Month: June 2014

The SRTEPC has played a transforming role over the years in promoting exports of Indian Man-made fibre textiles. Exports of these items which were negligible in the 1960s, have grown substantially to touch Rs. 34,518 crores (US$5.75 billion) during 2013-14.

The competitiveness of the Chinese clothing industry is set to weaken over the next few years as costs rise. As a result, export growth could falter, according to Issue No 168 of Textile Outlook International from the global business information company Textiles Intelligence.

Retail in India is going places. The retail industry which started off from the Kirana shops many years ago now has stern competition from multi-brand retailers, many of whom are not of Indian origin.