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TIRUPUR APPAREL CLUSTER
Syndicate Finance bridges the execution gap for India's export-ready textile manufacturersAs India cements its position in global apparel supply chains, structured lending is emerging as the critical enabler and Syndicate Finance...- Apparel industry representatives meet Vice President, seek removal of 11 pc import duty on cottonApparel industry representatives met Vice President C P Radhakrishnan and other ministers, urging the removal of an 11% import duty on cott...
- India-UK CETA to boost textile sector, help it compete with Bangladesh, PakistanThe India-UK Comprehensive Economic and Trade Agreement (CETA) is poised to level the playing field for Indian textile and clothing exporte...
- Apparel exporters eyeing Japan, Oz and Canada"Japan at present buys 5% of their apparel requirements from India. But with Covid again spreading in China, it is looking at alternative c...
- Sportswear from India's Tirupur to Qatar World Cup 2022As per the Omanobserver, Tirupur in Tamil Nadu started out as a knitwear cluster but has since completely changed into the nation's centre ...
- US slowdown hits Noida apparel companiesNoida-based apparel exporters generally make fashionable apparels priced at $8-10 per piece, unlike Tirupur exporters who make basic items ...
- Apparel and Diamond traders face slowdown in demand from US, ChinaApparel exports fell marginally by 0.6% year-on-year in July to $1,380.5 million. Compared to July 2020, exports were up 29.5% and 1.2% aga...
- New garment companies turn to India as lockdowns hit China outputChina eased Covid restrictions in Shanghai after two months of lockdown on Tuesday, but the country's "zero Covid" policy continues and nea...
- European apparel brands reduce garment offtake from Tirupur, NoidaAs all the big global brands have closed shutters in Russia, the order flow from Europe has dwindled. Tirupur exporters fear that in FY23 e...
- Garment exporters worried about fall in global ordersH&M has suspended operations in Russia, while Spain's second-largest fashion retailer Mango has also temporarily closed its 120 shops in Ru...
- Textile, jewellery firms go on hiring spree on UAE trade agreementTextile export units in Tirupur and Noida plan to increase their headcount by up to 15% and 30%, respectively, while jewellery trade said a...
- Exporting units in Tirupur, Noida try to procure local labourers in the absence of migrant workersThere are 12 million workers engaged in garment manufacturing across Maharashtra, Gujarat, Karnataka, Tamil Nadu, Delhi-National Capital Re...
- Big brands unmask a hot new sales categoryAmazon and Flipkart have asked apparel brands and suppliers to up their production of masks. For apparel companies, this huge demand for ma...
- Want job work on apparels also be brought under 5 per cent GST rate: Tirupur Exporters AssociationAs the processes are only of B2B nature and since the final product garments fall under five per cent slab, levying 18 per cent on job work...
- For better social fabric, apparel makers under global eyeIndian apparel suppliers including those catering to global brands such as Gap., H&M and Marks & Spencer will now be monitored for unfair t...
- Government to introduce rating index for industrial clustersIndia, which so far has not been able to generate enough investor interest in its special trade zones, does not have a policy on standards ...
- No children in Indian apparels, US told"The US is intrigued by the that just four children were found engaged in the Indian apparel industry during NITRA's nationwide survey," sa...
- Celio to hike local sourcing; double store count by JanCelio, one of the largest French apparel brands, will cut down imports to the Indian market as it plans to increase local sourcing by six t...
- Apparel exports to fall 7-9% this fiscal: AEPCApparel exports from India will see a 7-9% decline this fiscal compared to last year's $10.13 billion.
- Textile looks set to weave Japanese tiesThe government will lead its first-ever joint trade delegation of textiles industries to Japan early next week, with an aim to tap foreign ...
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