‘Orders improving but paucity of labour poses problem for exporters’
Merchandise exports will further revive in the coming months as order books are showing signs of improvement, even as the industry is still facing labour shortage, according to exporters.
By : migrator
Update: 2020-08-02 20:05 GMT
New Delhi
Ajay Sahai, Director General, Federation of Indian Export Organisations, said there is no problem of orders in the shorter run, but exporters are still not getting long-term orders. “We are expecting that the situation will improve further,” Sahai said. On labour shortage, he said factories are still not running at full capacity, but the situation will improve in the next few months.
PR Aqeel Ahmed, Chairman, Council for Leather Exports said the sector is doing well as “our order books are improving.” A Sakthivel, Chairman, Apparel Export Promotion Council, also said there is a positive sentiment for Indian goods, which is helping in pushing the outbound shipments. “Orders are coming. This year we hope we will be able to significantly increase our exports. Factories are running at about 60 per cent capacity. By November, we will be able to reach the pre-COVID level,” he said.
Visit news.dtnext.in to explore our interactive epaper!
Download the DT Next app for more exciting features!
Click here for iOS
Click here for Android