India’s apparel exports registered a strong growth of 12.9% in December 2024 compared to the same month in 2023, despite global economic challenges and subdued demand from major markets. The cumulative exports for April–December 2024-25 reached US$ 11,316.2 million, reflecting a growth of 11.6%
India’s textile and apparel exports recorded remarkable growth in December 2024, with the Confederation of Indian Textile Industry (CITI) reporting a 12.76% increase in textile exports and a 12.89% rise in apparel exports compared to December 2023. The combined growth for the month stood at 12.82%, reflecting the sector’s resilience and strong performance. From
The Hon’ble Minister of Textiles, Giriraj Singh, met today with representatives from MODIFI to discuss advanced trade financing solutions aimed at empowering Indian textile exporters. The discussions focused on addressing the complexities of global trade while leveraging emerging opportunities amidst ongoing geopolitical and economic shifts. The MODIFI delegation, led by
As the world shifts toward sustainable and design-focused home solutions, the global home textiles industry is poised for transformation as advances in technology, coupled with increasing consumer awareness of eco-friendly products, are set to redefine the sector, writes Henry Dsouza, Associate Editor, Textile Insights The global home textiles industry, a key pillar of the
Pakistan’s textile exports for the fiscal year 2023-24 grew by a modest 0.93%, generating US$ 16.7 billion in revenue. In the first five months of FY25, exports reached US$ 7.60 billion, marking a 10.51% increase compared to the same period last year. However, the total exports for the first 11 months of 2024 amounted to […]
The Federation of Indian Export Organisations (FIEO) has outlined a strategic plan to enhance India’s exports to the United States, capitalizing on opportunities arising from potential tariff hikes on Chinese goods under the administration of US President-elect Donald Trump. Israr Ahmed, Vice President of FIEO, emphasized the need for financial support to enable
Vietnam’s garment exports are projected to reach US$ 44 billion in 2024, marking an 11% year-on-year growth and positioning the country to surpass Bangladesh as the world’s second-largest garment exporter, according to a Vietnamese media report. In comparison, Bangladesh has set a lower export target of US$ 40.48 billion for garments in FY 2024-25, representing
Vietnam’s garment-textile exports are projected to hit US$ 44 billion in 2024, marking an 11.26% increase from 2023, according to the Vietnam Textile and Apparel Association (VITAS). Imports are estimated at US$ 25 billion, up 14.79%, resulting in a trade surplus of US$ 19 billion, a 6.93% rise over the previous year. VITAS President Vu […]
The global nightwear industry is navigating a period of transformation, shaped by evolving consumer preferences and economic challenges. The emphasis on comfort and functionality is now complemented by a growing demand for sustainable and versatile options, writes Henry Dsouza, Associate Editor, Textile Insights Nightwear, including pyjamas, has transcended its traditional
India’s textile hub, Tiruppur, is witnessing a remarkable recovery as apparel export units operate near full capacity, driven by a surge in orders from the United States and United Kingdom. The region’s 5,000 export units are now running at 95% capacity, a sharp rise from 60-65% just months ago. This growth is fueled by evolving […]