Global Apparel Market – An Overview | Watch NOW! | Ad
Home / Knowledge / News / Textiles / Package will boost made-ups sector: SIMA
Package will boost made-ups sector: SIMA
08
Dec '16
The reforms package approved by the Union Cabinet to boost employment generation and exports in the made-ups sector will greatly help the segment to improve its global competitiveness in the global market, the Southern India Mills’ Association (SIMA) has said. The policy interventions are expected to boost exports and create up to 11 lakh jobs in 3 years.
 
“The reforms would create more demand for fabrics, yarns and fibres in the domestic market and thereby help the down sectors that have been suffering due to excess production capacity to a certain extent,” SIMA chairman M Senthil Kumar said in a statement.
 
The reforms to boost employment generation and exports in the made-ups sector have come at a time when the sector has been facing challenges in the international market due to high costs of production, non-refund of state levies, and high tariff barrier when compared to competing nations such as Pakistan, Vietnam, etc, SIMA said.
 
SIMA chairman thanked textiles minister Smriti Irani for considering the representation made by the association and including the made-ups sector under the Rs 6,006 crore special export package announced for the garment sector in June 2016.
 
Made-ups sector generates the largest employment of over 120 jobs per rupees one crore investment, especially to the rural women. The finished fabrics are largely converted into apparel and made-ups. Both the sectors have the same manufacturing activities of cutting and sewing.
 
The global made-ups market size currently is around $40 billion and India accounts around 13 per cent ($7 billion). Made-ups textile products are broadly grouped into bed linen, kitchen linen, table linen and toilet linen categories. In recent years, the global demand for made-ups with special finishes such fire retardant, water repellent, stain resistant, easy care, wrinkle free, anti bacterial and microbial, fragrance, etc. are increasing exponentially. The Indian textile industry has started making huge investments across the textile value chain (from spinning to finishing) to meet the increasing global demand, the statement said.
 
In the total Indian made-ups exports, US accounts around 45 per cent, followed by UAE with 9 per cent, UK with 5.5 per cent and Germany 5.1 per cent share. (RKS)
 

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Asmara Group

Apparel/Garments | On 20th Sep 2018

Fragmented nature of Indian apparel sector major challenge

A major challenge for the Indian apparel sector is its fragmented...

Courtesy: Aditya Birla Retail

Apparel/Garments | On 20th Sep 2018

Indian Aditya Birla Retail to be acquired by Samara-Amazon

India’s Aditya Birla Group has signed a deal to sell Aditya Birla...

India's 2018-19 forward cotton export contract up by 100%

Textiles | On 20th Sep 2018

India's 2018-19 forward cotton export contract up by 100%

Rise in demand from China, lower domestic prices and depreciation of...

Interviews View All

Nuno Venda, ROQ

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Amardeep Singh, Orient Craft

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Rahuul Jashnani, Jashn

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Himanshu Jariwala,

Himanshu Jariwala

J Korin started as a partnership firm with four powerlooms in the textiles ...

Carolin Russ,

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Kalai Selvi,

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Dave Rousse, INDA

Dave Rousse
INDA

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Ayyappa Nagubandi, Broadcast Wearables Pvt Ltd

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Larry L Kinn, Suominen Corporation

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

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

Akta Adani, India Boulevard

Akta Adani
India Boulevard

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

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


September 2018

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

news category


Related Categories:

Advanced Search