19 April 2022, Mumbai:

Despite shipments surging over Rs 33,000 crore in FY22, the future ahead looks tough for knitwear exporters in Tiruppur as raw material prices have increased due to the pandemic outbreak.

As per the Tiruppur Exporters’ Association, in the last 18 months, prices of cotton yarn increased steadily along with accessories prices.

MSMEs in Tiruppur are being compelled to execute their orders at increased prices, despite incurring losses or getting a wafer-thin margin.

ALSO READ TEA, Tirupur: Knitwear exports contributed 1% of India's exports in FY22

Exporters demand new schemes Raja M Shanmugham, President, TEA says, the crisis needs to be addressed on a war footing.

The Centre needs to announce a new scheme like ECLGS to allow MSMEs to avail of additional credit facility of 10 to 20 percent of the existing limit, he adds.

Knitwear exporters in Tiruppur are being compelled to complete committed export orders for the same price of garments, as buyers are not inclined to increase prices.

RELATED NEWS TEA advocates for a two-year extension of the IES on pre-and post-shipment rupee export credit

Exporters are also facing a decline in the number of orders being placed compared to the corresponding period of last year.

Training workers to match global standards Currently employing 600,000 workers, Tiruppur directly houses the most number of women entrepreneurs and migrant workers from the north and northeast.

The city contributes about 60 percent of total knitwear exports from the country and exports only cotton-based garments.

RELATED NEWS Tirupur exporters meet FM, urging to help SMEs

This offers it ample scope to increase its share in the global market by focusing on value-added and synthetic products, adds Shanmugham. The association plans to construct 100,000 houses for its garment workers.

This would enable laborers to shift permanently from their home villages to these industrial clusters.

The houses will have all required amenities, says TEA.

The association is also training existing laborers to compete with global players like China, Korea, Bangladesh, and Vietnam.

It is seeking the Centre’s help to upskill workers to match global standards. Its primary goal is to enhance current exports turnover to around Rs 1 trillion in another two to three years, adds S Sakthivel, Executive Secretary, TEA.

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CREDITS: The Tiruppur Exporters’ Association

12 April 2022, Mumbai:

Navyasa by Liva will now be available and Mumbai’s most premium destination - Phoenix Palladium mall.

Navyasa by Liva; a contemporary saree brand from the house of Aditya Birla Group, expands its retail presence with the opening of its fifth store at Phoenix Palladium, Mumbai. Located in South Mumbai, Palladium is inarguably the most premium shopping destination in the city.

Endorsed by Deepika Padukone, navyasa by Liva brings a modern and revolutionary take on the saree with their contemporary designs.

ALSO READ Navyasa by Liva ropes in Deepika Padukone as brand amabassador

To celebrate the launch, fashion influencers Juhi Godambe, Rupali Hasija (Curl Girl), Naina Ahluwalia, and Prerna Chhabra visited the store and experienced the sarees. Located on Level 2 of the mall, the store is aesthetically designed to suit the fashion sensibilities of the young audience with its artfully decorated and vibrant interior just like the saree collection itself.

The store will be an experience in itself with a magic mirror which is a digital marvel for shoppers. Navyasa by Liva is the first saree brand to use magic mirror, a cutting-edge digital technology.

It allows you to browse and virtually try on 150+ saree styles. Navyasa by Liva sarees are fluid, flowy and are made with nature-based fabric Liva.

RELATED NEWS Navyasa by Liva; Aditya Birla Group, saree brand expands retail presence

They allow women to move around with spirited optimism and #freetobe in their element as well as explore life comfortably whether at work, party, lunch, or a cafe.

The collection features ethereal prints and chic styles. Each saree tells a colour-rich story with a modern twist.

The unique bold designs and diverse themes are designed to allow style to converge with fashion. Renowned designers Abir and Nanki, along with the internal design team at Liva have been instrumental in bringing the collection alive.

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To cater to their largest clientele, which is the contemporary, urban women, Palladium Mall is the ideal location for the brand’s latest expansion.

Home to the most exquisite Indian and global luxury brands; Palladium attracts the city’s finest and most exclusive patrons.

Mr. Rajnikant Sabnavis, Chief Marketing Officer, Grasim Industries (Pulp and Fibre), said, “Navyasa by Liva has received a great response from new-age women and is witnessing a consistent rise in demand.

The brand is an ode to true contemporary, cosmopolitan Indian women who believe that style is a combination of fashion and comfort.

After the success of our four flagship stores, the natural next step was to launch additional stores in relatable spaces which cater to our audience.

Phoenix Palladium fits the criteria in every way.” Navyasa by Liva flagship stores are also operational at Ambience Mall Vasant Kunj, DLF Saket in Delhi, Orion Mall in Bangalore, and Inorbit Mall in Mumbai.

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11 April 2022, Mumbai:

GBM FABRICS TO PARTICIPATE IN THE CMAI FAB SHOW.

Manufacturer, wholesaler, and exporter of dyeing fabric, digitally printed fabric, dyed fabric, and embroidery fabric, GBM Fabrics will showcase its range of products at the upcoming CMAI Fab Show to be organized by the Clothing Manufacturers Association of India (CMAI) from April 11-13 in Mumbai, India.

ALSO READ CMAI applauds Union Budget 2021-22

The products to be showcased by GBM Fabrics include crepes, chiffons, georgette, and satins. These products feature shrink resistance, unique colour combination, mellowness, gorgeous patterns, and pocket-friendly prices.

Its range is suitably processed making use of optimum grade fabric, at its manufacturing facilities. CMAI Fab Show will be held at the Jio World Convention Centre in Mumbai.

RELATED NEWS CMAI: Covid19 made apparel brands & consumers price conscious

The FAB Show – Fabrics, Accessories and Beyond – will also host over 250 exhibitors that include manufacturers and suppliers of fabrics and accessories, machinery manufacturers, washing units, packaging units, embroiderers, printers, real estate, and apparel park developers, and software developers.

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18 April 2022, Mumbai:

Work-from-home, coupled with an elevated concentrate on health throughout the pandemic, has given new wings to the athleisure attire section, which is projected to keep up momentum even post-pandemic.

Brands on this house are increasing with experiential shops in 2022, to make inroads into tier-II and tier-III cities.

ALSO READ Athleisure, staples one needs to create a comfortable & stylish look

According to Ankur Bisen, senior associate and head (client, meals, and retail), Technopak Advisors, the section witnessed around 15% development throughout the pandemic and would proceed to develop at an identical charge this yr. Analysts peg the Indian athleisure market at over `54,000 crore.

‘Stretching’ past metros

Manufacturers resembling Jockey and Enamor, which began off as innerwear specialists, have seen athleisure change into their fastest-growing section, and at the moment are trying to increase outdoors metros, transferring into tier-II and tier-III cities.

Karthik Yathindra, chief advertising officer, Jockey India – Web page Industries, shares that Jockey Athleisure and Jockey Transfer at the moment are mainstays within the total portfolio, throughout all gross sales channels.

RELATED NEWS Tata CLiQ sees exceptional growth in ‘at home’ fashion and athleisure

Athleisure varies at the moment and contributes to about 25% of the corporate’s income. “We’re current in about one-fifth of the geography of India, and our goal is to amplify our presence 5 occasions over in our key markets,” he says.

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CREDITS: Financial Express Business Khabar Invest Medium (The news article has not been edited by DFU Publications staff).

09 April 2022, Mumbai:

Welcoming the India-Australia trade pact, Apparel Export Promotion Council (AEPC) has said that the free trade deal would do away with the duty disadvantage faced by Indian garment exporters in Australia vis-a-vis rivals from China and Bangladesh.

Australia is the largest apparel importer in the southern hemisphere.

ALSO READ Prime Minister Narendra Modi's 4 points strategic pathway aiming at $400Bn exports in FY22

Indian apparels currently face an average tariff of 4.8% in Australia as against zero duty for apparel from China and Bangladesh.

Duty-free access to Indian apparel will bring us at par with global competitors and make our products competitive, said, AEPC Charman Narendra Goenka on Sunday. He said that the deal will give further fillip to exports, employment, and investment in the country's apparel industry.
Women constitute around 70% of the 14 mn workforce which is predominantly in the MSME segment.

RELATED NEWS India may become the world’s garment factory in 3 years: Chairman, AEPC

India and Australia on April 2 signed ECTA covering almost all the tariff lines dealt in by India and Australia respectively.

As per the deal, India will benefit from preferential market access provided by Australia on 100% of its tariff lines.

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CREDITS: UNI (The news article has not been edited by DFU Publications staff)

18 April 2022, Mumbai:

J&K got investment offers of over 52,000cr last year.

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CREDITS: TOI Dt 18-04-2022 (The news article has not been edited by DFU Publications staff)

08 April 2022, Mumbai:

Noida Apparel Export Cluster (NAEC) 

Started in July 2007, the Noida Apparel Export Cluster (NAEC) has come a long way and today with over 100 members and a strong support from Apparel Export Promotion Council (AEPC), the Cluster has become a source of strength in terms of knowledge, motivation and trouble shooting for the Apparel exporters in Noida.

NAEC has brought Exporters of Noida under one umbrella and is helping foster exchange of ideas and know how amongst its members and also co-ordinating with various Government and non-Government agencies to protect the interests of the Noida Exporters and help in the growth and development of the Industry.

Besides organizing innumerable well received workshops and seminars on issues like Quality, Productivity, Forex Risk Management, VAT, Sales Tax, Production Planning to name a few, the Cluster has also initiated long-term development programmes, the latest of which is the modernization of the Power Loom Industry in UP.

A pilot run at Tanda is already underway. The cluster has successfully completed a Lean Manufacturing program successfully under the MSME. Very few clusters have been able to achieve this distinction.

The apparel industry in Noida is betting big on the 22nd Global Textile Trade Fair in the US to tide over the Covid-induced losses.

Conceptualised by the Union textile ministry, the three-day fair is being organised by the Apparel Export Promotion Council (AEPC) and the Noida Apparel Export Cluster (NAEC) in Atlanta from June 9 to 11, with an aim to promote exports of ready-made garments and textile exclusively to the US.

ALSO READ Russia at war: NAEC, Apparel Industry takes a hit

This would be the first textile trade fair with pan-India representation in the form of a cluster of pavilions covering various states of the country, according to the organisers.

There will be a special pavilion — ‘Noida, the City of Apparel’, comprising 19 stalls — at the fair, where business worth US$ 250 million is expected. “There will be no competition with suppliers from other countries,” said Lalit Thukral, regional head of AEPC-North India and president of NAEC.

“The fair will not only strengthen the trade between India and the US, but will also give recognition to Noida as the ‘City of Apparels’.

RELATED NEWS Make vaccines available for Noida exporters, urges NAEC

The exhibitors from Noida will be able to target Canada and South America markets in the fair,” he said. Of about 3,200 factories in Noida engaged in apparel manufacturing, some 1000 are engaged in exports.

“In this, while the overall investment is around Rs 10,000 crore, the readymade garment exported annually from Noida is approximately worth Rs 30,000 crore,” said Thukral.

Moreover, the apparel sector in Noida provides employment to more than 10 lakh people, where 70% comprise women.

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CREDITS: NAEC TOI Pakki Khabar (The news article has not been edited by DFU Publications staff).