As banks are not supporting the industry, there are problems galore for apparel manufacturers
Trade Data
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Lack of GSP has hit apparel exports from Bangladesh; Germany and other European markets emerge strongly as probable substitutes.
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Industry sees new growth opportunity after China cuts tariff on imports from Bangladesh
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Apparel Resources brings forth explanation on why the Technology Upgradation Fund (TUF) scheme has failed to end the woes of textile mills in India. The policy was introduced almost three decades back and is yet leave a mark on the sector.
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Trade Data
Exclusive: How did Indian textile industry get derailed and what’s the way out
by D K NairOnce flourishing, Indian textile industry hits bottom. Apparel Resources analysis where it actually went wrong for the sector and what can be done to make the mark yet again in the global market.
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The Indian apparel industry is apprehensive about the possibility of export subsidies being withdrawn and its future if this takes place.
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Early last year, when USA withdrew from TPP, there was a speculation that Vietnam’s economy and garment business would bear a heavy brunt. However, Vietnam moved ahead – and moved at a good pace.
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Trade Data
Are weak industry policies propelling apparel manufacturers to move out of Ludhiana (India)
A mixed bag of reactions and certain recent developments hint that all is not well in the apparel manufacturing hub of India, Ludhiana, when Apparel Resources analysed the current scenario in the city.
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India continues to experience a paramount surge in its apparel imports and simultaneously clocks a drastic decline in exports. The country’s share in the global market is now less than 4 per cent.
