Despite having the world’s second-largest vertically integrated textile industry, India’s share in global apparel exports remains below 5%.
The reasons are well-known—high logistics costs, bureaucratic ...
The Clothing Manufacturers Association of India (CMAI) sees the recent US tariff changes as a major opportunity for India’sapparel sector. With higher tariffs imposed on key textile-exporting nations ...
28 January 2025, Mumbai
Fuelled by a rise in disposable incomes, increased number of wedding days and favorable monsoon seasons boosting demand, particularly in smaller cities, India's fashion and apparel ...
21 January 2025, Mumbai
Virtual fashion, AI-powered tools and circular fashion are set to drive further innovation in the apparel industry in India, says Akhil Jain, Executive Director, Jain Amar House ...
... Similarly, Jagdish Harwani of Little Bull Clothing Company highlighted promising trends in boys' ethnic and party wear.
Recognized as India’s premier bi-annual trade fair, NGF continues to set the stage ...
... players to collaborate, expand their reach, and contribute to the growth of India’s domestic retail market.
Acknowledged as the largest biannual trade fair in India’s apparel sector, NGF has consistently ...
... players to collaborate, expand their reach, and contribute to the growth of India’s domestic retail market.
Acknowledged as the largest biannual trade fair in India’s apparel sector, NGF has consistently ...
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 ...