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Related Keywords: biggest intimate apparel trade fair, Galleria Intima 2015, Goods and Services Tax, Intimate Apparel Association of India, intimate wear manufacturing, next major hub of intimate wear manufacturing, organized by IAAi, showcased fibres to laces, to hooks and packaging, Union textiles minister Santosh Gangwar

Galleria Intima 2015, India’s biggest intimate apparel trade fair is being organized by Intimate Apparel Association of India (IAAI) with focus on intimate wear manufacturing in India. The objective of the entire exhibition is to focus on the strengths of the Indian industry that can be leveraged to position India as a leading manufacturing destination for intimate wear. The exhibition was inaugurated by Santosh Kumar Gangwar, Minister of State for Textiles (Independent Charge) yesterday.

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.