Changing Economy Impacts Consumer Trends
The world is changing faster than ever before. With billions of people getting connected to each other in an unprecedented global network, it allows for...
Category : Trade
Tirupur Apparel export units provide bonus at statutory rates
While the most of apparel units in the district of Tirupur are ready to provide Diwali bonus only at minimal rates this year, trade unions...
Govt likely to extend two-year debt moratorium for textile units
The government plans to extend the two-year moratorium for debt repayments by textile units as the units are already struggling caused by the goods and...
Intex South Asia 2019 – International Textiles Sourcing Show of South Asia
The influential and established textiles sourcing show, Intex South Asia 2019, is going to take place at BMICH, Colombo, from 13-15 November 2019. In its...
B2B platform Udaan secures $585 million
Udaan, the Business-to-business (B2B) platform, has secured $585 million from Tencent, Altimeter, Footpath Ventures, Hillhouse, GGV Capital, and Citi Ventures. The round has also seen...
Home textile exporters’ plea to Government
The Home Textile Exporters’ Welfare Association (HEWA) has demanded the government to release pending dues under a taxes and levies rebate scheme. The Home Textile...
Textile industry seeks steps to boost exports
The textile industry has sought immediate release of refunds under various government schemes to ease the liquidity crunch faced by manufacturers and exporters. In a...
Cheaper yarn imports hurting domestic textile players
Imports of cheaper yarn from countries such as China and Indonesia are hurting India’s textile industry. A large number of small and medium yarn producing units are on...
Bhiwandi on the Verge of Extinction
Bhiwandi, once known as the ‘Manchester of India’, is on the verge of losing its identity due to the global slowdown. Bhiwandi, once known as...
Is Rented Apparels the Future of Fashion?
The global online clothing rental market size is expected to reach USD 2.09 billion by 2025 and is anticipated to register a CAGR of 9.4%...