Chennai: Leather exports are still on the downward trend, with data from the Council for Leather Exports (for 2016-17 until February) showing a negative growth of 4.12 per cent for overall leather exports. In absolute numbers, the total exports during FY16 for the same period was at $5396.7 milli…
Tag: Rafeeque Ahmed
Currency Ban Impact | Textile & leather units feel the liquidity heat
The textile and leather sectors, major sources of employment, are facing heat from the Centre’s decision to demonetise the Rs 500 and Rs 1,000 currencies. Companies are not able to pay wages and so, people are staying away from factories. The other challenge, mainly for the unorganised sect…
MSME sector in Tamil Nadu sore over delay in flood relief measures
Industry associations representing micro, small and medium enterprises from the flood-hit areas in Tamil Nadu lamented the continued delay in disbursement of financial support from the government, banks and insurance companies. At an interactive session organised by the Southern India Chamber of …