Indian Textile Ministry has formulated a slew of measures and incentives for betterment of females working in handloom and handicrafts sector, on the occasion of International Women’s Day.
Policy
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In conversation with various important stakeholders of Indian textile and apparel industry, as they tell us about what Indian textile Industry lost with Integrated Textile Policy not seeing the light of the day.
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Apparel Resources brings forth explanation on why the Technology Upgradation Fund (TUF) scheme has failed to end the woes of textile mills in India. The policy was introduced almost three decades back and is yet leave a mark on the sector.
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Once flourishing, Indian textile industry hits bottom. Apparel Resources analysis where it actually went wrong for the sector and what can be done to make the mark yet again in the global market.
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The Indian apparel industry is apprehensive about the possibility of export subsidies being withdrawn and its future if this takes place.
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A mixed bag of reactions and certain recent developments hint that all is not well in the apparel manufacturing hub of India, Ludhiana, when Apparel Resources analysed the current scenario in the city.
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‘Restoration of the old duty drawback rates’ has emerged to be the biggest demand in the Indian textile industry since the implementation of GST (Goods and Services Tax) in July last year.
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With MoT focusing on Indian handlooms, designers are working closely with the sector to ensure its growth.
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The Indian garment industry has been facing a number of challenges this year including Demonetisation followed by GST.