Home / Knowledge / News / Denim/Jeans / Denim prices slashed due to excess production
Denim prices slashed due to excess production
19
Jun '06
Huge production of denim by India, Pakistan and Bangladesh has flooded the domestic and international markets, and this resulted into a 10 percent fall in denim prices.

Last year, total Indian capacities have increased from 200m metres per annum to 350m metres per annum.

Plant of Arvind Mills has been running at 85 percent capacity from 92 percent about three months ago.

Denim capacities at Raymond increased by 10m metres to 40m metres, and JV with UCO, a Belgian company, have further enhanced its capacities to 80m metres.

Recently, Century Denim has doubled its plant to 20m metres and is ready to launch its domestic brand.

Denim production is on the rise in Bangladesh, Pakistan and China which are expanding their capacities resulting in a supply flood.

This has led manufacturers to turn their focus on domestic market, which offers a respite with slightly better prices.

In this set-up, garment manufacturers find it more gainful to import fabrics as they do not have their own capacities.

Industry experts estimated that denim capacity in the country would see a growth of 65 percent to 600m metres per annum by the end of 2007.

At present, the denim market is growing at 6-7 percent in the international market, and 10 percent in the domestic market.


Must ReadView All

Courtesy: Fancycrave.com from Pexels

Apparel/Garments | On 22nd Jun 2018

EU's retaliatory duty on US apparel takes effect

As part of the three-pronged response outlined by the European...

NCC applauds House passage of farm legislation

Textiles | On 22nd Jun 2018

NCC applauds House passage of farm legislation

The National Cotton Council (NCC) of the US has welcomed the passage...

Courtesy: Roman Pohorecki from Pexels

Apparel/Garments | On 22nd Jun 2018

UK launches inquiry on sustainability of fashion industry

The Environmental Audit Committee of the UK Parliament has launched...

Interviews View All

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Steve Cole
Xerium Technologies

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search