Apparel

Textile, clothing exports up marginally to $39.2 bn in 2017-18, says union minister Ajay Tamta

On the other hand, India's imports of textile and apparel have increased by 17 percent from $6.3 billion in 2016-17 to $7.3 billion in 2017-18

Online shoppers may spend Rs 30,000 cr in festival month, says Assocham survey

Driven by the festive fervour, online shoppers may splurge over Rs 30,000 crore on goods like mobile phones, electronic gadgets, consumer durables, apparel and home appliances during the festive season leading to Diwali, according to Assocham

'Extra push' via incentives for textiles will create more jobs, says Nirmala Sitharaman

The Union Cabinet yesterday approved a Rs 6,000 crore package for textiles and apparel sector with an aim to create one crore new jobs in three years and attract investments of $11 billion while eyeing $30 billion in exports

Govt clears Rs 6,000 cr package for textiles, apparel, says move to create 1 cr new jobs in 3 yrs

The measures approved include additional incentives for duty drawback scheme for garments, flexibility in labour laws to increase productivity as well as tax and production incentives for job creation in garment manufacturing

Apparel body AEPC wants retailers to source 50% from MSME

Days after the government relaxed FDI norms in the retail sector, the country's apex apparel body AEPC today said foreign retailers must be made to source up to 50 percent from MSMEs to protect domestic manufacturers.

Who needs FDI in retail to access foreign brands?

While India's politicians dither over rules allowing foreign retailers into the country, some online stores are already selling discounted clothing that have yet to officially enter the market.

Biyani-Amazon partnership: Why Future Group stocks are surging today

Traders see it as an opportunity for Future Group to tap into the online market and increase revenue substantially.

India's apparel exports to jump 10% as production in other Asian countries are hit

The main markets for Indian textiles at the moment are the United States and European Union.

Slowing down? Retail sector to grow at 16% over next 3 years, says report

The retail market, which is currently valued at Rs 3,893,425 crore, has grown by an average of around 18 per cent.

Gap's coming to India with 40 stores, but here's why it may not succeed

Until about 10 years ago, GAP was one of the world's most successful garment retailers that wooed young adults in the 1990s with "classic khakis and swing-dancing ads".