Free trade agreements signed between major consuming countries and manufacturing nations pose a major challenge to Indian apparel exporters, according to an ICRA note.
The threat looms even as the growth in exports has moved to the positive zone after two years.
Continuation of export incentives is crucial for the apparel exporters to garner a larger pie of the global apparel trade, though recent measures announced by the Centre have provided some relief.
After a fall in shipments in the last two consecutive years, apparel exports were up 4 per cent in the last four months of this fiscal.
Bu hikaye The Hindu Business Line dergisinin September 25, 2019 sayısından alınmıştır.
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Bu hikaye The Hindu Business Line dergisinin September 25, 2019 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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