Tadashi Yanai, Chairman, President and CEO, Fast Retailing said, “From the very beginning of our discussions with corporate and Government leaders in India, I have been impressed by the exceptional talent, ambition and diligence of the young people I have met.”

There was already container shortage due to Covid and the Suez Canal blockage in March, suspension of operations at China’s Yantian port in June, and the recent typhoon in China have made it more severe.

Anil Kumar Jain, Executive Chairman, Indo Count Industries said, “The results of the first quarter of FY22 demonstrate our unique strategic vision and the resilience of our company’s operating performance, coupled with intuitive management. We are witnessing a demand momentum in our end markets.”

The Directorate General of Trade Remedies (DGTR) in the Commerce Ministry has recommended the withdrawal of the existing anti-dumping duty on certain viscose staple fibre from China and Indonesia.

According to the presented report by Darshana Jardosh, Minister of State for Textiles (India) in the Parliament, the high tariffs that Indian exporters face in important markets like the EU and UK are affecting exports, unlike Bangladesh and Cambodia that have zero tariffs in mentioned destinations.