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GLOBAL ECONOMIC IMPACT ON APPAREL
India’s growth is making the world rewrite its forecast: MoSPI Secretary Saurabh GargIndia's continued economic resilience, supported by strong corporate performance and sustained investment activity, is now being reflected ...
Textile output surges, but apparel production stays in the red. What’s driving the divergence?Government data reveals growth of 8 percent in industrial output for August 2026, driven by manufacturing. Apparel production, however, dec...
There could be a pretty big global shock, says Nobel laureate & economist Michael SpenceMichael Spence highlights the economic growth of India and China, noting India's potential growth trajectory. He emphasizes India's advance...
India can sustain around 7% growth despite global concerns: Nilesh ShahIndia is projected to experience approximately 7% economic growth this year despite higher oil prices and deficient rainfall. Nilesh Shah, ...
Fuel, finance shocks already hitting global economy; India better placed but not insulated: Neelkanth MishraHigher fuel costs and tighter financial conditions are significantly affecting global demand and capital costs. India is comparatively bett...
Economic resilience cannot mean global insulation; domestic production "may cost more": Principal Secy to PMPK Mishra emphasized the need for India to remain open to global markets while enhancing economic resilience. He indicated that domestic pr...
AI's race to transform the world before the money runs outInvestment in AI technology continues to rise, surpassing historical investments seen in railways and the internet. Major AI firms are expe...
India, Jordan eye deeper textile tiesIndia and Jordan are embarking on an exciting journey to enhance collaboration in the textiles and apparel industry. A recent high-level de...
India can't take growth for granted, FinMin warns as global rates rise and investors turn cautiousIndia's economy exhibited robust growth of 7.8 percent in the first quarter of FY27 and is projected to grow 7.3 percent in the next quarte...
Buoyant Q2 demand for consumer goods lifts festive sales outlookConsumer demand in India saw significant growth during the July-September quarter, particularly in appliances and FMCGs. Sales of air condi...
Export schemes extended amid West Asia crisisThe Centre extended the duty refund scheme Remission of Duties and Taxes on Exported Products (RoDTEP) and the Rebate of State and Central ...
CEA warns of looming oil and rate pressures in India’s H2, sees Q2 growth at 7.3%Chief Economic Adviser V Anantha Nageswaran noted that the second half of the fiscal year would be challenging. Rising oil prices and incre...
Tata Group stock! BofA turns bullish on Trent, initiates coverage with Buy, pegs 17% upsideBofA Securities initiated coverage on Trent with a Buy rating and Rs 3,075 price target, citing its differentiated retail model, Zudio and ...
Karnataka approves Rs 4,000 crore textile policy to attract Rs 20,000 crore investmentKarnataka's new Textile & Apparel Policy aims to attract significant investments while creating numerous jobs over the next five years. The...
Global Market: Eurozone bond selloff pauses, yields stay near multi-year highsEurozone government bond yields eased after a sharp selloff pushed borrowing costs to multi-year highs. Investors remained focused on eleva...
VFS Global: Helping build the tourism infrastructure for trusted mobilityIndia's tourism sector is flourishing with a notable surge in tourist arrivals, signaling a significant recovery. VFS Global is instrumenta...
Niti Aayog to review export SOPs amid evolving global trade orderIndia plans to evaluate the effectiveness of two export support schemes amidst changing trade dynamics. These schemes, RoSCTL and RoDTEP, h...
India's global apparel export share stuck at 3% despite China losing ground; FTAs, China+1 open opportunity: ReportIndia has failed to gain meaningful share in global apparel exports despite China’s declining dominance, holding at around 3% in 2025 while...
Additional US tariff: Textile body sees severe threat to India’s textiles & apparel sectorIndustry body urges Govt of India to engage US urgently to protect MSME exporters.
Trump’s tariff tantrums return? Gokaldas Exports, other textile stocks drop up to 5% after Trump signs Russia sanctions billShares of textile exporters fell after US President Donald Trump signed a law allowing tariffs of up to 100% on countries buying Russian oi...