Lack of containers: Difficult to send goods on time for textile exports

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Mumbai, Ta. 29 December 2020, Tuesday

The shortage of containers has made it difficult for the country's textile exporters to deliver goods on time. Export orders have risen sharply after the lockdown was eased but shortage of containers has made it difficult to ship goods, sources in The Cotton Textiles Export Promotion Council said.

Sources claimed that it takes more than two weeks to get the containers for export, due to which the goods could not be shipped as per the terms and conditions of the agreement with the importers. The cancellation is likely to continue, the sources added.

If the shortage of containers is not addressed in time, the country's textile exports are at risk of being hit. Textile exports have also declined in the current year due to Corona. The corona has affected the movement of containers, disrupting the maths of imports in world trade.

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