Our strategy should be focused on conquering the larger pie of the textiles and apparel segment in the international market, writes Avinash Mayekar of Suvin Advisors.
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The Association of Ghana Apparel Manufacturers (AGAM), a business network and advocacy organisation for the Ghanaian apparel business, was launched in Accra recently and the launch was performed by the Trades Minister of Trade and Industry, John K Alan Kyerematen.
For the best working of a spinning mill, we have to keep everything ideal, based on industry norms, benchmarking with the best technical study by an independent research institute and our own achieved figures, feels SB Agarwal.
Products such as nylon stockings and denim jeans, brands such as Lycra® and companies such as DuPont are global landmarks in the US-American textile history.
I remember a presentation I made in China last June, where I proudly claimed that Indian textile industry would be well off even with less purchase of cotton and yarn by China. We all were buzz with optimism and were ranting the Indian consumption story.
A couple of doctors I met recently confessed that even the medical fraternity, except for a few sophisticated and high-tech hospitals, disregard hygiene norms and one doctor uses the same surgical gown used by another, throwing to the winds all the norms for infection control.
Global competition: Indian units have been facing competition from other countries like Taiwan, South Korea, China, Bangladesh, Pakistan, etc.