Monday, September 17, 2018, New Delhi: Ministry of Commerce & Industry, DGCI&S, issued the Quick Estimates of EXIM data for the month August 2018. Shri Sanjay K Jain, Chairman, CITI stated that the exports of textile and apparel stood at Rs.21,895.00 crore during August 2018 as compared to Rs.18,533.00 crore during August 2017 showing an increase of 18%….
Responsible manufacturing over the years has grown out of a concept and has made its way into policies of many reputed international brands. Environmental and social compliances are no more optional. Any large buyer before selecting a supplier ensures that all the compliance aspects are met by the factories. Any failure in these aspects are a strong ground for rejections. According to Nielsen’s 2015 Global Corporate Sustainability Report, 66% of the customers globally are willing to pay extra for goods and services from socially responsible companies. The number has gone up from 50% in 2013 to 66% in just two years and since then has grown even more. ….