Tax waiver extension a welcome boost for Indian garment exporters
Indian apparel and ready-made garment (RMG) exporters trying to weather the dual headwinds of depressed ...
News from Cambodia, which last year saw air freight volumes grow 14% due to a surge in demand for its garment exports. The US, China and Japan were the three top destinations, with Chinese growth amounting to 34%, supported by Cathay Pacific operating dedicated freighters for over a year on the basis of strong demand. “Our cargo traffic is closely linked with the garment industry, so basically we grow when it does well,” said a Cambodia airports representative, and predicted 4-5% growth this year.
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