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AneesNoorani vice president and managing director, said: Our currency is destined to rise, but it is not necessary from the months to present a sharp rise from 47 rupees to 39 rupees. The company is a big company in India, producing brand men's shirt and tie.
Blankets One of the most important characteristics of the natural wool blanket is the ability to insulate and retain air without blocking air circulation. Western consumer slowdown in the Indian textile industry caused many difficulties.
U.S. economic slowdown, the U.S. retailers at a discount. Indian exporters 2 by extrusion,[link widoczny dla zalogowanych], consumer prices down, while the Indian currency appreciation, exporters selling to lower profits. PDPatodia President of the Union of India, said the textile industry: India's competitiveness has disappeared. The association estimates that for every rupee value against the U.S. dollar fell 1 percent.
Blankets This process can be easily explained. Wool’s crimp naturally creates a textile volume. The association estimates that for every rupee value against the U.S. dollar fell 1 percent, profits fell by 1.2%. Some exporters will eventually suffer permanent damage, can not even survive. India's readymade garment exporters to the global apparel trade,[link widoczny dla zalogowanych], the contribution rate of 3%, 30% price increase exporters. Now,[link widoczny dla zalogowanych], clothing accounts for 43% of India's textile exports. Cost no longer exists because of the quota, exporters are busy reducing costs,[link widoczny dla zalogowanych], and now, the dollar plummeting, so exporters can not do anything. the United States is India's largest buyer of textiles and clothing, were 19% and 33%. Therefore, the depreciation of the dollar against.