Indian apparel retail landscape is rapidly evolving from the traditional brick-and-mortar model to multi-channel retailing that includes e-tailing, direct selling and home shopping. Technopak Advisors estimates to be about $41 billion in 2013.
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Not too long ago, Indian apparel makers were reluctant to enter the womans western-wear segment, given that ethnic wear was seen as a predominant category. However, with sales of ethnic wear, petering out considerably, players are reworking their marketing strategies with a slew of party and occasion-based western wear.
On May 2, Indias Shri Govindaraja (SGT) Textiles announced its intention to invest $40 million in a new textile operation in Rockingham County, North Carolina, creating 84 jobs over the next two years. A part of the largest spinning group in India, SGT already operates 14 manufacturing units across two states in Southern India, boasting an installed capacity of 400,000 spindles.
Woven-like nonwoven hydroentangled apparel fabrics are a reality. However, it will take time to penetrate into apparel sector.
Although nanofibre research and development have progressed tremendously in the past two decades, commercial products that appeal to consumers are a decade away.In his speech this week at the 2014 TAPPI Conference in Nashville, tracing his journey from a chemist to a successful entrepreneur, Dr. Jayesh Doshi of eSpin Technologies.
Eleven Indian companies have closed business deals worth $1.85 with their Peruvian counterparts. The deal took place at the 1st Business Roundtable and Exhibition of Indias Garment Industry.
A cotton mechanisation programme would be introduced in Punjab following the state governments approval for the programme aimed at cultivating high density cotton at a bigger scale. Under the ambitious programme, John Deere would sow the cotton crop with the pneumatic planters in about 1,500 acres of field in Muktsar districts Malout.