03 January 2025, Mumbai
India’s textile and apparel (T&A) exports, including handicrafts, grew by 7 per cent to $21.36 billion during the April-October period of FY 2024-25, compared to $20.01 billion ...
03 January 2025, Mumbai
India’sapparel sector is poised to capitalize on evolving global supply chains, stated Sudhir Sekhri, Chairman of AEPC. He emphasized the sector's potential to attract global ...
05 December 2024, Mumbai
Indian apparel industry is bracing for a potential turmoil as the Group of Ministers (GoM) proposes a significant hike in Goods and Services Tax (GST) on garments. While the ...
12 November 2024, Mumbai
Second quarter (Q2) of FY25 results of India's apparel retail sector was a mixed one, with clear trends like premiumization and value-market pushing growth amidst inflationary ...
The luxury apparel market in India has been on a significant upswing in recent years. As per a report by The Statesman, the market’s growth is being driven by the presence of both luxury stores such as ...
11 January 2024, Mumbai
The apparel category is expected to lead the growth in India’s value retail market, which is likely to surge to $170 billion by 2026 from $111 billion in FY23.
As per a report ...
... India’s sports apparel market is valued at $579.47 million in 2021projected to reach $2238.13 million by 2029, growing at a CAGR of 16.2 percent during the forecast period from 2022 to 2029.
Unlike ...
05 April 2022, Mumbai:
A report by leading data and analytics company GlobalData predicts that India’sapparel sales will return to 2019 levels during the current year to Rs 5.8 trillion ($75.2 billion) ...
... apparel, including handicrafts, in 2021-22, the report adds.
The report states, India’s textile exports mainly suffer from intra- and inter-regional differences in export infrastructure; weak trade support ...
02 February 2022, Mumbai:
Buoyed by strong orders and revival of global retail industry, India’sapparel export revenues surged 24 per cent in 2021 over 2020. Export evenues increased to $15.21 billion ...
... just the domestic but also global textile market. Renowned for their unique designs and intricate details, India’s textile exports are likely to grow around 25 per cent this year, as per a recent ICRA ...
India’sapparel imports declined by 24 per cent to $881.08 million during FY’21 AS compared to $1.14 billion in FY’20, shows data on the Ministry of Commerce and Industry portal.
The data confirms to ...
... stood at 4.26 lakh. The sector also clocked in 8 per cent increase in non-performing assets during the month while export credit dropped 25 per cent Y-o-Y.
MSMEs are India’s top borrowers
As of December ...
India has witnessed a 49 per cent decline in apparel sales in April compared to the same period of 2019, according to a survey by the Retailers Association of India (RAI).
In March, the nationwide sales ...
India’s textile and apparel exports have declined by 13 per cent in 2020-2021, according to the provisional data available with the Cotton Textiles Export Promotion Council shows.
The exports were worth ...
In its recent outlook for apparel retail, India Ratings and Research (Ind-Ra), said India’s organized apparel market is geared for a better business outlook in FY22 as improved consumer confidence, pickup ...
While the pandemic resulted in business upheaval across the textiles and apparels value chain in 2020, the industry is still confident about achieving much needed growth in 2021. As Indian Texpreneurs ...
According to Ministry of Commerce and Industry, India’sapparel imports have plunged 17.26 per cent on Y-o-Y basis to $ 92.81 million in October ’20.
India has experienced a sharp rise of 13.12 per cent ...
In India’s luxury segment premium consumer goods are being viewed not merely as symbols of status but as vehicles of wealth preservation and value creation. As affluent households regain spending confidence ...
India’s organized retail sector continues to deal with uneven demand, cautious discretionary spending, and mounting margin pressure. But within this broader slowdown, Trent has emerged as one of the few ...