Try GOLD - Free
Textile units halt production
Financial Express Ahmedabad
|August 27, 2025
WHILE WINTER orders are few, the exporters of apparel are sitting on spring orders that are shipped between October and December.
-
The buyers are asking for a 30% discount to level the prices with competing countries which have 20% tariffs in the US, secretary general of Apparel Export Promotion Council Mithilishwar Thakur said. "The exporters may take that 30% hit for a few months to retain relationships with buyers and keep their workers engaged but unless some kind of a solution is found the layoffs may start," Thakur added.
This story is from the August 27, 2025 edition of Financial Express Ahmedabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Ahmedabad
Financial Express Ahmedabad
It’s wok-ing!
From immersive cafes and casual dining to luxe reinterpretations, pan-Asian remains a perennial favourite, with most new openings favouring the cuisine
6 mins
December 14, 2025
Financial Express Ahmedabad
‘It’s fake news’: A natural history of misinformation
It is not just humans who suffer fake news. So do fish, flies and even bacteria
4 mins
December 14, 2025
Financial Express Ahmedabad
A myth & its unmaking
A dismantling of the idea of progress, forcing a rethink what it means to advance at all
4 mins
December 14, 2025
Financial Express Ahmedabad
Indian holidayers favour foreign shores over domestic
Outbound tourist numbers rising, inbound static
1 min
December 14, 2025
Financial Express Ahmedabad
MG Windsor zooms past Tata to take EV crown
FOR THE FIRST time since electric vehicle (EV) sales took off in India in 2020, a non-Tata car will lead a calendar year’s sales.
1 min
December 14, 2025
Financial Express Ahmedabad
These Al travel influencers don't want freebies
Social media posts by AI-created travel avatars cost far less to produce, yet look real. Human influencers worry they're being elbowed out
3 mins
December 14, 2025
Financial Express Ahmedabad
H-1B visa fee: 19 US states sue Trump admin
NINETEEN US STATES have sued the Trump administration over its \"unlawful\" decision to impose a $100,000 fee on new H-1B visa petitions, warning that the move will worsen labour shortages in key sectors such as health care, education and technology.
1 mins
December 14, 2025
Financial Express Ahmedabad
Clampdown in Bangladesh amid unrest
BANGLADESH CHIEF ADVISER Muhammad Yunus-led interim government ordered a nationwide security clampdown as fresh unrest gripped the country following the shooting of a right-wing cultural group's youth leader.
1 min
December 14, 2025
Financial Express Ahmedabad
Shiprocket aims to raise ₹2,342 crore
TEMASEK-BACKED E-COMMERCE enablement platform Shiprocket has filed updated draft papers with markets regulator Sebi to raise a little over ₹2,342 crore through its initial public offering (IPO), reports PTI.
1 min
December 14, 2025
Financial Express Ahmedabad
90% IndiGo ops back to normal
ABOUT 90% OF IndiGo’s flight operations have returned to normal, Union Minister of State for Civil Aviation Murlidhar Mohol said on Saturday.
1 min
December 14, 2025
Listen
Translate
Change font size