Try GOLD - Free
Textile units halt production
Financial Express Kolkata
|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 Kolkata.
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 Kolkata
Financial Express Kolkata
SAIL posts 14% growth in sales in April-November
STATE-OWNED STEELMAKER SAIL said it recorded a 14% yearon-year growth in sales at 12.7 million tonne (MT) in April-November, amid \"price pressures and demand volatility\".
1 min
December 14, 2025
Financial Express Kolkata
Indian holidayers favour foreign shores over domestic
Outbound tourist numbers rising, inbound static
1 min
December 14, 2025
Financial Express Kolkata
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 Kolkata
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 Kolkata
How menstrual cups can help you go with the flow
As Indian women become more aware, exposed and educated, choices in period hygiene are also shifting
6 mins
December 14, 2025
Financial Express Kolkata
Through the AI lens
The coming year spells exciting news on the smart glasses front, with Google and Apple to join Meta in the market
3 mins
December 14, 2025
Financial Express Kolkata
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 Kolkata
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 Kolkata
The Omega 3 angle
Why is this important for health, and how should we consume it
3 mins
December 14, 2025
Financial Express Kolkata
How Bazball bubble burst Down Under
CRICKET IS PLAYED on the field, not in the imagination of the contestants.
4 mins
December 14, 2025
Listen
Translate
Change font size