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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 […]
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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 […]
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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 […]
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Handloom combined with blockchain: Weaving legacy and innovation together for a dignified future
At the conclusion of this month, world leaders will convene in Glasgow for the COP26 – 2021 United Nations Climate Change Conference. The entire world will be following their every move. It will be a test for every leader, as well as the commitment of their nation and their people to the Paris accord. Although […]