The Clothing Manufacturers Association of India (CMA) has thanked the Government, especially PMO, Commerce and Textiles Ministry for implementing this much-awaited Policy, which will bring level players for all domestic retailers.
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Dollar has been hardening, making Indian textile and clothing exporters happy. With negligible import content for the domestic industry, and the Government’s bid to curb cheaper import, good times are ahead, reveals the ITJ Cover Story.
Finance Minister Arun Jaitley in the Union Budget 2018-19 raised special package by 19 per cent to Rs 71.48 billion for apparel sector to boost exports. In 2016, the government had announced a special package of Rs 60 billion for the same purpose.
A Report on CMAI’s Apparel Index for the First Quarter (April-June FY 2017-18) shows a positive outlook for the next quarter with a growth at 2.77 points.
India’s technical textile market is estimated to reach Rs 1,16,217 crore by 2017-18, and the important feature at this year’s Techtextil India, to be held from September 13 to 15, 2017 at the Bombay Convention.
The International Apparel Federation, together with the Clothing Manufacturers Association of India, is hosting the 32nd IAF World Fashion Convention in Mumbai (India) on September 27-28, 2016. The theme for this Convention is ‘Insights into New Opportunities’. The Convention will be held at the Trident Nariman Point Hotel.
Rahul Mehta, President, The Clothing Manufacturers Association of India, has been elected as the New President of the International Apparel Federation (IAF) for 2014-2016 at the General Assembly of the IAF held on 29 September 2014 in Medellin, Colombia, during the 30th World Fashion Convention.