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Glory of khadi in 100 years
The clothes reflect the personality of individuals and can be used as a marker of a group, community, family, region and even country. Khadi is one such cloth that had played a key role in the freedom struggle of India and thus has been referred to as the ‘fabric of Indian independence’, narrate Shruti Gupta, Deepali Rastogi and Ritu Mathur.
Clothing is among the basic amenities required by the 1.2105 billion strong, and growing, population of India. The Indian textile industry, which caters to this need, has an estimated market size of $108 billion. There are two broad segments within the industry, namely the traditional hand-woven and hand-spun textile segments, and the modernised mill segment (Nair & Dhanuraj, 2016).
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.
FICCI’s 9th TAG at Hotel Taj on November 30
The Federation of Indian Chamber of Commerce & Industry (FICCI) is organising the 9tth edition of annual conference on textile and apparel Industry “TAG 2017” at the Hotel Taj Mahal Palace in Mumbai
Applied DNA for Wamsutta home fashions
Applied DNA Sciences Inc has announced the debut of its textile molecular tag technology, SigNature® T, in Bed Bath & Beyond® ’s1 Wamsutta® 2 line, featuring PimaCott® 3, is now available at locations nationwide and online.
Excise duty cut on MMF hinted at FICCI TAG meet
The Government hinted at lowering excise duty on man-made fibre (MMF) in the new Textile Policy in order to boost investment to meet growing demand from the synthetic textiles industry. While cotton fibre attracts no duty, the Government levies 10 per cent excise duty on MMF. The industry has sought excise exemption on MMF on the grounds that the garments produced through MMF are primarily used by the economically weaker sections of society. Kavita Gupta, Textile Commissioner, Ministry of Textiles, confirmed it on the sidelines of FICCI TAG 2016 — the 8th Annual Conference on Textile and Apparel Industry organised by industry body FICCI on September 2 at Hotel Lalit, Mumbai.
FICCI meet: Driving growth through innovation
The Federation of Indian Chamber of Commerce & Industry´s (FICCI) 6th edition of Annual conference on textile and apparel Industry, ´TAG 2014´, held at the Hotel Taj Lands End, Bandra (West), Mumbai, focused on Driving Growth through Innovation in the Textile Industry.
TAG meet focuses on growth via innovation
FICCI TAG 2014 conference took place on November 18, 2014 in Mumbai, which was focused on driving growth through innovation in the textile and apparel industry. A white paper on “Driving Growth through Innovation”, prepared by FICCI and Wazir, was also released during the conference.