Activity in Asian Manufacturing Hubs Slowed Down in March 2022

The recent turmoil between Russia and Ukraine and renewed surges in COVID-19 infections in many countries impacted manufacturing activity in Asia tremendously in March 2022. Overall export demand in all major economies saw a decline in the recent month. A major impact on these economies came through rising inputs and raw material prices, particularly energy … Read more

Cotton prices around the world are seeing sluggish growth due to economic uncertainty.

When the global economy was looking at a robust recovery after COVID-19 and clothing demand in all major economies was very certain to grow beyond pre-pandemic levels, cotton prices for major markets were trading at their multi-year peaks almost two months ago. This was when cotton prices were trading at their highest levels in almost … Read more

5 trends: Indian handicraft sector to an upsurge in 2022

The future of Indian handicrafts looks promising in days to come thanks to effective government schemes, advent of special platforms, technology coming to the rescue and a host of other things. Indian handicrafts are the embodiment of our country’s diverse culture and rich heritage. Indian artists sculpt their particular art into forms that can be … Read more