Home / Knowledge / News / Textiles / India facing problem of stagnation in exports: Digjam head
India facing problem of stagnation in exports: Digjam head
Jun '18
India facing problem of stagnation in exports: Digjam head
India is struggling with the problem of stagnation in exports, while countries like Bangladesh and Vietnam have shown significant growth in apparel exports, said the head of Digjam, a suiting fabric manufacturer. The government must address the issues and implement the suggestions given by various organisations and experts to speed up growth in the sector.

“The government must also ensure timely action to avoid opportunity loss in the fast-moving, competitive global market,” Arvind Kumar Upadhyay, president & COO, Digjam, told Fibre2Fashion.

He stated that the GST aftershock has been felt all across the textile sector. “The textiles sector, the third largest foreign exchange earner after petroleum products and gems & jewellery, has shown only 0.75 per cent growth in 2017-18 on account of a 10.4 per cent decline between May 2017 and January 2018. The main reason has been unresolved issues, including the reduction in the drawback after implementation of GST and capital blockage due to slow refunds, which have adversely affected working capital.”

Speaking about the methods which can be adopted to increase exports, Upadhyay said, “The government can restructure the incentive with increase in slabs on the basis of value addition of the product from raw material to garments. Raw material, especially cotton exports, must be discouraged and more attractive schemes should be introduced for spinning and weaving units, which will result not only in higher foreign earnings, but also lead to more employment.”

The president of Digjam added that the government of India has great vision to secure a higher share in the global textiles trade and to establish the Indian textiles industry as an international competitive producer.

Click here to read the complete interview.

Fibre2Fashion News Desk – India

Must ReadView All

Azerbaijan's Gilan Textile Park raises exports by 40%

Apparel/Garments | On 18th Aug 2018

Azerbaijan's Gilan Textile Park raises exports by 40%

Azerbaijan's Gilan Textile Park has raised its exports by 40 per cent ...

CPD studies living cost of Bangladesh RMG workers

Apparel/Garments | On 18th Aug 2018

CPD studies living cost of Bangladesh RMG workers

The living cost of readymade garment (RMG) workers in Bangladesh...

Brazilian cotton price index returns to April 2018 level

Textiles | On 18th Aug 2018

Brazilian cotton price index returns to April 2018 level

Cotton prices dropped in Brazil in the first fortnight of August as...

Interviews View All

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Manuele Baggini

Comec Italia Srl is a world leader in the production of printing machines. ...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

S Ziya Gumuser

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eric Scholler

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

Sidharth Sinha
Sidharth Sinha

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

August 2018

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

news category

Related Categories:

Advanced Search