First the official factsheet on Indian Textiles (Source: Textiles India 2017 to be held in June in Gandhinagar). Fibre: 2nd largest fibre producer in the world (9 mn tonnes of fibre production in 2015-16); 2nd largest producing in silk and MMF; One of the major producers of wool. Yarn: 2nd largest installed spindle and rotor capacity in the world with more than 52 mn spindles and approx. 8,70,000 routers; Spun yarn production approx. 5700 mn kg in 2015-16; Filament year production approx. 1200 mn kg in 2015-16. Fabric: Biggest installed weaving capacity in the world with more than 4.9 mn looms including 2.4 mn handlooms; Fabric production approx. 66 bn sq. meters in 2015-16; Diverse fabric mix with focus on cotton based products. Apparel: Garment production for exports estimated at 3400 mn pieces annually and for domestic market at 5600 mn pieces annually; 12.9 mn workers employed out of which 70% are women. Continue reading “Indian Exporters Must Seriously Explore Japan”
If the global events of the first three months of 2017 are any indication of the kind of future to be expected then it is hard to dismiss the reality that we’ve entered a new era. The new geopolitical instability and uncertain economic landscape are very scary. The uncertainty has always been an integral feature of the world we live in. After all, it is our own creation. However, the stakes were never so high if one looks in terms of the reverse globalization. Every nation wants to be safe, independent, prosperous and be respected by others but sadly, does very little to appreciate that others also have these very same wish list. Continue reading “World Trade in an Uncertain World”
The race for development, among nations, using globalization as a major tool is slowing down thanks to the recent signs of the revolt against globalization. Ironically, this revolt is being seen in countries that initiated, propagated and, to some extent, monopolized the rules of globalization. It is no secret that despite many advantages of globalization in terms of growth in opportunities and skill development, the fact remains that largely, there has been a jobless growth in most countries. Also, the gap between the rich and the poor has widened to an unimaginable extent creating widespread unrest among those disadvantaged populations everywhere that feel being left out or not being looked after well by their respective governments. Continue reading India’s Job Creation & Race for Development in Asia
China’s colossal growth of textile and clothing industry has contributed to the rampant pollution prevailing today. The wastewater emissions from dyeing and printing in China are estimated about 3 × 106 to 4 × 106 m3 per day, i.e. 3 – 5 tons wastewater a day from dyeing 100 m fabric. The wastewater is characterized by intense color, high pollutant concentrations and poor biological degradability. It contains large amounts of harmful substances like formaldehyde and chemical auxiliaries that could cause headache, skin allergies and other health hazards. Some aromatic amines, heavy metals and preservatives are found to be “possibly carcinogenic” to humans, and they can destroy the equilibrium of ecosystem and also the aquatic life. The exhaust gases lead to serious harm to the atmospheric environment. Continue reading China’s Anti-Pollution Law has Fast & Furious Actions & Targets
The fashion world is redefining what it means to be really fashionable these days. Fashion experts have discovered a new medium, termed ‘sustainability’, to express their ideas with respect to the apparel designing, usages plus their recycling and reuse. The redefined fashion is supposed to be such that the garment, which is at their centre stage, must be given the respect it deserves, by producers and retailers, and also by consumers. That means any garment that, if worn, gives some positive message and expresses our support for sustainable consumption behaviour. Continue reading Fashion Designers Playing Key Role in Sustainability Awareness
The theory of trickle-down economics, as propagated worldwide by economists of repute everywhere, has not worked the way it was supposed to have worked in theory. According to this theory, benefits given to the wealthy, and also the wealth created by them, trickle down to everyone else. The governments all over the world tend to provide such benefits in the form of tax cuts on businesses, high-income earners, capital gains, and dividends. Even subsidies of various kinds are also negotiated by governments to attract investments from outside to enhance the industrial activity and to boost industrialization and modernization in various priority sectors. Continue reading Globalization is Irreversible. ….And it is Dying!
Prime Minister Narendra Modi, in his Address to the nation on November 8, made a surprise announcement that the currency notes of Rs 500 and Rs 1,000 would not be legal tenders from the midnight of November 9. In a single stroke of his major policy decision, he cancelled 86% of country’s all banknotes, equivalent to $207 billion, the results of which are slowly emerging as people rush to manage their cash. For general public the announcement was a big surprise but those connected with the banking circle and having a watch on monetary policy reports of various banks, there was hardly any reason to get any shock. The State Bank of India in it’s report of March 2016 had talked about the rumors in their circles that these notes might be withdrawn. This was precisely the reason the SBI research team attributed to the unprecedented amount of cash with public in these denominations that, according to them, was not contributing to industrial output or in any positive way to the economy. It was, perhaps, lying idle except, the trend they observed, there was steep rise in the bullion market. However, later we saw increase in the bank deposits, diversion of money in the greenback, real estate and in other routes. Continue reading India’s Currency Demonitization : B&W Or Technicolor?
There is a growing need for the industry to design special testing programs to create awareness of how to properly choose a test method, interpret the results, and use the results in product marketing. It is important for you to know how your textile product will perform for your end users irrespective of where you are in the supply chain. It is necessary that you understand the basics of textile testing so that you can better inform your customers and promote your product. For example, what textile test methods apply to your product, what are the performance specifications that define your product and the difference between standard and non-standard testing.
On August 19, 2016, a sort of earthquake hit India’s largest home textile exporter to the US for the last many years. The intensity of the quake was so high that it has badly shaken the country’s textile industry. Though it will take some time to estimate it’s total impact, the loss is feared to be considerably high as the tremors of the quake were felt, and taken note of, globally.
Yes, we are talking about Welspun India Ltd., a US$3 bn Welspun Group company – one of the top 3 home textile producers in the world. The company has a 20% market share in the US in towels and 11% in bed linen. About 95% of the company’s production is exported and nearly two-thirds of Welspun’s business actually comes from the US. Continue reading High-intensity Tremor Shakes India’s Textile Industry
The global apparel sales for 2016 are likely to exceed $1.4tn with the U.S. accounting for more than $300bn. There is a strong feeling that China’s dominant position – as the largest apparel exporter for the last 10 years – will change in coming years. The South Asian region has a huge and competitive apparel production business accounting for 12% of total global apparel exports. Countries like Bangladesh and Vietnam have mass production, aggressive exports and low production costs. They are doing exceedingly well in the global export market. In fact, they have stolen a march on India in recent years. India would have to boost trade through preferential agreements with key markets to secure greater market share to catch up with them.
In this section we provide profiles of Indian Apparel Exporters for the benefit of who are interested in sourcing from India.
This list is for general information only and we have absolutely no role to play (or have anything to do with) the negotiations or actual transactions carried out based on this information. We take absolutely no responsibility of any kind.