Home keyboard_arrow_right Publicationskeyboard_arrow_right July 1-15, 2019

July 1-15, 2019

210346
July 2019| 1-15| 56 Pages

Of late China’s apparel trade has gone down, creating opportunities for other countries in the region to get into business. As per the World Trade Statistical Review 2018 by the World Trade Organization, China’s market shares in global apparel exports fell from its peak – 38.8 per cent in 2014 to a record low of 34.9 per cent in 2017. But India, though could not grab the share of China’s business, has been gaining by taking away business from Indonesia, and will soon surpass this country in its apparel export to USA. Our interesting analyses insights deeply.

India’s small towns have become the new go-to destinations for the retail sector, given the increasing propensity of customers who are getting richer and more willing to shop in the modern retail formats. Sensing this big opportunity, Raymond has introduced the mini store format, Mini TRS (The Raymond Shop), especially for these markets. Mohit Dhanjal, Director – Retail, Raymond, reveals the success formula behind the success of Mini TRS in a short span of time.

The Government has reduced the rate of contribution under the Employees’ State Insurance Act (ESI Act) to 4 per cent from 6.5 per cent, giving big relief to the industry. Taking note that Indian textile industry employs about 40 million people, the industry will be annually saving around Rs. 2,160 crore.

$5

Add to Cart

Article From This Issue

Better Cotton For All

Highlights of Better Cotton Annual Report!

Better Cotton Initiative’s annual report shares its five interesting targets and growth in previous years.

Jun 11, 2019  |  Sustainability

Textile industry

ESI rate cut: Indian textile industry will save Rs. 2,160 crore annually

With the ESI rate cut to 3.25% from 4.75%, a small factory having 100 workers under ESI, will save at least Rs. 1,80,000 per annum.

Jun 14, 2019  |  Trade

Luminoso

Finishing tech specialist Navis TubeTex announces the launch of ‘Luminoso’

Navis TubeTex has announced its new product named Luminoso ahead of ITMA. The major task of the machine is to apply Digital Print Primer (PFDP).

Jun 18, 2019  |  Production Technology

.

Budget 2019 Expectations: What Can Put Apparel And Textiles Industry On a Fast Track?

The overall apparel and textiles industry have its eyes on the forthcoming union budget as the new finance minister, Nirmala Sitharaman is all set to present her maiden budget in the Parliament on July 5.

Jun 22, 2019  |  Retail

Machine embroidery excellence spotted at GTE 2019

Embroidery: Understated to Ostentatious: F/W ’19 and S/S ’20 Market Trends

What the supply chain stakeholders are saying about the embroidery sector's small but significant comeback and the trends dictating it.

Jul 03, 2019  |  Trends

search
Search