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Smaller cities drive lingerie sales in India
June 2021
As the demand for women’s innerwear increased due to lockdowns, the sales in this department went up by 4 to 5 times. This growth was seen more in tier 2 and tier 3 cities.
Fluctuating yarn rate trouble Ludhiana producers
June 2021
The textile and garment producers in Ludhiana are relieved with the easing of lockdowns but with the fluctuating rates of yarn, they are worried. Yarn is the biggest raw material in the industry.
Manufacturing sector drives India’s GDP Growth in Q4
June 2021
For the entire financial year 2020-21, the GDP contracted 7.3 per cent — a record low. In January-March last year, the economy had grown 3 per cent.
Homing in on growth amid pandemic
June 2021
In the recent years, India has emerged as one of the major players in the global home textiles market. Factors like traditional craftsmanship, local availability of raw materials, investments by companies in high-tech textile machinery, etc have helped India to become a preferred sourcing destination for home textiles.
India’s garment exports badly hit by state lockdowns
May 2021
Many states in India are experiencing total lockdown due to which the garment export sector is badly affected. The sector has recorded a loss of around $15 billion during the second wave of the coronavirus pandemic.
Companies see light at the end of the pandemic tunnel: ITMF Survey
May 2021
Between January 25 and march 10, 2021, ITMP has conducted the 7th ITMF Corona-Survey among ITMF members and affiliated companies and associations about the impact the Corona-pandemic has on the global textile value chain.
Aspire, believe & deliver: India - The future of global fashion
March 2021
In 2020 alone, Asia Pacific accounted for 51 per cent of the global textile market, making it the largest region. India is the second-largest manufacturer and exporter of textile and clothing in the world, with a 5 per cent share of global trade.
Raymond witnesses recovery in consumer demand
December 2020
Raymond announced its unaudited financial results for the quarter ended September 30, 2020. Progressive recovery witnessed on a month-on-month basis in 2QFY21.
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