>>
Home / Knowledge / News / Textiles / Textile & garment sector shines in midst of all odds

Textile & garment sector shines in midst of all odds

28
Mar '08
The Indian rupee appreciation and interest escalation has been a cause of worry for the exporters nation wide, as it reduced their earnings and to some extent hampered their position in international market.

The sector is also going through rough phase as other Asian countries are giving stiff competition to the domestic enterprises which are already disturbed due to increasing input costs and implementation of new labour laws.

In order to know more about the current scenario of exports of the Indian textile industry in terms of volume and value, Fibre2fashion contacted Mr D K Nair, Secretary General, Confederation of Indian Textile Industry (CITI). Mr Nair divulged, "The exports to US have experienced a slight increase of 0.53 percent in the month of January when compared to the same period last year. It shows that in terms of rupee, there is a negative growth of more than 10 percent."

Expressing his dissatisfaction over the export output to US, the Secretary General, articulated, "The industry has been trying to add value to the products and improve productivity through modernisation and expansion of capacities. But there are limitations on improving cost competitiveness through these measures, since we have been focussing on these areas in the past also. However, huge investments have taken place during the last two years, which have been substantially higher than those in the past."

Talking about CITI's effrots in improving the present situation, Mr Nair further said, "Although, the Government has announced some relief packages for exporters, it is awefully inadequate to address the problem. We have approached the authorities to take certain steps like return of state level duties to exporters, declaring a moratorium of one year for repayment of term loans, making packing credit in foreign currency available to T&C industry.


Must ReadView All

Pic: DCStockPhotography/Shutterstock

Textiles | On 16th May 2022

Weight of renminbi, US dollar raised as global currency in SDR by IMF

In the latest valuation review of the Special Drawing Right−an...

Pic: Shutterstock

Apparel/Garments | On 16th May 2022

Bangladesh RMG exports achieves full year target in 10 months

Readymade garment (RMG) exports from Bangladesh achieved the target...

Pic: Shutterstock

Textiles | On 16th May 2022

China's share of global economy rises to over 18%: Top govt official

China accounted for over 18 per cent of the global economy in 2021...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Textile Industry, Head honchos

Textile Industry
Head honchos

Luxury is not just about high prices but ability to create desire

Textile Industry, Head honchos

Textile Industry
Head honchos

Next level is to inject new features:

Annabelle Georgina Hutter,

Annabelle Georgina Hutter

A Swiss, family-owned and run textile sourcing and supply company...

Ilan Palacci,

Ilan Palacci

France-based Ever Dye develops an innovative dyeing process combined with...

Alissa Sandra Baier-Lentz & Billy McCall,

Alissa Sandra Baier-Lentz & Billy McCall

New York-based Kintra Fibers has developed a proprietary bio-based and...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Daniel Odermatt, Ventile

Daniel Odermatt
Ventile

Ventile is a registered trademark used to brand a special high-quality...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Carmen Emanuela Popa, Label - Carmen Emanuela Popa

Carmen Emanuela Popa
Label - Carmen Emanuela Popa

<b>Carmen Emanuela Popa,</b> a Romanian fashion designer, is known for her ...

Andre Walker, Label - Andre Walker

Andre Walker
Label - Andre Walker

Andre Walker is a New York-based renowned designer, creative director,...

Marylin Fitoussi, Netflix Show - Emily In Paris

Marylin Fitoussi
Netflix Show - Emily In Paris

Netflix’s renowned show Emily in Paris’s costume designer Marylin Fitoussi ...

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

ESTEEMED CLIENTS

Guess Europe Sagl,
LC Waikiki
K AND D ITMACH EXPOSITIONS LLP
Nandan Denim Limited
IKEA of Sweden AB
Lectra Technologies India Pvt Ltd.
Vardhman Textile Ltd
BTC Textiles LLC
Xtema - Thomas Lebherz Textilmaschinen
Marzoli Machines Textile s.r.l.
Equinox Impex India
N9 World Technologies Private Limited
JES MEDIA, INC
EMBEE CORPORATION
BIMBA ;& LOLA SL
Mayer & Cie. GmbH & Co. KG
Aramark Uniform ;& Career Apparel, LLC
Hirdaramani International Export Private Limited
Zünd Systemtechnik AG
Tory Burch Hong Kong Ltd
Thai Acrylic Fibre Company Limited
SHAHI Exports Pvt Ltd
Rieter India Private Limited
Splash
Babyshop
T.T. Limited
Recron Polyester from Reliance Industries Limited
Loris Bellini S.r.l.
SYNERGIES HONG KONG LIMITED
Bluestem Global Sourcing Limited
APLF Limited
Datacolor AG Europe
BTSR International S.P.A.
OVS Hong Kong Sourcing Ltd.
Alison Hayes Romania
Savio Macchine Tessili S.P.A.
Pt. Peraga Nusantara Jaya Sakti
Indofil Industries Limited - Specialty & Performance Chemicals Division
MAS Active / MAS Kreeda / MAS Bodyline
Thai Trade Center
Tommy Hilfiger
ITMA Services Pte Ltd
KIABI
IIGM Private Limited
Performance Days
CGS Inc.
Jindal Worldwide Limited
Grasim Industries Limited
Lululemon Athletica Inc
Italian Trade Commission
GHCL LIMITED
Shanghai  Aige Exhibition Service Co., Ltd
Comasia Limited
Gokaldas Exports Limited
Groz-Beckert KG
Lenzing Aktiengesellschaft - India
C;&A Sourcing International Ltd
John Varvatos
Saurer Textile Solutions Pvt. Ltd.
Stahl Holdings B.V.,
Copenhagen Fashion Summit
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Newtech Textile Technology Development (Shanghai) Company Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
IDH – The Sustainable Trade Initiative
Calvin Klein
Bluesign Technologies Ag
Lacoste (Wanchai)
Sateri (Jiujiang) Fiber Co.,Ltd
Tuyap Tum Fuarcilik Yapim A.S.
China World International Exhibition Company Limited
Meera Dyestuff Industries
ZAITEX spa
FESPA (Reigate)
Thermore (Far East) Ltd.
International Textile Manufacturers Federation
GERBER TECHNOLOGY LTD.
Green Fibre
Itema Weaving (India) Private Limited
Lifestyle
TESTEX AG, Swiss Textile Testing Institute
Aleph Srl
DyStar India Pvt. Ltd
Karl Mayer Textilmaschinenfabrik GmbH
Midas Clothing Limited
Benetton Group
Sportmaster Ltd.
Walmart
Chico’ FAS
Sainsbury's Argos Asia Limited
Eurofins BLC Leather Technology Centre Ltd
The LYCRA Company Singapore  Pte. Ltd
Mesdan SPA
Recron Polyester from Reliance Industries Limited
Tchibo GmbH
Restoque S.A.
DuPont de Nemours, Inc.,
International Sourcing Expo Australia
Centric Software
BIANCA
Helly Hansen Far East Ltd
USTER
Zydex Industries
VNU Exhibitions Asia
Rayonese Textile Inc., Division de Culp Inc.
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Gatsby Africa
GIOVANNI BOZZETTO S.p.A.
Desigual - ABASIC, S.A.
TESCO INTERNATIONAL SOURCING LIMITED
Messe Frankfurt Exhibition GmbH
Maceton Limited
Datatex Consulting Srl
CSGIA(China Screen Printing & Graphic Imaging Association)
BRINKMANN GMBH
G-Star Raw C.V.
Tradewind International Servicing
Truetzschler India Private Limited
Taiwan Textile Federation (TTF)
Lottmann Communications
Inter Expo Center Ltd.
FULGAR SpA
Shima Seiki Mfg. Ltd.
Colours India Inc
Coats Digital Limited
Permoda(Koaj/Armi/Pronto/Bkul)
Flainox S.r.l.
Brückner Trockentechnik GmbH & Co. KG
EPCH
Eastman Chemical Company
TÜYAP IHTISAS FUARLARI A.S.
Officina Meccanica Dora Enrico Srl
G.A.S. unternehmenskommunikation gmbh
Lisa S.P.A.
Istanbul Fuarcilik A.S.
Nihalani Events Management
Vianney Textil Hogar S.A. De C.V.
Boardriders Asia Sourcing Limited
J ;& P Coats
NITI Aayog
X-Rite Asia Pacific Limited (HK)
Kornit Digital Asia Pacific Ltd
Varner AS Retail
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Haelixa AG
Weitmann & Konrad GmbH & Co. KG
TEXVALLEY MARKET LIMITED
Gap International Sourcing Limited
Palexpo SA
Aquarelle Clothing Limited
Huntsman (Singapore) Pte Ltd
Target Corporation (MN)
Etam Group Strategy Hong Kong Limited
UBM China (Shanghai)
THE BOMBAY DYEING ;& MFG.CO. LTD
Esprit Europe Services GmbH
EUROVET ASIA LTD
The LYCRA Company Singapore  Pte. Ltd
Color Service s.r.l.
Gloria Jeans
Dow Silicones Corporation
KAS Direct Sourcing
Lenzing Aktiengesellschaft
Decathlon
Sportswear Company Spa
Asos
Indo Tex
Cat Tuong Real Estate Group Joint Stock Company
IFF Media Ag - International Media Services
Chori Company Limited
Abit
Under Armour Global Sourcing Ltd
COTTON COUNCIL INTERNATIONAL
PVH Corporation
Arvind Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
Seasalt Limited
Brandix Lanka Limited
Applied DNA Sciences Inc
NV Michel Van de Wiele
Reiter India Private Limited
Page Industries Limited (Bangalore)
Woolmark Services India Pvt. Ltd.
Rosset ;& Cia Limited
Alix Partners
Groz-Beckert East Asia LLP
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Jiangsu Yingyang Nonwoven Machinery Company Limited
Infor (Hong Kong) Limited
Hela Clothing Pvt Ltd
Messe Duesseldorf
Phong Phu international JSC (PPJ)
Amazon China
The Top Form Brassiere Manufacturing Company Limited
Puma
Kern – Liebers Textile
H. Stoll AG & Company KG
Landmark Group

May 2022

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


Advanced Search