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India doubles import duties on 328 textile items

Related Keywords: carpets and technical textiles, imported garments such as fabrics, Indian Textile, market access, raw materials, resources technology, skilled labourers, Textile exporter, textile items, textile manufacturing, textile products, textile sector

The government must take steps necessary to make the Indian textile sector competitive, besides being dedicated on the tariff front. Like China, India has all required resources technology, skilled labourers, raw materials. It lacks is the political will to rectify policy anomalies. Twisted labour laws do not favour the creation of massive textile manufacturing units that could compete with the Chinese facilities in the economy of scale.

Over 90% of the textile and clothing industry in the MSME sector causing delays and affecting the financial capability of the units

Related Keywords: 90 % of the textile, apparel, clothing exporters, Indian Textile, Textile and Clothing industry, textile segments

The industry had seen reduction in downside and ROSL by over 5 % of FOB since the pre-GST period. Also, Indian textile and clothing exporters did not have better access in countries markets such as the European Union which countries such as Bangladesh and Vietnam had. These had an impact on the exports. Though annual apparel exports are at 17 billion $ now, the industry is confident of 20 % growth this financial year if there a level-playing field.

Indian textile sector needs to revamp labour conditions

Related Keywords: Apparel Export Promotion Council, garment factories making apparel for global brands, India largest manufacturers of textiles and apparel, Indian Textile, International labour organisation, labour conditions, many of them employed by suppliers to Western retailers, on a wide check

Taking the example of Apple Inc., which tackled poor wages and working conditions at the factories of its partner Foxconn in China after criticism from consumers among others, the labour conditions in Indian textile is also now on a wide check.

The conditions of garment workers in South Asia have come under sharp scrutiny following the 2013 Rana Plaza disaster in Bangladesh, in which 1,135 workers were killed, many of them employed by suppliers to Western retailers. In India, legislation exists against bonded labour and child labour, but enforcement is weak.

Indian textile and clothing sector to witness slow growth in export

Related Keywords: clothing sector, declining competitiveness, Indian Textile, sluggish global demand, T&C sector exports, Union textiles minister Santosh Gangwar, Union textiles ministry data

India’s textile and clothing exports in the 10 month period of April 2014 to January 2015 witnessed growth of almost four percent to $34 billion as per the Union textiles ministry data. This means $41 billion for the year, growth of only 3.8 percent as against the rise of 12.4 percent to $39.3 billion in 2013-14.

Sluggish global demand and declining competitiveness is likely to see less of export in 2014-15 for the textile and clothing (T&C) sector. According to industry sources, it should be five percent.

Indian textile sector can easily add another USD 4-5bn to its exports with ease in FPS

Related Keywords: add USD 4-5 billion, china reducing export, Focus Product Scheme, global export share, home textile, huge scope, Indian Textile, Minister of State for Textile, S K Gangwar, Texprocil

Indian textile has a global exports share of just 3.5 percent that leaves huge scope for increasing it and the potential to export an additional USD 4-5 billion as China, which enjoys 35 per cent share, is slowly reducing its exports.

If the government eases tariff burden and raise overall concession under the Focus Product Scheme to 7 percent, the textile industry can easily add another USD 4-5 billion. The country's textile exports stood at USD 40 billion last year, stated Texprocil Chairman Manikam Ramaswami.

Rise in India’s textile and garment export in May accredited to apparel segment

Related Keywords: apparel shipment, apparel show, demand, fibre shipments, garment export, garment madeup, Indian Textile, textile products, US market, weak rupee

India’s overall textile and garment exports witnessed 20 percent in May, of which export of textile products grew at a much slower pace than that of garments. While apparel shipments gained 24.9% in May, textile exports grew by just 8.6% due to apparel segment’s outstanding performance at shows following a spur demand in the US market as well as a weak rupee.
 

Tech textile given the scope in emerging economies likely to reach a level of $32 bn

Related Keywords: apparel sector, emerging economies, global partnership, Indian market, Indian Textile, non-woven, PHD Chamber of Commerce, range of product, supply chain, Technical textile

India’s technical textiles market that is at present projected to touch $14 billion given the scope in emerging economies, by vertically integrating supply chain, diversifying range of products towards non-woven technical textiles and forging global partnership with counterparts, can contribute to the growth of the industry. It may reach a level of $32 billion by 2023.
 
This based on the study conducted by PHD Chamber of Commerce which further states that textiles and apparel industry size would balloon to $226 billion by 2023.
 

Creative minds in textile and fashion bring in interesting results

Related Keywords: Anavila Misra, fashion design, Indian fashion designer, Indian Textile, linen sari, Rahul Mishra, Textile, wool

Creative minds in textile and fashion design coming up with some interesting results like the Mumbai-based designer Anavila Misra turned stiff linen into fluid saris, while Rahul Mishra has turned the high fashion tables in Milan by creating wool so thin that it can be worn in summer even embellishing it with zardozi and tie-and-dye designs. Then, there is the Goa based British designer Alastair Blair who is fashioning tops and shirts out of the gossamer-light Chan deri, for FabIndia.

Need for Indian apparel manufacturers to create global brand as global fashion labels line up

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.

India textiles looking out for duty-free access into Germany, UK

Related Keywords: European Union, indian garment, Indian Textile, Textile Ministry

India’s largest market for textiles being European Union, India is on the lookout for duty-free access for its garments and some other textiles items into the European Union for which the Textiles Ministry is in talks with Germany and the UK. The negotiating is going on at a Government-to-Government level. Textiles Minister KS Rao said that they want the EU countries to give them the same dispensation as Pakistan and Bangladesh.

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