India’s textile industry is grappling with a significant challenge as reduced cotton sowing during the current kharif season raises concerns about meeting the government’s ambitious export targets. As of September 13, cotton sowing has dropped to 11.24 million hectares, down from
Bangladesh, which is currently embroiled in severe political crisis, is renowned for its thriving textile sector. The country’s substantial income from garment exports is now under threat due to the ongoing turmoil. As a result, global textile importers are beginning to explore alternative markets, including India. Bangladesh is a significant player in the global
The ongoing unrest in Bangladesh is posing significant challenges for Surat’s textile sector, which exports over Rs 100 crore worth of yarn and textile items to Bangladesh every month. The turmoil has led to a halt in new orders, raising concerns about payments for supplies already shipped. Bangladesh, a major apparel production hub for renowned […]