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Related Keywords: apparel industry, attract investors, creating favourable conditions, FDI, Germany-based Tchibo, labour unrest, Major brands from Ethiopia and Kenya, rising wages, Sweden-based H&M, UK-based George at Asda, USA-based Phillips-Van Heusen, various countries in South Asia

Major brands are beginning to source from Ethiopia and Kenya due to rising wages in China, labour unrest and violence in Cambodia, and ineffective compliance with rules and regulations in various countries in South Asia – leading to fires and, in particular, the collapse of the Rana Plaza building in Bangladesh. Also, the governments in Ethiopia and Kenya are creating favourable conditions in order to attract investors, according to a new report from the global business information company Textiles Intelligence.

Related Keywords: apparel industry, commissioned fourth line, Grasim Industries, home textiles and technical textiles to grow swiftly, largest consumer of synthetic yarns and fiber, of its greenfield VSF plant, Vilayut Gujarat, VSF capacity enhanced, VSF demand growing leaps and bounds

Grasim Industries commissioned its fourth line and completed the last phase of its greenfield viscose staple fibre (VSF) plant at Vilayat in Gujarat on March 3 as demand for VSF has been growing by leaps and bounds in India. With this, the company’s VSF capacity at Vilayat is enhanced to 120,000 tonnes per annum, while its overall VSF capacity stands enhanced at 498,000 tonnes per annum.

The healthy growth is expected to continue this year too. Demand in all user segments like apparel, home textiles and technical textiles has been growing swiftly.

Related Keywords: AEPC, apparel industry, CMAI, Indian apparel export

India witnessed growth in its apparel exports in May to $1.49 billion a rise by 24.96 percent, despite sluggish shipment to established partners in countries like U.S. and Europe. The growth in apparel exports is mainly attributed to the strong demand from non-traditional markets like Latin America, East and West Asia and Southern Africa.

Related Keywords: apparel industry, Arvind, cotton producer, global brand, Indian Textile, Raymonds, textile manufacturer, Vardhman

Indian textile and apparel industry is known across the globe as it happens to be among the biggest cotton producer in the world, is one of the largest textile manufacturer with companies like Arvind, Vardhman, Raymonds, Bombay Rayon producing and supplying world class fabrics to most major global brands such as Diesel, H&M, Zara, M&S among others. It also has some of the biggest garment manufacturers such as Shahi, Eastman, Pratibha supplying to top global brands. But despite this, garment manufacturers fail to create a global brand.

Related Keywords: apparel industry, Free trade agreement, Textile

South Korea and Canada are all set to augment their exports by joining hands under the Free Trade Agreement (FTA).The fresh new joint declaration is all set to boost the attire and footwear trade of both the nations.

According to Canada’s Department of Foreign Affairs, Trade and Development it is the country’s first agreement with an Asian nation .They expect the pact to boost Canadian exports by 32%, adding C$1.7bn to the domestic economy. This will help the Canadian firms to participate in the business chase with chiefly South Korea, the US and the EU.

Related Keywords: apparel industry, Bangladeshi apparel exporter, yarn industry

The Bangladesh local garment exporters might face tough competition from India, after signing of the proposed Free Trade Agreement (FTA) between India and the European Union (EU) as India is negotiating with the EU, to get duty-free access to the market for apparel products. To face the emerging challenges, Bangladesh need to enhance its production capacity of yarn and fabric which will help local apparel exporters, industry insiders said.