{"id":6313,"date":"2024-06-14T02:30:11","date_gmt":"2024-06-14T02:30:11","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=6313"},"modified":"2024-06-14T02:30:11","modified_gmt":"2024-06-14T02:30:11","slug":"gujarat-textiles-units-hurt-by-us-europe-inflation","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/gujarat-textiles-units-hurt-by-us-europe-inflation\/","title":{"rendered":"Gujarat: Textiles units hurt by US-Europe inflation"},"content":{"rendered":"

Gujarat-based Home<\/a> textiles manufacturers are struggling to get export orders. These manufacturers foresee tough times for almost six months, due to high raw material prices and high in key exports markets such as Europe and the US. Margins have fallen significantly and even after the start of the newcottonseason, the situation has not improved. Gujarat-based home textile manufacturers get around 75% of their revenue from exports.<\/p>\n

Gujarat<\/u>is a large manufacturer of home textiles and around 80% of our production is meant for export.<\/p>\n

According to Industry<\/a> players, Indian home textile exports were worth about $9 billion in the last financial year and the US accounts for more than 55% of India’s home textile exports, from where demand has been adversely affected.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gujarat-based Home textiles manufacturers are struggling to get export orders. These manufacturers foresee tough times for almost six months, due to high raw material prices and high in key exports markets such as Europe and the US. Margins have fallen significantly and even after the start of the newcottonseason, the situation has not improved. Gujarat-based … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1084],"tags":[680],"class_list":["post-6313","post","type-post","status-publish","format-standard","hentry","category-gujarat","tag-05-11-22"],"yoast_head":"\nGujarat: Textiles units hurt by US-Europe inflation - 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\/gujarat-textiles-units-hurt-by-us-europe-inflation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gujarat: Textiles units hurt by US-Europe inflation\" \/>\n<meta property=\"og:description\" content=\"Gujarat-based Home textiles manufacturers are struggling to get export orders. These manufacturers foresee tough times for almost six months, due to high raw material prices and high in key exports markets such as Europe and the US. Margins have fallen significantly and even after the start of the newcottonseason, the situation has not improved. Gujarat-based ... 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These manufacturers foresee tough times for almost six months, due to high raw material prices and high in key exports markets such as Europe and the US. Margins have fallen significantly and even after the start of the newcottonseason, the situation has not improved. Gujarat-based ... 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