Industry

Domestic T&A Sector Set To Reverse Trend Amidst Gradual Demand Revival

Textile Insights May 10, 2024

It seems the worst is over for the domestic textile and apparel (T&A) sector, if one goes by the exports data of the first two months of the current calendar year of 2024. Even as the overall exports declined by 1 per cent to $34.4 billion and the apparel exports from the country dipped by

Policies

FTA With UK Alone May Not Lead To Big Surge In India’s T&A Exports

Textile Insights December 12, 2023

Even as India and the UK are close to concluding talks on a Free Trade Agreement (FTA), experts and observers in the textiles and apparel sector are of the view that the agreement may not fetch the desired results unless the industry gears up to manufacture right kind of product mix at competitive pricing. Currently, […]

Export

Uttar Pradesh Aims To Double Silk Production To Boost Textile Exports

Textile Insights August 30, 2023

The Uttar Pradesh government is formulating a strategy to amplify silk production to over 700 tonnes, with the goal of invigorating textile manufacturing and boosting premium apparel exports from the state. The proposed plan includes the establishment of silk clusters and research institutions to encourage silk production, thereby enhancing rural incomes, particularly

Export

Non Tariff Barriers Potent Tool To Disrupt Indian Garment Exports

Textile Insights August 12, 2023

At a webinar organised by Apparel Export Promotion Council (AEPC), it was highlighted that 69 percent of textiles related Non Tariff Barrier (NTB) notifications issued since 2019, relate to the garment industry alone. AEPC in collaboration with Sarvada Legal organised the webinar on ‘Emerging non-tariff barriers in the apparel export sector’, with the aim to […]

Export

Global Garment Trade Rises 7.26% In 2022

Textile Insights August 5, 2023

According to the World Trade Organisation (WTO), global garment trade rose 7.26 percent in 2022 and amounted to US $576 billion as against $537 billion in 2021. China is the largest supplier of apparel in the world while Bangladesh retains second spot and its market share climbed to 7.87 percent in 2022 as against 6.37 […]

Export

Vietnamese Garment Exports Decline 17.6% In H1

Textile Insights July 26, 2023

Vietnamese garment exports declined 17.6 percent from a year ago period to US $18.6 billion in the first six months of 2023, mainly due to the global slowdown. According to the Vietnam Textile and Apparel Association (VITAS), the country had set an ambitious target of $40 billion for 2023. The average monthly wage for workers […]

Export

Bangla Garment Exports Record New Milestone

Textile Insights July 12, 2023

In fiscal year ending June 2023, Bangladeshi garment exports rose 10.27 percent year and year to US $47 billion and in the process registered a new milestone in garment exports. In the fiscal under review overall Bangladesh exports totaled $55 billion. which was again the highest-ever export earning in the history of Bangladesh. This brought […]

Export

Cambodian Garment Exports Drop 16.28% In May

Textile Insights July 3, 2023

Cambodian garment exports fell to US $644.51 million in May 2023, a drop of 16.28 percent against $769.51 million in the same month of 2022. Among overall garment exports, overseas shipments of woven apparel and accessories in May 2023 witnessed a year on year decline of 12 percent to $183.83 million. While, exports of knitted […]

Trade & Market

Cambodia’s Apparel Exports To South Korea Grew 14% More In 2022

Textile Insights May 2, 2023

Cambodia’s apparel exports increased to 14.37% to US$ 191.37 million to South Korea in 2022. Cambodia is the 7th largest apparel supplier to South Korea, While South Korea stands as the 13th top market in Cambodia’s apparel exports. Cambodia has managed to have a better trade balance with South Korea in Q1 of this year. […]