PLI scheme is likely to create 50-60 world-class global champion companies in MMF and technical textile segments. As per industry insiders, some of the companies are aggressively looking to take its advantage; for example, leading textile p
Trade Data
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Trade Data
‘Unfair’ demands of overseas customer nominated freight forwarders adding to the worries of Indian exporters
Apparel exporters are facing many challenges like reduced orders, cancelled shipments, more cases of bankruptcies… now adding fuel to the fire, customer nominated overseas freight forwarders are also creating challenges for them. And in s
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A target of Rs. one lakh crore has been envisaged for the Tirupur knitwear business by the year 2024. The knitwear city of India can achieve this target but there are many issues which need to be addressed to move ahead on this growth path.
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‘New Normal’ has changed the apparel and fashion industry and across the globe. Demand for value-added garments are now less while knitted garment’s demand is comparatively more compared to woven garments.
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India too has been keenly following all the developments during and post elections – after all US is one of those few nations with whom India enjoys trade surplus. If the recent analysis by Madan Sabnavis of CARE Ratings is anything to go
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Around 25 districts of the state have been identified as far as textile and apparel products are concerned. This speaks volumes about how the state and this scheme can be fruitful for the overall textile industry.
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Strict regulations and monitoring processes need to be implemented. Such incidences tarnish the reputation of the industry and need a strong rebuke.
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Working together, can India and Bangladesh achieve 35 per cent of global textile and apparel trade in the next 5 years? Let’s explore…
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Trade Data
Recent shift in policies by governments globally to positively impact Indian and Bangladesh textile exports
China is at the receiving end of criticism, tariff restrictions and business pull-outs. The US has come down hard on China in continuation of the ongoing trade war that was a matter of dispute even prior to the pandemic.