Home / Knowledge / News / Apparel/Garments / Shift in orders from China, RMG exports up
Shift in orders from China, RMG exports up
10
Sep '10
According to the statistics of Export Promotion Bureau (EPB), overall export figures increased more than 26 percent in July – the first month of the fiscal 2010-11, in comparison with the exports during the same month in the previous fiscal.

According to the apparel exporters, this hike in exports is attributed to the rising tendency among the international buyers, who have shifted their export orders from China to Bangladesh. Bangladesh shipped apparels worth $1.81 billion in July, out of which $798.66 million was from knitwear and $671.28 million from woven products, recording a hike of 22.55 percent and 28.62 percent, respectively, from July 2009.

Exports of items, like raw jute, jute carpets, home textiles, leather, leather products, footwear, frozen food items, tea, ceramic products, furniture and bicycles, soared in the month of July. But the shipment of handicrafts, chemical products, urea fertilizers and pharmaceuticals showed a decline.

Faruk Khan, the Commerce Minister, requested the exporters not to be content with the export growth data, and put more efforts to attain a mark of $18.5 billion in the current fiscal year.

According to an expert, China is currently facing an acute shortage of textile workers. Therefore, most of the international buyers are ready to place their orders to Bangladesh. However, the power and gas crisis as well as poor infrastructure does not allow Bangladesh to use its optimum production capacity.

He also added that, the Chittagong Port has also lost its impetus and failed because of its bad performance.


Fibre2fashion News Desk - India


Must ReadView All

Sanjay K Jain, managing director, TT Ltd

Textiles | On 21st Sep 2017

TT’s Sanjay Jain elected new chairman of CITI

The Confederation of Indian Textile Industry (CITI), the apex body...

Textiles | On 21st Sep 2017

NRF urges US lawmakers to lower corporate tax rates

The National Retail Federation (NRF) has written to the US Senate...

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search