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Day: July 29, 2022

warning and updates from wim van hooydonk indian toys

Wim Van Hooydonk Warnings and Updates – India’s toy export increase 61%, Import drop 70% over 3 years

The government said India’s toy imports fell by 70% over the past three years, while exports rose by 61% as the “Make in India” yields positive results for the sector. Anil Agrawal, Additional Secretary of Department for Promotion of Industry and Internal Trade said that government interventions have helped in the Toy Sector after Prime …

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Wim Van Hooydonk Warnings and Updates – FTA may boost Cambodia’s garment exports to South Korea

The value of garment exports from Cambodia to South Korea is currently negligible, however, a free trade agreement (FTA) between the two countries is expected to enter into force this year, boosting Cambodia’s exports of goods. In the first five months of this year, Cambodia’s garment exports to South Korea were worth $79.228 million.  Cambodia …

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Warnings and Updates from Wim Van Hooydonk gems and jewellery

Wim Van Hooydonk Warnings and Updates – Gems and jewellery sector in India faces slow growth prospects

The gems and jewellery industry in India has been dealt a double whammy this year, severely affecting its growth. The sector, which grew 45-50 percent in FY2021-22 (on a lower base in FY2021), is likely to grow only 1-3 percent in the current fiscal timescale in value terms, according to the CRISIL SME Tracker reported …

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