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Indian apparel exporter Superhouse believes innovation drives success

“To have a mindset for innovation is what keeps you always ahead of others,” believes Mohd. Faiz, Owner of Superhouse Limited, a US $ 200 million group. With the competition getting tough each day, the only attribute that gives any company an edge over its competitors is its ability to think differently feels Faiz. Also, the company believes in using new technology in order to save costs on garments. “Saving costs on garments is also […]

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Global apparel trade contracts 1%: ICRA

Global apparel trade remains under pressure, having contracted by 1 per cent to US $ 432 billion in FY 2016, following a 5 per cent de-growth in 2015, owing to subdued demand trends reported by the key importing countries. This has been stated in a report by ICRA, an Indian independent and professional investment information and credit rating agency. While the volumetric growth remained marginally positive, primarily aided by recovery in demand from Europe, the […]

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Indian apparel market to grow threefold by 2025

If reports are to be believed then India’s apparel market is expected to note threefold rise from US $ 59 billion in 2015 to US $ 180 billion by 2025 while China is expected to lead the market at US $ 615 billion by 2025, growing at a CAGR of 10 per cent as compared to US $ 237 billion in 2015. Indian apparel market will emerge as the fastest growing, expanding at a compounded […]

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Indian apparel exporter Aakriti Creations takes ‘customer satisfaction’ on priority

“We believe in serving the same client. There is nothing more satisfying than that,” believes Aditya Mathur, Director, Aakriti Creations Private Limited. The company has been into garment export since last three decades. Despite the big dreams of capturing the US market, Aditya does not want to lose focus on the successfully thriving European market. He says some clients have been with his company ever since its inception and the satisfaction the company gets by […]

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India’s TEA hails TN Govt. for tax-free budget

Tirupur Exporters Association (TEA) of India has expressed happiness over Tamil Nadu Government’s move to present a tax-free budget. D Jayakumar, Finance Minister of Tamil Nadu presented the 2017-18 budget in the Assembly today. Welcoming the move, TEA President Raja M Shanmugham said that the people will get benefit after implementation of the schemes announced in the budget. “The allocation of Rs. 2,000 Crore for the Tamil Nadu Infrastructure Development Fund (TNIDF) would be helpful […]

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CII-Avantha to organize training on autonomous maintenance

CII – Avantha Centre for Competitiveness for SMEs, an India-based consultancy, is organizing a one-day Training Programme on ‘Autonomous Maintenance – A tool to enhance Productivity’ on 17th March 2017 in Chennai, India. The idea behind the training programme is Autonomous Maintenance, which depicts that zero breakdowns can be achieved only if production operators are involved in finding the existence of any abnormalities. Operators should perform certain equipment maintenance activities and that maintenance activity get […]

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Jharkhand (India) Govt. starts identifying land for garmenting units

Jharkhand (India) Government has started identifying land for the implementation of MoUs signed to establish garment manufacturing units during the recently held Global Investors’ Summit. 210 MoUs were signed during the Summit. Rajbala, Chief Secretary of Jharkhand is ensuring that the industries should be set up maximum on Government land and that minimum rayyat land is acquired and used for the purpose. “If rayyat’s land will be required, the Government will pay four times more […]

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Global Investors’ Summit Jharkhand reaps benefits for T&C sector

“Jharkhand has immense potential to grow in textile sectors. Textile and apparel sectors are expected to be second largest employers in Jharkhand after agriculture,” underlined Raghubar Das, Chief Minister, Jharkhand, India at the recently held Global Investors’ Summit in the state. Ensuring of expanding in the state, Sudhir Dhingra, Chairman and Managing Director, Orient Craft Limited said, “We promise to generate lakhs of jobs in the state. We had started Orient Craft in 1972 with […]

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Indian Army finally gets bulletproof jackets

The Indian Army has received the first lot of 20,000 bulletproof jackets for its troops posted in counter-insurgency and anti-militancy operations, and have been quickly distributed to various formations. A contract for emergency order of 50,000 jackets worth Rs. 140 crore was inked in March last year with Tata Advance Material Limited, which had supplied the jackets to the Army even in the past, as informed by Defence Minister Manohar Parrikar. Also Read – Indian […]

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WRAP: More than compliance/certification, adding value to bottom line

Completing 16 years of its inception, Worldwide Responsible Accredited Production (WRAP) has more than 250 certified factories in India and 2,300 factories across the world which employs more than 2 million workers. One of the largest independent factory-based certification standards for this industry, WRAP is more than just a certification and management system audit agency; in fact it has become a way to add value to the bottom line of apparel manufacturers. Though satisfied that […]

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India’s TEA hails Economic Survey tabled in Parliament

Tirupur Exporters’ Association (TEA) has praised the Economic Survey 2016-17 tabled in Parliament by Union Finance Minister Arun Jaitley for giving emphasis on apparel and leather sectors. TEA President Raja M Shanmugham thanked the Government for introducing separate chapters for apparel and leather sectors in the survey. This unique move initiated by the Government is a commendable job, said TEA President. He also endorsed the positive impact of the demonetization stated in the Economic Survey […]

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Budget 2017: T&G industrialists seek tax relaxation

As the Finance Minister of India, Arun Jaitley, gears up to present the new Union Budget for the 2017-18 fiscal year on February 1, the textile and garment industrialists from Indore are expecting friendly announcement on reduction in taxes and interest rates. These measures will be helpful in reviving the industry,which is going through a rough patch post demonetization. The idea of reduction in taxes and interest rates have been suggested by the Madhya Pradesh […]

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‘Special Package’ A landmark for industry…

After a long time, the apparel industry felt that the Government has appreciated the importance of the apparel sector as a driver for employment generation, a major thrust for any party in power. As Virender Uppal, MD of one of the top export houses of the country and two times Chairman of AEPC puts it, “The year 2016 is special for the industry, as the ‘Special Package’ for Indian garment exporters is the first recognition […]

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Budget 2017: Nandan Denim expects Special Package for textile industry

As the Finance Minister of India, Arun Jaitley, gears up to present the new Union Budget for the 2017-18 fiscal year on February 1, the textile major of India, Deepak Chiripal, CEO, Nandan Denim Ltd. has said that the Indian Government should also consider Special Package for textile industry,which has gone through difficult times post demonetization. “Textile industry, one of the largest employers in India, contributes about 14 per cent to industrial production, 4 per […]

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IIGM and XCEL join hands

Indigenous to the core with ‘Made in India’ product line of washing and finishing equipment for the last two decades, XCEL STIRO, has achieved another milestone with a strategic marketing tie-up with IIGM, one of the most respected technology providers of the Indian apparel industry. With this togetherness, both organizations are enthusiastic about penetrating deeper into the market segment in washing and finishing segment. This partnership also matters as it is the first time in […]

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