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Textile sector unlikely to
post 10% growth
THE domestic textile and apparel sector is unlikely to record 10 per cent
growth this year, even as apparel exports of Bangladesh is expected to
cross over six billion US dollars, according to a CII study.
Tea
exports rise to 196.32 m kgs
THE domestic tea exports increased to 196.32 million kgs in 2000-2001
from 192.44 million kgs in the previous fiscal. "Despite the slight
increase in quantity, the value of exports during the fiscal came down
to Rs 1748.36 crore from Rs 1932.66 crore in 1999-2000," Tea Board
officials said.
Wheat
exports: FCI rejects traders’ allegation
THE Food Corporation
of India (FCI) on Tuesday rejected traders’ claim that its tender for
sale of wheat for exports may be a non-starter, asserting that the terms
and conditions were made stringent to keep ‘unscrupulous’ players away
and prevent diversion of stocks to domestic market.
Indo-German bilateral trade
to cross Rs 20,000 crore by December 2001
INDIA’s bilateral trade with Germany is expected to continue its good
run in the year 2001 with early forecasts predicting trade to cross Rs
20,000 crore by December.
On-line
sales to stir Lankan tea industry
SRI Lanka will begin selling some of its tea crop on-line on Friday in
what industry officials say could be a first step towards opening up the
world’s biggest tea auction.
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