‘European and UK leather industry plans to shift to India’

The Indian leather industry should grab the opportunity as leather manufacturers from Europe and the United Kingdom are planning to shift their production units to India, said Asad Iraqi, general secretary, Leather Industries Welfare Association. He claimed that the Indian leather industry should make every effort to attract European manufacturers as their investment would generate.

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Tirupur misses export target, domestic sales holds on

Garment exports from Tirupur dropped to Rs 25,000 crore for the year ended March 2020, from Rs 26,000 crore in the previous year as Covid pandemic wiped away most of March exports. The target was to export garments worth Rs 8,000 crore. Domestic sales were flat at Rs 25000 crore for the fiscal. With nearly.

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PSA and One Network solutions team up to provide supply chain visibility

Port operator PSA International’s supply chain operation has teamed up with US technology provider One Network Enterprises. It will offer shippers and 3PLs that use its port facilities “track-and-trace visibility, alerts and notifications and a comprehensive supply chain control tower” for logistics activities beyond terminal gates. PSA Cargo Solutions said One Network’s NEO platform would.

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Niti Aayog CEO suggests customs reforms to Finance Ministry

Niti Aayog has recommended to the Finance Ministry the setting up of a National Trade Network (NTN) on the lines of GSTN to facilitate import and exports and flagged negative interventions at the field level where customs officers raise irrelevant queries without accountability and sometimes, even rent seeking. In a letter, Amitabh Kant, CEO, Niti.

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Kochi: Seafarers allege harassment by owners

The 10 seafarers of the Marshall Island-flagged vessel MV Tomini Destiny who disembarked at Cochin Port on Thursday after an overdue of their sailing contract for more than two months due to the lockdown, alleged that the ship owner Tomini Shipping hadn’t listened to their safety concerns and forced them to carry out discharge of.

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Coronavirus spread to weigh on domestic ports and logistics sectors

The spread of Covid-19 has made business tougher for domestic ports and logistics firms, which were already grappling with slow earnings growth. At present, sectors like warehousing, trucking, and last-mile delivery, are facing several challenges. Labour shortage has turned out to be the biggest one, across segments. A longer turnaround time in case of ports, demand shock.

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