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Trade conflicts hitting growth outlook: IMF chief
International Monetary Fund Managing Director Christine Lagarde said recently that trade disputes and tariffs are starting to dim the outlook for global growth, calling on countries to resolve their differences and reform global trading rules.
Textile investment ahead: A boom or bust or just so-so?
India is one of the fastest growing and promising economies today on the world map. With huge raw material availability and with stable Government, rapid industrial growth is forecasted in near future. Today, textile sector is one of the largest contributors to India´s exports with approximately 11 per cent of total exports.
Ups & downs in 2015
Global growth is forecast at 3.5 per cent in 2015 and 3.8 percent in 2016, with uneven prospects across the main countries and regions. Growth in emerging market economies is softening, reflecting an adjustment to diminished medium-term growth expectations and lower revenues from commodity exports, as well as country-specific factors.
Challenges in textile processing
The Indian textile industry has been very dynamic & the stakeholders of the supply chain especially the colourists have to tackle a huge range of issues daily. The most challenging one is to make ´cleaner products´ of expected quality and at a competitive price.
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