Apparel exports to US witness 65pc growth Ukraine war-induced inflation may cut demands in the coming months, say insiders

Apparel exports to US witness 65pc growth Ukraine war-induced inflation may cut demands in the coming months, say insiders

June 14, 2022

Ukraine war-induced inflation may cut demands in the coming months, say insiders FE REPORT | Published:  June 12, 2022 09:54:23 | Updated:  June 13, 2022 19:17:56 The country's apparel exports to the US maintained a robust growth in terms of both value and...Read More

'Craft&Fashion' introduces new range of Boho Western clothes inspired by vintage collections

'Craft&Fashion' introduces new range of Boho Western clothes inspired by vintage collections

June 14, 2022

ANI | Updated: Jun 11, 2022 15:40 IST New Delhi [India], June 11 (ANI/SRV): 'Craft&Fashion' by 'Megh Craft', a renowned fashion and accessories brand based out of Ahmedabad, Gujarat, will be launching a new line of products to its clothing collection. The range, inspired by...Read More

Delhi: Gandhi Nagar garment hub at heart of state’s major market revamp plan

Delhi: Gandhi Nagar garment hub at heart of state’s major market revamp plan

June 13, 2022

The Delhi government plans to redevelop the Gandhi Nagar market, one of Asia’s largest readymade garment and textile markets located in east Delhi in trans-Yamuna area, as “Grand Garment Hub”, officials said on Friday, adding that the work will take place in two phases ByAlok...Read More

Sri Lanka’s fuel and dollar shortage dents lucrative garment exports industry

Sri Lanka’s fuel and dollar shortage dents lucrative garment exports industry

June 13, 2022

By MAHADIYA HAMZA, Friday June 10, 2022 4:13 pm ECONOMYNEXT – Despite a full-order book at the moment, Sri Lanka’s apparel exporters feel their customers shifting their orders to de-risk from Sri Lanka’s ongoing crisis. The five billion dollars industry, a top...Read More

India’s apparel export increases by 22.08% in Apr-May 2022

India’s apparel export increases by 22.08% in Apr-May 2022

June 11, 2022

By Fibre2Fashion, PUBLISHED Jun 3, 2022. Readymade garment (RMG) exports from India registered an impressive growth of 22.08 per cent year-on-year and registered $2935.73 million in the first two months of current fiscal 2022-23. The export was $2404.67 million in April-May 2021. The export of...Read More

RBI increases repo rate; apparel industry urges for ECLGS 5.0

RBI increases repo rate; apparel industry urges for ECLGS 5.0

June 11, 2022

by Apparel Resources News-Desk 08-June-2022  |  1 min read Reserve Bank of India (RBI) has increased the policy repo rates by 50 basis point from 4.50 per cent to 4.90  per cent today with immediate effect. Though the RBI has taken the decision mainly to ensure the inflation...Read More

Puma leads in sustainable brands

Puma leads in sustainable brands

June 11, 2022

6th June 2022, Innovation in Textiles Herzogenaurach, Germany | Sports/​Outdoor, Sustainable Puma is the most sustainable brand in the fashion business according to the latest ranking of the 30 largest companies in the sector by Business of Fashion. The publication noted that...Read More

India lifts anti-dumping duty on import of textile chemical

India lifts anti-dumping duty on import of textile chemical

June 10, 2022

By Refayet Ullah Mirdha | Wed Jun 8, 2022 11:16 PM Last update on: Wed Jun 8, 2022 11:25 PM India has withdrawn its anti-dumping duty on the import of hydrogen peroxide, a chemical used in dyeing and washing plants in the textile industry, from Bangladesh. New Delhi published...Read More

What did textile industry get?

What did textile industry get?

June 10, 2022

HIGHLIGHTS As most of the international level developments are in India’s favour, next couple of years are highly important for textile industry By BizzBuzz 6 June 2022 11:21 PM IST The positive export result, good growth of many companies, and IPO by various textile and garment, and...Read More

Cotton Prices Started Softening Of Late, Govt To Formulate PLI 2.0 For Textiles: Secretary

Cotton Prices Started Softening Of Late, Govt To Formulate PLI 2.0 For Textiles: Secretary

June 09, 2022

About 5-7 lakh bales of summer cotton is expected to come in which will help in softening prices further, says Textiles Secretary Upendra Prasad Singh June 06, 2022, 12:42 IST Cotton prices have been higher for quite a while now and the government is in the process of formulating PLI 2.0...Read More

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