The festive season in Western markets failed to stop the downtrend in textile exports in November 2023. Readymade garments (RMG) experienced a 15 per cent decline…
Browsing: Indian textiles
Decades ago, when Poly Viscose Suits was a concept unheard of, BSL pioneered the segment and transformed the industry. Today, BSL is a multi-million-dollar company, leading…
Indian textiles and clothing industry has been facing several challenges especially on raw material front and could not achieve the envisaged potential growth rate both in the international and domestic markets.
Indian textiles and clothing industry has been facing several challenges especially on raw material front and could not achieve the envisaged potential growth rate both in the international and domestic markets.
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.
With the focus on green manufacturing gaining momentum, textile industry has major part to contribute towards sustainable ecosystem.
The Indian home textile market is still at up-and-coming stage. The unorganised sector is dominating the market; there are vast opportunities for organised players for growth and development.