Garment Sector

The Finance Ministry has extended duty exemption on cotton till December 2025 to ease raw material supply, support garment exporters and cushion the impact of US tariffs on RMG

India has the potential to fill the gap left by the declining share of China, the largest exporter of ready-made garments to Japan, the Apparel Export Promotion Council (AEPC) said on Friday. It also said that the council is leading a high-level delegation to Tokyo to explore opportunities for boosting exports and attracting investments by engaging with leading Japanese brands and retail chains. The delegation will participate in the India Tex Trend Fair, to be held in Tokyo, from July 15-17. More than 150 apparel exporters from India will be participating to display a diverse range and variety of domestic apparel products at the fair. "The council will be taking a high-level delegation to Tokyo to explore the possibilities of enhanced trade and investment by engaging deeply with top Japanese brands and retail chains," AEPC Chairman Sudhir Sekhri said. Sekhri said that deeper engagement with the Japanese market has resulted in greater utilisation of the free trade agreement betwee

As on 31st March 2024, India had 12 operational land ports, out of which 6 were with Bangladesh. Two out of these six - Dawki and Sabroom became operational in 2023 and 2024 respectively

Garment exporters in India say workers have to be trained and many leave within months to work at smaller, unorganised units that allow longer hours and pay more

The group said that Marchant had cooperated with an investigation led by external lawyers, acknowledged his error of judgement

India's readymade garment exports rose 11.4 per cent to USD 9.85 billion during April-November this fiscal despite global uncertainties, signalling robust global demand for Made-in-India products, AEPC said on Tuesday. The Apparel Exports Promotion Council (AEPC) said that with the changing geopolitical equations, a lot more business will shift to India in the near future. AEPC Chairman Sudhir Sekhri said: "With India's inherent strengths and strong supportive policy framework by the Centre and states, India is all poised to reap its benefits. With end-to-end value chain capability, a strong raw material base and factories focusing on sustainable responsible business practices, India will surely see substantial growth in times to come". The growth also reflects the growing trust of global brands for Made-in-India products, especially considering the uptick in the festive season demand. The chairman appealed to international buyers to visit India and participate in Bharat Tex Expo .

Report identified only three retailers - Nike, Levi's, and VF Corp - which specifically include protocols to protect workers from heat exhaustion in their supplier codes of conduct

FM Sitharaman addresses concerns over garment sector investments in Bangladesh and urges banks to boost deposit mobilisation amidst rising economic challenges

Garment and textile factories which supply major western brands such as H&M, Zara and Carrefour had been forced to shut under curfews

Ludhiana's famous hosiery sector is staring at losses because of weak demand for winter garments this season, as many manufacturers say they faced lack of repeat orders as well as return of stocks from traders in many states. Hosiery goods manufacturers also blame dumping of China-made winter wear items, available at much lower prices, for adding to their woes. However, bone-chilling cold wave weather conditions prevailing in the northern region have given some sort of relief as they anticipate a pick up in demand which may lead to clearance of stocks. Ludhiana hosiery sector, which is one of the oldest industry verticals, is famous for winter garments like sweaters, jackets, thermals, cardigans, pullovers, innerwear, shawls etc. Several states like Uttar Pradesh, West Bengal, Rajasthan, Himachal Pradesh, Delhi, Bihar and Haryana are among key markets for the hosiery sector. The industry representatives said they started offering discounts to wholesalers in December when the deman

Recruitments reflect 'robust road map for 2024', says Meesho, which is an e-commerce firm backed by SoftBank

Bangladesh's garment workers earn $95 a month as minimum wage and are demanding a minimum wage of $208 a month

PGIL maintains a confident outlook on the continued growth and traction of Indian exports in the medium to long term.

Online fashion retailer Boohoo said on Wednesday it was entering the Indian market through a deal to feature its brands on Walmart Inc-owned online fashion site Myntra

Clothing and textile production is by far the biggest industry in Bangladesh

With a share of about 13 per cent, UP is one of the top three domestic textile players. Bangladesh, Vietnam, and Indonesia are the leading textile exporters in the Asia region.

Bangladesh's garment industry is facing a double whammy from slowing global demand and an energy crisis at home that's threatening to thwart the nation's pandemic recovery

The company aims at capacity expansion and increased infrastructure and facilities to meet growth in demand.

Despite near term headwinds, the management anticipate good growth in FY23 and a surge from FY24.

The company said it continues to witness encouraging trends via their online channels, and remains confident of their long term sustainable and profitable growth ahead