CMAI?s Apparel Index for the Second Quarter (July-Sept 2015) once again confirms that the industry has maintained its growth tempo with overall index value at 6.68 points. Giant and large brands have continued their growth story much like the previous quarters and stayed ahead of the curve. They have done better with higher sales turnover and lower inventory holding.
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Severe competition on global level and lack of initiatives and direction on the domestic front have made a dent in India´s textile exports with a dip in figures for FY 2014-15, diminishing the scope of achieving the cherished goals. S Joseph & M Karthik take an overall look at the scene.
The fabrics displayed by Birla Cellulose at National Garment Fair had a high tinge of innovation in line with consumer trends forecasted by international design consultants.
The CMAI?s Apparel Index for the third quarter, FY2014-15 from October to December 2014, with overall Apparel Index value up at 5.01, once again revealed the low sentiment among small brands, those with turnovers of Rs 10 to 25 crore.
The readymade garment industry is facing a huge payment defaults by bulk buyers with the prolonged economic slowdown affecting retail sales. The Clothing Manufacturers Association of India (CMAI) has expanded its arbitration committee to 15 members from four, so that it can provide representation to every sector of the industry.
Birla Cellulose, world leaders in manufacturing viscose fibres from the house of Aditya Birla Group launched its Spring Summer Collection & Trend Themes in fabric and garments for 2015
Birla Cellulose, world leaders in manufacturing viscose fibres from the house of Aditya Birla Group launched its Spring Summer Collection & Trend Themes in fabric and garments for 2015