Intex India 2023

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Black Friday Fuels E-Commerce Boom in India

29 November 2023, Mumbai


E-commerce orders surged 23% during India's Black Friday sale weekend compared to 2022, with over 8.5 million orders processed on the Unicommerce platform.

Brand websites outpaced marketplaces, with order volumes growing 28%. Tier III cities led growth, with a 43% increase in volumes. Fashion and beauty remained dominant categories, while FMCG and eyewear saw an uptick.

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WHY India-Next big market

28 November 2023, Mumbai

India's retail market is poised for significant expansion, with malls set to benefit from rising consumer spending and the popularity of omni-channel retailing.

ICRA predicts trading values to surge by up to 4-5% in FY 2024, while rental incomes are expected to grow by 8–10%.

The rise of omni-channel retailing is driving footfalls to malls, leading to higher occupancy rates and an overall revitalization of the retail sector.

With India's retail space market expected to reach a value of $2 trillion by 2032, the future outlook for malls remains positive.

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India Aims for $40 Billion in Apparel Exports by 2030

06 November 2023, Mumbai


The Indian Apparel Export Promotion Council (AEPC) has set a target of reaching $40 billion in apparel exports by 2030.

The council plans to achieve this goal by exploring new markets, forming strategic alliances, and focusing on innovation, market expansion, product diversification, and ethical and sustainable business practices.

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25 November 2023, Mumbai

IN Brief


February 1st – 4th, 2024
International Convention City Bashundhara (ICCB), Dhaka, Bangladesh

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Sri Lanka Edition of the International Apparel Fair

16 November 2023, Mumbai

Embark on a Fashion Extravaganza 

The Singara Garden Readymade Merchants Association proudly unveils the Sri Lanka Edition of the International Apparel Fair, an immersive showcase of Sri Lanka's vibrant apparel, textile, and accessories industry.

Experience the Essence of Sri Lankan Fashion

Prepare to be captivated by a dazzling array of exquisite designs, innovative fabrics, and trendsetting accessories at the esteemed Sri Lanka Exhibition and Convention Centre (SLECC) from January 30th to February 1st, 2024.

Venue: Sri Lanka Exhibition and Convention Centre (SLECC) 12 McCallum Rd, Colombo-01000, Sri Lanka

Dates: January 30th, 31st, and February 1st, 2024

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India's Textile Industry Embraces Circular Fashion for a Sustainable Future

04 November 2023, Mumbai

WHY India

India's textile industry, which is expected to reach $223 billion shortly, is embracing circular fashion to address its environmental impact. Cotton farming, the main raw material for the industry, consumes about a quarter of the world's pesticides, and textile production generates a lot of waste.

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Circular fashion aims to make the industry more eco-friendly and resource-efficient by eliminating harmful substances, increasing the lifespan of clothes, recycling materials, and using resources wisely. Industry-led initiatives like the Sustainable Apparel Coalition and the Higg Index, a tool to measure and improve sustainability performance, are supporting this transition.
New technologies and practices are also emerging in India to promote circular fashion. Startups like Boheco, Trustrace, Lionise, and Kiabza are exploring new ways of making, selling, renting, and reselling clothes.
The right step in the right direction:
Here are some specific examples of how India's textile industry is embracing circular fashion
Boheco is a Mumbai-based company that is using hemp fiber as an alternative to cotton. Hemp is a more sustainable crop than cotton, as it requires less water and pesticides to grow.
Trustrace is a Chennai-based company that is using blockchain technology to enhance the visibility and accountability of the supply chain. This helps to ensure that materials are sourced from sustainable suppliers and that products are manufactured in ethical conditions.
Lionise and Kiabza are experimenting with new retail models that focus on renting and reselling clothes rather than buying new ones. This helps to extend the lifespan of clothes and reduce waste.
Future Forward
These are just a few examples of the many ways in which India's textile industry is embracing circular fashion. As the industry continues to grow, it is important to adopt sustainable practices to protect the environment and ensure a sustainable future for the industry.

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Indian Textile Industry: A Major Employer & Contributor to GDP

06 November 2023, Mumbai

Why India
The Confederation of Indian Industry (CII) and the Government of Maharashtra jointly organized the TEXFUTURE 2023 Conference on November 1, 2023, where they released a report titled "Decadal Outlook for Textile Industry: Threads of Transformation for Textile Industry" prepared by CII and Primus Partners.

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The report projects that the textile industry will increase its share of the GDP from 2.3% to about 5% by 2030. It also expects a steady annual growth of 9% in Gross Value Added (GVA) from 2021 to 2028.
Maharashtra's Honorable Textile Minister Chandrakant (Dada) Patil launched the report and said that the Textiles Policy 2023-28 is a major milestone in Maharashtra's development journey.
The policy aims to attract Rs 25,000 crore of investments and create 500,000 jobs, with a focus on the growth and sustainability of the industry, including Technical Textiles.
Bright prospects
Dr. Praveer Sinha, Chairman of CII Western Region and CEO & MD of Tata Power Company Ltd, emphasized the huge potential of the Indian textile industry, which accounts for only around 5% of the global trade in textiles and apparel, despite being the world's fifth-largest economy.
He urged for an integrated approach to improve value addition, competitiveness, and sustainability, which would contribute to employment generation and national output.
Policy Intervention
Devroop Dhar, Co-Founder and Managing Director of Primus Partners spoke about the government's initiatives and schemes to support the textile sector, such as the Amended Technology Upgradation Fund Scheme (ATUFS), Production-Linked Incentive (PLI) Scheme, and National Technical Textile Mission, which have incentivized investments in modern technology and infrastructure, thereby enhancing the sector's competitiveness.
Job creator: The Indian textile industry, which employs over 100 million people in textile and allied sectors, is a major employer and contributor to GDP. The industry accounts for around 2.3% of India's GDP and is expected to grow at a steady rate of 9% in the coming years.

5 key insights:

  • Growing industry: Projected to grow 9% annually from 2021 to 2028.
  • Job creator: Employs over 100 million people in textile and allied sectors.
  • Investment potential: Textiles Policy 2023-28 aims to attract Rs 25,000 crore of investments.
  • Government support: Amended Technology Upgradation Fund Scheme (ATUFS), Production-Linked Incentive (PLI) Scheme, and National Technical Textile Mission.
  • Huge potential: Indian textile industry accounts for only around 5% of the global trade in textiles and apparel.

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Reliance Buys Arvind Beauty in BPC Expansion

04 November 2023, Mumbai


Multibagger; Reliance, the prominent retail giant in the country, is poised to deepen & widen its pfootprints in the rapidly expanding beauty and personal Care (BPC) market by buying the beauty retail business of Arvind Fashion, a company promoted by the Ahemdabad based, Lalbhai family.

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UNIQLO Launches LifeScape Booth at CIIE 2023

06 November 2023, Mumbai


Global apparel retailer UNIQLO has officially launched its more than 1,000-square-meter LifeScape booth at the 2023 China International Import Expo (CIIE), taking place from November 5 to 10 in Shanghai.

The booth showcases the company's latest innovations in apparel technology, sustainability, and design, with a focus on the "Art and Science of LifeWear."

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Jio World Plaza

04 November 2023, Mumbai


Indian vibrant retail landscape is set for a remarkable elevation with the inauguration of Jio World Plaza, the country's largest luxury shopping mall, opened on November 1 in Mumbai. 

A swathe of land spans an impressive 750,000 square feet within the Bandra Kurla Complex.

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