Modi interacted with participants and sets a three-fold increase in target for textile and apparel sector by 2030. Prime Minister Narendra Modi and Giriraj Singh, Minister…
Browsing: domestic apparel industry
Q2 is the first quarter post-GST. And much like other sectors, apparel brands and retailers too were busy putting GST processes in place and sales suffered a big blow. July was the first month when the industry emerged after clearing pre-GST inventories.
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.
After a slowdown in Q3 post-demonetisation business the Clothing Manufacturers Association of India’s (CMAI) Q4 Apparel lndex (January-March FY2016-17) reveals that the apparel industry is slowly and surely making a recovery. The Q4 Index shows growth has improved mildly with overall index value moving up to 2.25, compared to 1.4 points in Q3.