Search Results: apparel exports (1171)

Indian apparel and textile manufacturing has reached new heights in the last few years and Indian exports are welcomed all over the world for their quality and value added features.

Dr Anita Desai reviews the cluster concept, from its inception to the main contemporary regional science with focus on the tangible elements of sari weaving clusters irrespective of the popularity. The Indian textile industry is as old as the word textile itself. It works on an independent basis starting from the procurement of raw material to the final production of actual textiles.

NITRA’s 13th Convocation Ceremony was held on September 23, 16 at NITRA, Ghaziabad. Sanjay Jain, newly elected Chairman NITRA and MD, TT Ltd, RK Jain, Immediate Past Chairman NITRA and CMD, Pasupati Spinning & Weaving Mills, RL Nolkha, CMD, Nitin Spinners Ltd and Past Chairman NITRA along with other eminent industrialists were also present on the occasion in addition to Director General NITRA Dr Arindam Basu, Officiating Director NITRA Abhijit Pal and other faculty members.

Global textile machinery market is witnessing tremendous growth buoyed by growing demand of textile and apparel market. It is forecasted to grow at a CAGR of 14.02 per cent till 2018. It is expected to reach to $207.5 billion in 2015. The major manufacturers of textile machinery are Germany, Italy, Switzerland, France and now China. China is leading in the field of textile exports today because they installed a large set-up for spinning and weaving industry. One of the major trends in the global textile machinery market is the growing number of technological innovations.

The Chinese are investing in Vietnam’s textile and garment industry before TPP comes into play. The garment industry is the strongest magnet for Chinese investors, while textile and dyeing also lure Chinese investment but at a lower level. Vietnamese apparel products would enjoy a zero tariff in the US after Vietnam signs the Trans-Pacific Partnership (TPP) agreement. Vietnam is working on a plan to help local manufacturers improve competitiveness when the TPP takes effect.

The predominantly cotton based Indian textile industry has been facing acute crisis during the last eight years due to high volatility in cotton prices especially during off season starting from May to September.

Italy’s womenswear turnover is growing despite global uncertainty. The numbers confirm it: companies in the sector (including apparel and outerwear, shirts and leather goods) ended 2015 with revenue of €12.8 billion, up 2.5 per cent versus the softer 1.4 per cent growth registered by menswear.