Cotton accounts for 51 per cent of the total raw material cost in the Indian textile industry and continues to remain at an elevated level, thereby pressurising domestic industry margins, according to India Ratings and Research (Ind-Ra). This raw material cost inflation has been difficult to pass...
To boost job creation and exports, the new government at the Centre should resolve issues related to Technology Upgradation Fund Scheme (TUFS), Southern India Mills’ Association (SIMA) has said. The association has also appealed for release of ₹9,000 crore pending TUFS subsidies on a fast track. The...
The fourth edition of Garment Show of India (GSI), a one of a kind b2b trade show to promote apparel retail business from north India by connecting suppliers and buyers looking for quality and reasonable pricing for garments, will be held from July 8-10 in New Delhi....
President of Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) Sheikh Fazle Fahim said stimulating the economy in COVID-19 realities, job creation and investments in India-Bangladesh joint ventures are the best way to benefit both the nations. “At this juncture as our bilateral trade stands at...
Only days after The Indian People’s Party (BJP) confirmed its victory in the 2019 general election in India, and its leader, Narendra Modi, began his second term as the country’s prime minister, reports have emerged from the north of the country questioning the ability of the tanning...
Bangladesh is a good place to invest in. Some Indian companies have already expressed their desire to invest here, said Indian High Commissioner (HC) to Bangladesh, Vikram Doraiswami. He said India currently has investments of $3.5 billion in Bangladesh. The establishment of the government's...
Bangladesh and India are set to start a joint study on the signing of an advanced free trade area deal under the banner of comprehensive economic partnership agreement, or CEPA, said officials. The two sides have already finalised the terms of reference for the study, which may...
Local electronics giant Walton is, arguably, going through a purple patch. For instance, earlier this week, it flagged off shipments of 26,000 air conditioners to India's Hyundai and also inaugurated its sprawling lift manufacturing plant, both of which are firsts for Bangladesh. There appears to be no...
While Vietnam, India, Indonesia – and some other countries – are racing to get their share of the pie from the probable exodus of factories from China, Bangladesh does not seem particularly active to get its share. Japan, the US and Europe have announced they will relocate...
India is planning to impose anti-dumping duty on clear floating glass exported by Bangladesh, and to this end, the neighbouring country's Directorate General of Trade Remedies (DGTR) has already launched an investigation. Following the probe, India will impose this duty at a fixed rate...