Bangladesh Shifts from India, Chooses Brazil as Its Top Cotton Supplier
Bangladesh decreases dependency on India and intensifies its sourcing strategy, as Brazil becomes its leading supplier of cotton for the textile and apparel industry. Brazil has supplanted India as Bangladesh’s biggest source of raw cotton, breaking its long-standing dominance in one of the world’s largest textile markets. The Bangladeshi textile…
Pawan Agarwal and Pavan Khaitan elected as President & Vice President of IPMA
Mr. Pawan Agarwal, Managing Director, Naini Papers Ltd. has been re-elected as the President of Indian Paper Manufacturers Association (IPMA) at the 26th Annual General Meeting of the national apex body of Paper sector in India. Mr. Pavan Khaitan, Vice Chairman & Managing Director, Kuantum Papers Ltd. is the new…
Chilling injury shifts sourcing for Indian banana exports
Banana exports from India are going steady with rising winter demand, particularly from Iran, according to Sagar Rajput of Kulswamini Fruit Export. “There is a lot of opportunity in banana exports, and right now the market is doing very well.” Kulswamini Fruit mainly exports the G9 Cavendish variety and adjusts…
High-value components raise the import costs of electronics companies.
Apple, Samsung, LG, Haier, Lenovo, Whirlpool and Motorola were among nearly a dozen electronics companies that imported a combined more than ₹1.21 lakh crore worth of components and products in FY25, recording more than 13% growth, marking a reversal from the first-ever decline seen in the year before, showed latest…
