India is a centre of attraction for almost the entire world as it is a country with around 62% of its
population in the working age group (15-59 years) and more than 54% of the total population below
25 years of age.
RAKESH VAID who has recently been elected as the Chairman of ATDC, spoke
to Team Perfect Sourcing about various skill-training programmes and their role in
adding value to the textile and garment industry. He highlighted that the vision of
ATDC is now to upgrade the existing courses and introduce continuing education so
that workers can advance themselves.
India's Apparel exports have
shown a decline of 10.25% for
the month of February 2018
against the corresponding
month of February 2017, as per the
latest trade data. The Indian RMG
exports were to the tune of
approximately USD 1.44 billion in
February 2018 against the
corresponding month of February 2017,
approximately USD 1.60 billion.
India's exports to the United Arab Emirates include precious metals, gems, jewellery & stones, petroleum products, minerals, textiles (apparel, garments, cotton, yarn, synthetic fiber), chemicals, engineering and machinery products and Food Items (sugar, cereals, vegetables & fruits, tea, seafood and meat. There has been many up and downs in precious products exports to UAE but it has been always on top of exported products.read more
You must be thinking why I have used such a title. My answer to this implicit query is that 'demand and supply ' is the most underrated subject within our industry, as for many years, demand has not met supply. Be it fabrics required to make innovative garments, cotton supply, skilled workers, schemes for betterment of business and their implementation, institutes that can fulfill the ever increasing quest for good talent and expertise, all remain a huge demand for the Indian apparel industry.more
The concept of fast fashion is accelerating rapidly these days, because of which retail chains all over the world are expanding operations. This in turn has put a lot of pressure on companies to come up with new products in a fashionable and innovative product range in a rather tight span of time. Does such a scenario pitch pressure on your design and research team to come up with innovations very often? Do you think this is a good factor for business or should the pace of fashion be modified so that every collection gets its share of prominence and popularity?more