Home / Knowledge / News / Textiles / Indian denim makers expect 15% growth in domestic market
Indian denim makers expect 15% growth in domestic market
08
Mar '13
Denim manufacturers of India are expecting 15 percent growth in domestic market and around 5 percent growth in international markets this year. The industry representatives are expecting the growth to continue for the next three years.

In a conversation with fibre2fashion, chief financial officer of Aarvee Denim, Mr. Utsav Pandwar said, ““We are expecting the Indian denim industry to grow 15 percent in domestic market and 5 percent in export markets.”

When asked about the surplus capacity of denim industry, he informs, “Currently, there is a situation of over-supply mainly because of expansion by existing companies and entrance of some new companies, but the demand is growing consistently at the same rate.”

Mr. Sandeep Agarwal, denim sector consultant, says, “Though the industry might face certain problem due to the increasing capacity, the denim makers are trying to introduce new products in the market to increase the penetration in the domestic market.”

“The visible growth of Indian denim industry is expected to continue for next three years,” he opines.

Last month,  Mr. Rajesh Dudeja, the Founder of Denim Club India, said, “Because of the decline in denim production in China and USA, many Indian mills, which had started witnessing a slight dip in demand recently, will again be in a commanding position and the denim prices might also see a rising trend in the near future.”

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Paolo Ocleppo
Sandvik Hyperion

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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
March 2017

March 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