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Industry's production front looks up
Hiring and production outlook is expected to be better, while exports will be affected due to global
demand factors in manufacturing sector in October-December this fiscal, said a Ficci survey
India, Bangladesh to remove non-tariff barriers
Bangladesh seeks substantial Indian investment in three special economic zones of Mongla, Bheramara and Mirsarai to broaden its export base, a FICCT press release quoted Ali as saying.
TECHNOTEX 2018 concludes with 1,160 B2B meetings
The seventh edition of TECHNOTEX-2018 concluded in Mumbai recently. Technotex, a show on technical textiles was organised by FICCI jointly with the Ministry of Textiles from 28-29 June 2018.
Fortifying Textile Ties
India and Turkey have much to offer and learn from each other in textiles, and only by the collaboration route can they raise their respective shares in textile trade, points out an ITJ Exclusive Story
Industry in dark about sops: Kavita Gupta
Most of the industries in textile sector are unaware about the government schemes and benefits that they are offering to the industries, says Dr Kavita Gupta
Fuelling growth and creating employment
Indian textile and apparel market is estimated at $118 billion, 69% of which is domestic consumption while exports constitute the rest 31%.
The global apparel consumption in 2016 is estimated to be $1.7 trillion, which formed around 2 per cent of the world GDP of $73.5 trillion. EU-28 was the largest apparel consumer market worth $400 billion, which was followed by markets of the USA, China and Japan. These top four markets together constituted approximately 62 per cent of the global apparel consumption.
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