Courtesy: AEPC
India’s apparel production has shown a decline of 4.7 per cent in the month of February and a decline of 9.9 per cent for the period April-February 2017-18 as per the latest IIP figures. Apparel manufacturing has suffered the 10th consecutive monthly decline on account of the issues which have arisen after the implementation of Goods and Services Tax (GST).
As per the IIP figures, there has been a month to month decline in apparel productivity, from a positive growth of 1.3
Wool prices in Australia have continued to climb since last season despite supply for the current season increasing by around 3-5 per cent relative to last year, the Australian Wool Innovation (AWI) has said in its March 2018 report. There are strong indications that the current price levels can be sustained and give a positive outlook for the industry.
“Wool remains at very competitive levels historically, despite pulling back slightly from the record highs seen over the past two months,” sa
