Jharkhand looking out for investors in the textile, apparel and footwear sectors as these have good growth potential. These sectors are the second largest employers in Jharkhand after agriculture.
Browsing: apparel
Thanks to the demonetisation, the Indian textile and apparel industry has lost 30-40 per cent of business. Apparel sale in domestic markets had stopped in the initial days and recovered gradually. Consumers continue to face liquidity tightness, resulting in deferring of purchase.
The Ministry of Textiles has proposed two new schemes – New Powerloom Credit Yojana and Solar Energy Scheme –for the powerloom sector.
During the first nine months of the current year, Indian apparel exports have declined by (-) 0.08 per cent to $2,876.59 million as compared to $2,878.79 million in the corresponding period last year. I
Globalisation still dominates apparel production and it is highly unlikely that reshoring or backshoring will bring back many jobs that were lost via offshoring, says the International Apparel Federation IAF President, Han Bekke.
As the calendar shifts into the final quarter of 2016, our thoughts shift into visions of festivities, celebrations, and family.
To grab the market share vacated by Chinese apparel manufacturers, India’s Clothing Manufacturers’ Association of India (CMAI) has signed a memorandum of understanding with China Chamber of Commerce for Import and Export of Textiles (CCCT) to explore potential areas of mutual co-operation for increasing apparel exports from India.