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Audits,
certifications enhance operations, customer base: Exporters
International buyers are increasingly
demanding that suppliers’ factories, globally, follow the laws
of their land, operate in a socially and environmentally responsible
manner.
Govt
to launch trading in silk futures by year end
In a significant move, the Union government
in association with commodity exchanges is planning to launch future
contracts in silk cocoon and yarn in the next three-four months.
‘Now
that India has taken the initiative to create the Silk Mark, we
expect other countries to show interest’
After nearly three years of incubation,
the Silk Mark was finally launched in India. As the world’s
first exclusive purity logo for silk, the industry has many expectations
from Silk Mark.
Common audits
emerging among retailers
Social responsibility, audits, are becoming increasingly important
in the global market, with newer laws and audits being implemented
over time.
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"The new restrictions will arise
from the importing country government departments that campaign
for social sourcing and protecting rights of labour in the entire
supply chain."
- Matthias Knappe, senior market
development officer, International Trade Centre on the emerging
non-tariff hurdles in textile exports.
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