Home / Knowledge / News / Apparel/Garments / Rising yarn & fabric prices hit garment exports - GEA
Rising yarn & fabric prices hit garment exports - GEA
22
Mar '10
Mr. Rakesh Vaid, President, Garments Exporters Association has expressed serious concern over the steep hike in prices of cotton yarn and fabric, adversely affecting the competitive strength and performance of Indian Apparel Industry. Besides price fluctuation, fabric availability has become a serious issue as weaving units are not making any delivery commitments.

Demanding some sort of control on the export of cotton and yarn, he also stressed the need to focus more on value added exports of garments rather than raw cotton or fabric as the value addition is over six times if the same amount of cotton yarn that is being exported is used by Garments exporting units for their export products.

Mr. Vaid pointed out that garment exporters are still facing financial difficulties because of worst ever worldwide recession and low unit value realization from the overseas market and it would take some more time for the world economy and the apparel trade to revive. He further pointed out that the labour-intensive garment export sector requires special consideration as it adds maximum value to the exported products using over 95 per cent indigenous materials.

Garments Exporters Association

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search