By embracing BRSR and transparency, MSMEs can navigate the evolving business landscape, secure their long-term success and contribute to a more sustainable future, says Periasamy S., Advisor, AIC-NIFTTEA The textile industry, a cornerstone of the Indian economy, is undergoing a paradigm shift.
The domestic textile industry has welcomed the Union government’s recent decision of imposing a minimum import price of $3.5 per kg on the five HS lines of MMF knitted fabrics. The move followed unprecedented surge in imports of these categories of MMF knitted fabrics, creating a havoc-like scenario for the industry. The industry has been […]
Swimwear has evolved by embracing elements of athleisure, emphasizing inclusivity, prioritizing sustainability and pushing the boundaries of innovation, writes Henry Dsouza, Associate Editor of Textile Insights Swimwear fashion has witnessed a fascinating evolution over the decades, reflecting changes in societal norms, technological advancements and shifting preferences
In 2023, India’s textile machinery trade went through ups and downs. It was a year of change, with some parts of the segment growing, while others facing challenges. Despite this, the sector showed resilience and adaptability. Let’s take a closer look at what happened in India’s textile machinery trade last year, exploring how it coped […]
The concept of integrating transparent relationships with digital and physical traceability tools harbours broad potential. This approach could be tailored to support traceability across various other commodities, writes Alison Ward Global supply chains have reached unprecedented levels of complexity. Companies now face a growing imperative to achieve comprehensive
When the objective of negotiation is not a zero-sum game where one side triumphs at the other’s expense, it is a win-win negotiation. This is the insightful lesson learnt from friend’s experience, writes Murugan S. “Did you know that win-win negotiation is an art that contributes to sustainable business growth?” My friend, who operates his […]
Kenya & India: A Strategic Partnership by Avinash Mayekar, Suvin Expo LLP During my recent visit to Kenya for the ITME Africa & ME 2023 technology & engineering show, I gained valuable insights into Kenya as a developing textile hub. Through key interactions with the government, local bodies, and industry patrons of Kenya, I comprehended […]
Cotton production in India is a significant component of the country’s agricultural landscape and economy. In the 2022-23 cotton season, India witnessed a notable recovery in cotton production, with an overall increase of 10.38% compared to the previous year. This improvement marks a significant shift from the 11.72% drop observed in the 2021-22 season. Central […]
A recently released report states that the contribution of the Indian textile industry will almost double from the current 2.3 percent to 5 percent by 2020. The report titled ‘Decadal Outlook for Textile Industry’ was jointly prepared by the Confederation of Indian Industry and Primus Partners. The report further said that Gross Value Added (GVA) […]
Babywear apparel is an essential and ever-evolving segment of the global fashion industry. In 2022, the world witnessed a notable upswing in the exports of babywear apparels compared to the previous year, with a 2.27% increase in trade totaling an impressive US$ 11,265.96 million. This article delves into the key trends and insights shaping the […]