Indian knitwear industry: A promising market of future

Indian knitwear industry: A promising market of future

Covid 19 pandemic has changed the dynamics of the global knitting industry with leading fashion brands scouting for new suppliers. Indian knitwear makers can take advantage of this situation provided they invest in right product and technology, says Rakesh Rao.

The growing popularity of comfort wear among the young Indian population in the recent years has prompted many textile companies to expand their knitwear range. Covid 19 pandemic has had tremendous impact on the clothing and apparels segment with many people being forced to work-from-home (WFH). As result people started preferring comfort over fashion; thus, further increasing demand for comfort wear (i.e knitted apparels). “Pandemic has changed the world of fashion with ‘casualisation’ trend driving knits demand,” observes Abhay Sidham, CEO, Batliboi Textile Machinery Group, which represents Mayer & Cie – a leading global player in circular knitting machines.

Concurring the same, Vinod Kumar Gupta, Managing Director, Dollar Industries Ltd, says, “As casualisation trends are picking up momentum, the knitwear industry has been constantly registering a significant upsurge. As per reports in 2018, the knitwear market is expected to grow at a promising rate of 9 percent over the next decade to reach Rs 161,700 crore. Key segments of knitwear industry are innerwear, T-shirts, winter wear, knitted bottom-wear, and sleepwear.”

CATEGORIES

TAGS
Share This

COMMENTS

Wordpress (9)
  • comment-avatar

    http://brittany-crepesandgalettes.com http://lamari.pl http://e-szczawnica.org http://hamam-project.org http://cream-browser.net http://skwlegal.com.pl Canadian Prime Minister Justin Trudeau instructed European lawmakers that the world is better off when the EU is robust, as anti-Brussels sentiment soars following the
    Brexit vote and Donald Trump’s victory. http://poochfest.org http://overcomeback.com.pl http://rain-shine-sweet.com http://piszemydlaciebie.pl http://pepsiohyesabhi.com http://fip.org.pl

  • comment-avatar

    I liked as much as you will receive carried out proper here. The sketch is attractive, your authored material stylish. nevertheless, you command get got an shakiness over that you would like be handing over the following. unwell surely come more before once more as exactly the same nearly a lot regularly inside case you shield this hike.

  • comment-avatar

    Thanks a lot for the helpful article. It is also my opinion that mesothelioma cancer has an particularly long latency phase, which means that symptoms of the disease may not emerge until eventually 30 to 50 years after the initial exposure to mesothelioma. Pleural mesothelioma, that is the most common variety and has effects on the area around the lungs, could cause shortness of breath, torso pains, as well as a persistent cough, which may bring on coughing up body.

  • comment-avatar

    Average annual financial savings for drivers who change
    to Progressive and save.

  • comment-avatar
  • comment-avatar

    Great work! This is the type of info that should be shared around the net. Shame on the search engines for not positioning this post higher! Come on over and visit my web site . Thanks =)

  • comment-avatar

    I must thank you for the efforts you have put in penning this site. I’m hoping to view the same high-grade content from you in the future as well. In fact, your creative writing abilities has encouraged me to get my own, personal website now 😉

  • comment-avatar

    Thanks for this glorious article. Yet another thing to mention is that almost all digital cameras come equipped with the zoom lens that permits more or less of any scene to generally be included by ‘zooming’ in and out. All these changes in {focus|focusing|concentration|target|the a**** length tend to be reflected inside the viewfinder and on big display screen at the back of the particular camera.

  • comment-avatar

    The rate at which patents have been issued has steadily risen from 15 in 2002 to forty four
    in 2006.

  • Disqus ( )