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CLOTHING MANUFACTURERS ASSOCIATION
Iran truce may revive India's textile exports, industry saysIndia's textile exports are set for a significant boost following the end of the Iran war. Manufacturers anticipate lower raw material cost...
In the 1920s, a paper company realized wartime wadding could work better on faces than on cold cream, and facial tissues entered daily lifeInitially crafted for elegant beauty routines to wipe away cold cream, facial tissues quickly transformed into a practical alternative to t...
20 months of bearish markets: One additional letter that tells you which 'cheap' stocks are actually cheapMost investors live by one ratio. That ratio that tells them all they want to know – or should one say all they want to hear? They open a s...
America’s favorite summer outfit - the 'Seersucker Suit' actually originated from IndiaSeersucker fabric, now a summer fashion favorite in Western countries, began in colonial India. Originally named 'Sheer O Shakkar', it was ...
Today's life lesson from Brad Pitt's movie: 'Advertising has us chasing cars and clothes, working jobs we hate so we can buy things we don’t need...' - Fight Club's famous dialogue warns about the danger of chasing social expectationsFight Club remains one of the most talked-about films of the late 1990s because of its sharp commentary on consumerism, identity and emotio...
Inflation in driver’s seat likely to stall discretionary spendWhile consumer demand had started improving over the past four months after a prolonged slowdown, rising crude oil prices, supply disruptio...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsAs far as India is concerned, the biggest pain point from the US-Iran war in the Gulf region has been the spike in the prices of not only o...
Iran war could make petroleum products from clothes to crayons more costlyGlobal oil disruptions are making everyday items more expensive. From plush toys to bandages, the cost of materials derived from petroleum ...
NCR workers unrest adds to cost strain on firms already hit by Iran warWorker protests over minimum wages are escalating in Noida and Manesar. This unrest, following a significant wage hike in Haryana, is incre...
GST rate hike to cripple India's garment industry: Clothing Manufacturers Association of IndiaThe government plans to increase taxes on garments costing over Rs 2,500. Clothing Manufacturers Association of India (CMAI) warns this wil...
Wedding clothing manufactures reports average sale due to economic slowdownWedding clothing manufactures have reported average to poor sales in the past season, according to a survey by Clothing Manufacturing Assoc...
Apparel shopping goes phut in COVID-19 crisisAn internal report by CMAI has found that domestic apparel industry could take a hit of about Rs 1 lakh cr due to the lockdown. Denim expon...
Covid -19 impact: 1 crore job cuts likely in textile industry without govt support, says CMAIThere could be as many as one crore job cuts in the textiles sector due to Covid lockdown, as per CMAI.
Puma launches collection made from waste plastic bottlesThe collection has been produced in collaboration with UK-based waste management and recycling company First Mile. The training collection ...
'New textiles policy aims at 35 million jobs, foreign investment'The government will unveil a new national textiles policy next month that seeks to create 35 million new jobs by attracting foreign investm...
Report on National Fibre Policy by October 31: Textile CommissionerThe govt-appointed committee is expected to prepare final report on National Fibre Policy by October 31, Textile Commissioner A B Joshi sai...
- Indian garment makers sign MoU with Mauritius
A MoU between the two governments was signed earlier in February 2012 during the visit of the Prime Minister of Mauritius to India.
- Tough time lies ahead for textile market this season
The upcoming festival season in Uttar Pradesh, Punjab, Bihar, West Bengal and Maharashtra has not yet given much fillip to the textile mark...
- Ready-made garment sales grow a poor 5 per cent in FY12
The domestic ready-made garments market decelerated a whooping 75 per cent to grow mere 5 percent in FY12, at Rs 1.10 lakh crore.
- Branded clothing may stay expensive this year
The finance ministry is learnt to be excited by the "considerable buoyancy" in tax collection from branded clothing.