Yarn, fabric to garment, home furnishing and retail… here is an analysis of the latest performance of companies across the value chain of apparel and textile industry. Improved operating efficiencies and cost cutting strategies have helpe
Trade Data
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Highlighting the current liquidity crisis in the industry, a recent report by Small Industries Development Bank of India (SIDBI) and Centre for Research in International Finance (CRIF) claims that the market worth of the industry is US $ 13
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Increasing freight cost is not only impacting the developed nations, but also impacting the third world countries – and impacting big, with sea freight rates seeing massive jump by 300 per cent. Container shortage is also another crucial
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Looking at the previous track record of the Scheme for Integrated Textiles Parks (SITP), industry doubts the success rate of MITRA scheme without proper infrastructural set-up.
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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
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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.
