Category: Textiles
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Textiles and Apparel Manufacturing: Competition from Low-Cost Countries
The Indian textile and apparel industry, long a backbone of the country’s economy, now faces mounting challenges from neighboring nations like Bangladesh and Vietnam. As these countries offer lower production costs, Indian manufacturers are grappling with increasing competition, particularly in the export market. The Rise of Low-Cost Competitors Bangladesh and…
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Textile Sector Focus: Mega Investment Textiles Parks (MITRA)
The textile industry in India holds a pivotal position in the country’s economy, both as a large employer and as a significant contributor to exports. With its rich history and deep-rooted connection to India’s cultural heritage, the sector has evolved to become one of the largest producers of textiles in…
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The Future of Indian Textile Exports
In recent times, the global textile industry has witnessed significant shifts, influenced by various factors like changing fashion trends, increased sustainability demands, and political developments in neighboring countries. Among these, the political landscape in Bangladesh, a key player in the global textile sector, stands out. The recent election outcomes and…
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Sustainability in Indian Exports
In an era marked by unprecedented climate change challenges and environmental degradation, the imperative for sustainable practices in global trade has never been clearer. For India, a country known for its diverse exports, the integration of sustainability into export strategies is not just an option—it’s a necessity. Industries such as…
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Implications of New UK Government for India
The election of a Labour government in the UK is not expected to significantly impact India-UK ties or financial markets in the short term. According to Arnab Das, Global Market Strategist at Invesco, the change in power from the right to the center-left is largely priced in and will not…
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The Future of Geotextiles in India
Introduction Technical textiles play a crucial role in various industries, including construction, healthcare, automotive, agriculture, and many more. These textiles are designed to have specific functionalities and properties that go beyond the traditional use of fabrics for clothing and fashion. The National Technical Textiles Mission (NTM), initiated by the Ministry…
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Potential of Geotextiles in Civil Engineering
The topic of geotextiles holds immense importance in the field of civil engineering and textile. India, with its diverse climate, offers a rich landscape for exploring the potential of geotextiles in various applications. Geotextiles, as the name suggests, are textiles specifically engineered to be used in geotechnical and civil engineering…
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Impact of China’s Textiles Export to India
Introduction: The Indian textile industry has been one of the country’s most significant sectors, contributing to GDP growth, employment, and exports. However, the industry faces significant challenges due to the increasing textile imports from China. This report aims to analyze the impact of these imports on the Indian textile industry…
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Early Fruits of PLI Scheme
Introduction The Production Linked Incentive (PLI) scheme in India has emerged as a game-changer, promoting growth and innovation in various sectors of the economy. Aimed at boosting domestic manufacturing and reducing imports, the scheme provides financial incentives to eligible firms on incremental sales for a five-year period. With its emphasis…
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Evolution of 3D knitting Technology in Footwear sector.
The footwear global sector is a thriving industry, projected to reach a value of $725.1 billion by 2032. This growth can be attributed to various factors, such as consumer preferences, fashion trends, technological advancements, environmental consciousness, and economic conditions. Within the global footwear market, different product categories, regions, and types…
