‘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.
Trade Data
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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.
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As we celebrate the World Cotton Day today, let’s take a look at its relevance in the fashion value chain especially in India, some interesting facts you may not have known before, and more…
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As per the official data, India’s export of MMF-based apparel is only 10 per cent of its total apparel exports. It is hardly US $ 1.6 billion, whereas the world trade is about US $ 200 billion.
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Two recent official reports – Export Preparedness Index (EPI) 2020 by NITI Aayog and State BRAP 2020 by the Ministry of Commerce – suggest where states can improve in export and overall business.
