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Apparel, home textile and technical textiles likely to double their market size by 2023

Related Keywords: apparel, driving growth for apparel brands, expected to double, Fashion and lifestyle market, high disposable incomes, home textiles, increasing corporatization of retails, latest report, market size, technical textile segment, Technopak Advisors

India's apparels, home textiles and technical textiles segments are expected to double their market size. According to the latest report by Technopak Advisors, India's leading management consulting firm, textile and apparel exports too are expected to grow from $40 billion to $95 billion by 2023 – taking the total size of the industry to $233 billion from $98 billion.

Apparel sector skill council to sign MoUs with two Canadian institutions

Related Keywords: apparel, Home furnishing sector, improve quality, in apparel sector, Indian textile industry, Made-ups and Home furnishing Sector Skill Council, seek expertise, sign MoUs, upgrade skill of workers, value addition of the products, with two Canadian institutions

Apparel, Made-ups and Home furnishing Sector Skill Council (AHHSSC) with the aim to seek expertise and upgrade the skill of workers in apparel sector in the country is planning to sign Memorandum of Understandings (MoUs) with two Canadian institutions.

The Council aim is to create a huge skills repository in the apparels and home furnishing sector and thereby, improve quality as well as value-addition of the products.

Flipkart aims to ramp up item categories seller base in Bengal

Related Keywords: apparel, artifacts, clothing, ecommerce market place, educate and empower sellers, Flipkart, handicraft products, handloom, home decor, west Bengal region

Flipkart, an e-commerce market place is aiming to ramp up the number of categories of items for sale and connect with more vendors from different parts of the country. The company has set a target to have one lakh sellers hawking their products on its portal.

This year, handloom, home and local artifacts will emerge as prominent categories. They are confident that they will see more sellers from these categories to join them and reach out to a wider range of customers nationally, Flipkart Senior Vice president (market place) Ankit Nagori said.

Government to bring changes in EPC norms to boost country’s exports

Related Keywords: apparel, buyer-seller meet, Carpet and Handloom council, councils function, election procedure, enhance outbound shipments, foreign country visits, handicraft, provided substantial funds, review for export promotion council, review on quarterly basis, Textile Ministry

Based on the review conducted by the Textiles Ministry in December 2014 on the functioning of export promotion councils. The government discontented with the way the councils functions has taken decision to bring changes in the norms for better working of councils, which are provided with substantial funds to promote exports.

India’s traditional exports to be significantly affected with the depreciation of Euro

Related Keywords: affect export, apparel, depreciation of Euro, economic uncertainties in Europe, Euro zone, Exports and traditional sectors, FIEO, India, M Rafeeque Ahmed, machinery, President of FIEO, Textile

Euro Zone accounts for about 18.5 percent of India’s exports and traditional sectors. The sharp and deep depreciation of the Euro would affect India’s exports to Euro Zone significantly According to Federation of Indian Export Organizations (FIEO).

Sectors of exports that are heavily concentrated in the Euro Zone are apparel (USD 6.4 billion), other textiles (USD 5.6 billion), leather and leather products (USD 3.2 billion), gems and jewellery (USD 4.0 billion) and machinery (USD 5.5 billion).

Tex Trend 2015 largest textile show of Asia was declared open on Wednesday

Related Keywords: apparel, boost manufacturing, exhibitors across India, home furnishing, largest textile show in Asia, Make in India, Minister of State for Textile, rayon, Santosh Kumar Gangwar, silk, synthetic, Tex Trend 2015, Threads and Fabrics, yarns

The 5th edition of Tex-Trends India 2015 was declared open with the inauguration by Minister of State for Textile, Santosh Kumar Gangwar at Pragati Maidan (ITPO), in New Delhi on Wednesday. This event has exhibitors from across the length and breadth of India, including Tamil Nadu, Maharashtra, Bengal, Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh and Punjab.

The show will also have theme area made by TEXPROCIL, NJB, EPCH, SETEPC, DISHA, CEPC to showcase uniqueness and strengths of the India's Textiles Industry.

The 12th international textile conference begins today in Nagpur

Related Keywords: apparel, begin in Nagpur, cotton farming, delegation from Bangladesh and China, end-use industry, focus on cotton, International textile conference, organized by, progressive cotton growers, Textile, Textile Association of India

The 12th international textile conference organized by Textile Association of India (TAI) kicked off today in Nagpur. The event will be held for two days, January 17 and 18. The meeting will have 50 speakers, including delegates from Bangladesh and China. Representatives of almost 200 companies in this sector will take part in the event, said a TAI official.

Apparel sector skill council has been affiliated with ATDC

Related Keywords: AEPC, affiliated with ATDC, apparel, apparel training and design centre, Apparel value chain, home furnishing, Made ups, Ministry of Textiles, NSDC, skill council

Apparel, Made-Ups & Home Furnishing Sector Skill Council has got affiliated with the biggest institute of Apparel Trainings i.e. the Apparel Training and Design Centre, which has more than 170 centers across India and churns out more than 50000 students a year.

The mandate given to the Council includes creation of National Occupational Standards, Affiliating Training Providers in Apparel Trainings and assessing and certifying the trainees of such Institutes/Training Providers.

Industrialists to get several concessions under the new mega textile park policy 2014

Related Keywords: apparel, business of textile, government selected textile parks, land allocation, national and international level, New mega Textile park policy 2014, rebate on mandi tax, SIDCUL, state capital subsidy

The new mega Textile Park Policy 2014 has been framed keeping in mind the changes going both at the national and international level in the textile industry. The industrialists in the government selected textile parks, which are already into the business of textiles and apparel in the state are offered several concessions under this policy.

Brooklyn to become a new fashion epicenter in America

Related Keywords: apparel, Garment Manufacturing, Manufacturing Innovation Hub, new fashion epicenter, Textiles & Wearable Tech, Textiles Manufacturing

The upcoming launch of the Manufacturing Innovation Hub for Apparel, Textiles & Wearable Tech in Brooklyn will make the region a new fashion epicenter in America.

The space aims to support up-and-coming designers, encourage local manufacturing, and create jobs in the fashion industry, which currently makes up almost 6 percent of the city's workforce. It will be home to 20 to 30 businesses and up to 50 designers, and is expected to create around 300 jobs.

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