{"id":6312,"date":"2024-06-14T02:30:09","date_gmt":"2024-06-14T02:30:09","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=6312"},"modified":"2024-06-14T02:30:09","modified_gmt":"2024-06-14T02:30:09","slug":"garment-exports-shrink-30-as-slowdown-hits-europe-us","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/garment-exports-shrink-30-as-slowdown-hits-europe-us\/","title":{"rendered":"Garment exports shrink 30% as slowdown hits Europe, US"},"content":{"rendered":"<p>Garment exporters are feeling the heat of economic slowdown in Europe and the US with exports falling as much 30% and reducing capacity utilisation.<\/p>\n<p>The economic slowdown has affected all the garment exporting countries, but the impact is more on India because of traditional inefficiencies.<\/p>\n<p>Export-oriented <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> units are operating on <a href=\"https:\/\/exam.pscnotes.com\/average\">Average<\/a> at around 70% of capacity.<\/p>\n<p>Reduced tax <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> on buying latest machines, skills development in the sector, easy availability of raw materials and creating centre of excellencies are some of the major points to be looked for.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Garment exporters are feeling the heat of economic slowdown in Europe and the US with exports falling as much 30% and reducing capacity utilisation. The economic slowdown has affected all the garment exporting countries, Subscribe on YouTube but the impact is more on India because of traditional inefficiencies. Export-oriented units are operating on Average at &#8230; <a title=\"Garment exports shrink 30% as slowdown hits Europe, US\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/garment-exports-shrink-30-as-slowdown-hits-europe-us\/\">Read more <span class=\"screen-reader-text\">Garment exports shrink 30% as slowdown hits Europe, US<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1083],"tags":[680],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Garment exports shrink 30% as slowdown hits Europe, US - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/garment-exports-shrink-30-as-slowdown-hits-europe-us\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Garment exports shrink 30% as slowdown hits Europe, US\" \/>\n<meta property=\"og:description\" content=\"Garment exporters are feeling the heat of economic slowdown in Europe and the US with exports falling as much 30% and reducing capacity utilisation. The economic slowdown has affected all the garment exporting countries, but the impact is more on India because of traditional inefficiencies. Export-oriented Subscribe on YouTube units are operating on Average at ... 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The economic slowdown has affected all the garment exporting countries, but the impact is more on India because of traditional inefficiencies. Export-oriented Subscribe on YouTube units are operating on Average at ... 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