Home / Knowledge / News / Apparel/Garments / Indian apparel sector needs product diversification: ITF

Indian apparel sector needs product diversification: ITF

14
Aug '19
Pic: ITF
Pic: ITF
The apparel sector in India must further diversify its product portfolio to stay in competition with Vietnam in the global market, according to the Indian Texpreneurs Federation (ITF). In addition, manufacturers need to shift their focus towards man-made fibre (MMF) and blended products, while the government should bring in Fibre Neutral Policy, ITF said.

Analysing apparel exports from India and Vietnam in 2017, ITF said India leads in seven apparel export items, i.e. those with 6-digit HS code of 610510, 610910, 610990, 620443, 620520, 620640 and 621443. However, in these items too, Vietnam is catching up fast with India, in terms of value of exports.

There are 19 such clothing items where Vietnam leads, and India's volumes are negligible in comparison.

"We need to create awareness and also an ecosystem to diversify our product basket and this will help us in improving per apparel value," ITF said in a statement. "We need to bring Fibre Neutral Policy to achieve this goal." (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 20th Aug 2019

Indian firms operating in PRC to ramp up investments: CII

Most Indian companies present in China are planning to continue to...

Pic: Shutterstock

Textiles | On 20th Aug 2019

Indian spinning industry facing big crisis: NITMA

The cotton and blends spinning industry in India is passing through a ...

Pic: Shutterstock

Textiles | On 20th Aug 2019

Egyptian govt allocated EGP 21 bn to boost cotton

Egypt's ministry of public business sector has allocated EGP 21...

Interviews View All

Karel Williams, Dow Microbial Control

Karel Williams
Dow Microbial Control

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

Karan Toshniwal, Orange O Tec

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Luke Otten, Wigwam Mills Inc

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Amol Bhagwati,

Amol Bhagwati

A textile finishing solution provider, Inspiron Engineering Private...

Xavier Martinez,

Xavier Martinez

CADT Software & Drafting was founded in Spain in 1987 by Josep...

Sham Shah,

Sham Shah

Shamal and Shamal Pvt Ltd is into manufacturing and sales of textile...

Alfonso Marra, Klopman

Alfonso Marra
Klopman

It was in 1968 that Klopman introduced the concept of poly/cotton workwear ...

Johan Berlin, Investkonsult Sweden AB

Johan Berlin
Investkonsult Sweden AB

Investkonsult Sweden AB are consultants in the nonwoven and absorbent...

Mark Paterson, Technical Absorbents Ltd

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

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

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

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


August 2019

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

news category


Related Categories:

Advanced Search