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No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
Commerce minister Piyush Goyal to meet exporters, industry associations on April 27Commerce Minister Piyush Goyal will meet export councils and industry leaders on April 27. The meeting aims to boost India's outbound shipm...
As global headwinds bite, labour-intensive MSMEs look to Budget for job protectionHome textiles, leather and rural firms call for credit guarantees, export incentives and tax relief
Trump tariffs: Exporters in Kolkata mull ‘Made in Europe’ tag for leather exportsFor leather exporters in Kolkata, the current situation is especially challenging given the eastern region’s expertise and strength in this...
Indian leather shines abroad, witnesses' exports boomAs international footwear brands look to source their production needs, and with many also looking to diversify outside of China, the world...
India can increase footwear exports by 10 times in near future: GoyalGoyal said that about 7,000 small industries units are connected with the footwear sector which holds great significance to the economy and...
Agra shoemakers squeezed by costs, fading demandAgra has been India's biggest shoe making centre since the Mughals ruled from the city centuries ago. The local industry, which employs 400...
With US-China relations tense, Indian footwear makers are eyeing share in American marketIndia has a minuscule 1% share of the footwear market in the US, but Agra’s exporters are trying to expand their presence in the country, s...
Tanneries in tatters: Country’s leather sector on the verge of collapseWith payments worth crores stuck overseas, the Indian leather sector has been hit hard by the economic fallout of the pandemic. Without gov...
FDI in non-bank lenders needs to be explored for greater support to MSMEs: GadkariThe minister opined that strengthening of non-banking lenders or NBFCs, state cooperative banks, district cooperative banks, credit societi...
Budget 2019: Access to credit, increased ease of doing business, top demands of tier 2, 3-based MSMEsEmploying over 60 million people and contributing 45% of industrial output and 40% of the country's exports, MSMEs are the critical growth ...
Fresh headache for PM Modi, Piyush Goyal as Trump ends preferential trade treatment for IndiaThe announcement will provide a fresh set of challenges for Minister Goyal, who has to tackle slow export growth and headwinds from uncerta...
Government readies loan, social security plan for MSMEsThe government is set to announce a package of benefits for MSMEs spread across 80 clusters that will cover credit flow, steps to improve m...
- Activists protest against Yamuna pollution
Activists gathered along the banks of the Yamuna here to demand an early clean up of the river that is the lifeline to millions in northern...
On expansion mode, Flipkart to hire 12,000 people this yearFlipkart will hire 12,000 people this year to beef up its support and technology operations as the homegrown firm witnesses strong surge in...
Flipkart to tie-up with different manufacturing clusters; move aimed at bringing more sellers on-boardFlipkart, the largest e-commerce marketplace in India, today said it is holding talks to tie-up with manufacturing clusters such as Tirupur.
Government to introduce rating index for industrial clustersIndia, which so far has not been able to generate enough investor interest in its special trade zones, does not have a policy on standards ...
- Rohtak's shoe business has FDDI support: Rajeev J Lakhara, FDDI
Manpower crunch in the leather industry is seen as a major weakness, especially when foreign entities look at India as a region with low pr...
- SEZ tax uncertainties: Parsvnath to drop six projects
Several realty firms, including Parsvnath, have sought the government's nod to shelve their special economic zone (SEZ)projects amid contin...
- Govt okays Rs 912-crore scheme for leather industry
The government on Thursday approved over Rs 912 crore for development of infrastructure in the fast growing leather industry during the 11t...