Goyal brings over two decades of experience across leading organisations, including Bharti Airtel, PepsiCo, LG Electronics, OYO, and GlobalBees.
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The reform is expected to provide a significant boost to e-commerce exporters by allowing greater flexibility in consignment values and facilitating smoother outbound logistics.
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In rupee terms, export growth was relatively stronger at 5.8%, supported by the depreciation of the Indian currency over the period.
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Cotton yarn prices have risen considerably in recent weeks, reflecting a broader inflationary trend across raw materials.
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The decision was taken at a meeting, where industry stakeholders highlighted mounting pressure from higher yarn prices, labour-related challenges, and weakening demand.
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The acquisition integrates Solethreads’ digital-first, youth-oriented positioning with Mirza International’s established manufacturing and design capabilities.
