Vietnam, Cambodia and Honduras were the leading suppliers to the US in 2024, delivering 407 million, 267 million and 198 million units respectively. Together, these three countries accounted for 61% of total imports.
Business News
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MLA Balakrishna added that expert-led training would ensure handloom products match consumer preferences, emphasising that the scheme would help secure a dignified living for weavers.
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The Minister proposed phased planning over one, three and five years, beginning with the identification of at least one iconic handloom and one handicraft product representing all eight states.
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Federation president Ammanabolu Prakash said in a statement that the textile and apparel sector contributes about 2.3% of India’s GDP, accounts for around 13% of industrial production, and directly employs more than 45 million people, including many women and rural workers.
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The store brings together the company’s four verticals: Rare Rabbit, Rareism, Rare’Z by Rare Rabbit and Rare Ones by Rare Rabbit, and will showcase its Autumn/Winter collection.
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The store has been designed as an interactive space, with interiors and displays reflecting the brand’s identity. It features zones dedicated to styling, self-expression and content creation, with the intention of encouraging customer engagement.