ndian textile industrys future is looking bright. In the last 8-month, there is a 17 per cent growth in apparel export. In textile fabric, the growth is 18 per cent. Last 3 years were bad for us, but 2013 started working well for the industry.
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Rudimentary requirement for any textile manufacturer-exporter, and who is a part of the international market must legalise the ownership of the hardware and software IT, cautions Prerna Sharma.
ndian textile industrys future is looking bright. In the last 8-month, there is a 17 per cent growth in apparel export. In textile fabric, the growth is 18 per cent. Last 3 years were bad for us, but 2013 started working well for the industry.
The apparel industry should aim at exports of $60 billion in the next three years as there are visible signs of revival in key markets of the US and Europe. ¨Signs of revival are visible in the US and EU.
During the international visit of Indian textile delegation led by the Union Minister of Textiles, Kavuru Sambasiva Rao to Japan, important MoUs were signed. An MoU between Apparel Training & Design Centre (ATDC)
The Indian Textile Industry counts among the leading textile industries in the world. Textile is one of the oldest, largest and significant industrial sectors in India. The Indian textile industry is in a stronger position now, than it was in the past few decades.
The golden era has already begun. India stands to gain a lot now because China is almost done. They are no longer a big name in the market. Our population is also growing and especially there are more & more young men & women under 30, which obviously will boost consumption of textiles in the coming decade.