Despite the crisis looming over the Red Sea, Indian garments and leather products will make it to the shelves in the US and Europe in time for Christmas and New Year this year. Thanks to proper planning, goods were shipped two months in advance to avoid delay during transit. Usually, goods for Christmas and New Year are shipped by August, but this year it was completed in June and July due to the increased transit time and delays, said sources. Last year, the Red Sea crisis hit many exporters leaving the world's two largest markets dry as ships avoided the Suez Canal in view of the Houthi attacks, and went via the Cape of Good Hope in South Africa. This added to voyage time. Textiles worth nearly $20 billion from India were exported to the US and Europe last year. Leather products worth around $1 billion and $2.3 billion were exported to the US and Europe respectively, according to government data. Mithileshwar Thakur, Secretary General, Apparel Export Promotion Council, is relieved as the goods will hit the stores in the US and Europe in time for the winter season. Generally, by August they ship the goods to warehouses, from where the goods are delivered to stores. However, this time, they did it in June and July. (ICE NEW DELHI)

Fonte notizia: Business Line