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LEATHER EXPORTS IN AUGUST
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...
Capital goods boom, apparel bust: India's manufacturing growth is concentrated where it creates the fewest jobsIndia's industrial growth shows a worrying divide. Capital-intensive sectors driven by domestic demand are performing well. However, labor-...
Royal Enfield will expand outside Tamil Nadu, to set up unit in Andhra PradeshRoyal Enfield is investing Rs 2,200 crore to build a new manufacturing facility and vendor park in Andhra Pradesh. This marks the company's...
PMI rises to 54.7; Inflation pressures mountIndia's manufacturing sector saw modest growth in April. New orders and production improved, boosting activity. However, rising costs due t...
India's factory growth stays sluggish in April amid war-led soaring costs, PMI showsIndia's manufacturing growth saw a slight uptick in April, reaching 54.7, but remained near a four-year low due to weak domestic demand and...
Trump tariffs to dent India leather industry revenue 10-12% current fiscal: CrisilThe leather export landscape in India is taking a hit, with forecasts indicating a revenue decline of 10-12% due to impending US tariffs. C...
High US tariffs to cut Indian leather industry revenue by 10-12% this fiscal: Crisil RatingsIndian leather and allied product firms anticipate a 10-12% revenue decline this fiscal due to a steep 50% US tariff. This significant expo...
Textiles, leather & kitchen items exports to US downIndian exports of key goods to the United States saw a significant drop in August. Labour-intensive products like textiles, leather, and je...
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...
US tariff shock to hit West Bengal's labour-intensive leather, marine, engineering exportsUS President Donald Trump’s 25% tariff hike on Indian goods, taking total levies to 50%, is set to hit West Bengal’s export-driven economy....
Plastic exports dips by 6.9 pc to USD 34.5 bn in Aug: PlexconcilIndia's plastic exports declined by 6.9% to USD 34.5 billion in August compared to the same month last year, due to global economic difficu...
Exports down for sixth straight month falling nearly 13% in AugustFor the month of August, the exports fell 12.7% compared to the same period last year while imports were down 26% resulting in narrowing of...
Cattle slaughter ban making global brands like Zara, Marks & Spencer and Prada jitteryZara, Marks & Spencer, Prada and Armani have started contacting suppliers in India, enquiring whether they would be able to meet their comm...
Leather exports slip 8% in August to $451 millionExporters body FIEO said that incentives extended by the government would help in enhancing the competitiveness of domestic players and boo...
Cost of saving cow: Industry bleeds, farmers sufferBetween April and August 2015, the industry exported $2,654 million worth of goods, 8% lower than exports for the same period in 2014.
Exports languish, 23 sectors out of 30 decline in AugustIn all, 23 out of 30 sectors closely monitored by the Commerce Ministry were in the negative zone last month, according to ministry data.
Gold imports jump 140% to $4.95 billion in AugustIndia's exports fell for the ninth month in a row because of sluggish global demand and lower commodity prices, sparking fears of job losse...
- Sharp cut in tax refund rates to affect jobs, exports
Upset over sharp reduction in the rates of duty drawback, or tax refund, exporters today said the move will have adverse impact on employme...
- Five lakh may lose jobs in leather export units in 3-4 months
India's export-oriented leather industry employing 2.5 million people would be forced to lay off around 5 lakh workers in the next 3-4 mont...
- Ministers show different pictures on slowdown
Jairam Ramesh informed the Lok Sabha that between August and October as many as 65,500 jobs had been lost in the export-related companies o...