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Islamabad Chamber of Small Traders (IST) has lauded the decision of the Pakistan Government to provide Rs15 billion to the textile sector under the PM’s package.

“In the next 10 years, home textile players will focus more on Indian markets rather than focus more on exports,” says Shrinidhi Nadgauda, Vice President, Sales & Marketing, InterMarket (India) Pvt Ltd, during the recently-concluded Textiles India 2017 event in Gandhinagar, while speaking on the home textiles market in India to Karthik Muthuveeran, Sr Sub Editor of the ITJ.

India is changing its colour from traditions to fashion and textile and apparel industry is the best observer to witness the same. We are growing and expanding to be precise we are developing beyond boundaries. From a country once considered only as a farmers land. India today has explored and is competing in each and every segment from textiles to electronics, our presence is dominant everywhere.

Alessandro Zucchi succeeds Raffaella Carabelli as President of ACIMIT. Alessandro Zucchi has succeeded Raffaella Carabelli following the members’ assembly of ACIMIT, which was held on June 27.

India’s textile exporters are finding their competitive edge getting blunt and profit margin thinner, thanks to a weak dollar, demonetisation after-effect and stiff competition from new textile nations. An Exclusive ITJ Report.