The vision to develop a policy for channelling the growth across all parts & parcels of textiles & apparels is the need of the hour. I am sure Mr Piyush Ji with your strategic approach & global vision we will see the industry soar higher & higher, says Avinash Mayekar, MD & CEO, Suvin Advisors
Browsing: apparels
As per the report by SIDBI-CRIF, the Indian textiles and apparels industry has availed credit of Rs 1620 billion as of December 2020. As on this date, the active loans stood at 426 thousand.
Myanmar’s political instability, lockdown in Cambodia and a the COVID-19 situation in India has prompted international retailers and brands to divert work orders to Bangladesh. Export earnings hit $3.13 billion in April.
US-based retailer Target Corporation completed a vendor re-empanelment process with Welspun Global Brands Ltd., Welspun India’s subsidiary, recently.
Bella Casa – one of the country’s leading manufacturers and distributors of ethnic wear and home textiles – has set up a Greenfield manufacturing facility in Jaipur with a production capacity of 2.4 million units a year.
Our history is a guiding force that we can achieve the target of making India a global hub for textiles and apparels. Our recent accomplishment of venturing into medical textile as a new entrant and dominating the segment gives us the confidence to become world leaders.
The men’s inner wear is currently worth Rs 9477 crore as per 2017 estimates, and is expected to grow at a CAGR of 7 per cent in the next decade to reach Rs 17454 crore by 2027