IT Sector
High Shipping Costs, Shipments' Delay, Red Sea Woes Hit Textile Exports
News Trade

High Shipping Costs, Shipments’ Delay, Red Sea Woes Hit Textile Exports

The Bank of Baroda (BoB) in a recent report has said that increased shipping costs and delays in shipments due to the Red Sea crisis is a major headwind for the textile sector. The report titled ‘Corporate performance: Q3-FY24’ stated that for the textiles sector, festive demand momentum was short-lived as discretionary demand continues to […]

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ICF Chennai To Develop Standard Gauge Vande Bharat Trains For Export
Electronics News

Domestic Production Likely To Hit Rs 8.42 Lakh Cr: Ashwini Vaishnaw

The domestic electronic production is likely to hit Rs 8.42 lakh crore and export Rs 1.76 lakh crore in the contemporary financial year, and regarding this concern the Parliament was informed on Wednesday. The proposal submitted to the Lok Sabha by Ashwini Vaishnaw, Minster of Electronics & Information Technology (IT), said that India’s share for […]

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