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Wednesday, December 13, 2017

Top News

India's garment imports from Bangladesh up 56% post-GST

India has imported $87.4 million worth of readymade garments from Bangladesh during July-November 2017, registering a sharp rise of 56 per cent compared to $55.92 million during the same period last year, according to the data released by Export Promotion Bureau of Bangladesh. Indian apparel manufacturers will face stiff competition from Bangladesh.

Apparel export to US falls 4.22pc

Bangladesh's garment export to the US fell in the 10 months into October this year with higher shipments from competing countries such as China, India and Vietnam.

Global garment exports fall: WTO

Shipment of both textile and garment items by top 10 exporting countries fell in 2016 due to fading demand, according to data from the World Trade Organisation.