Search Results for: India
10 results out of 2488 results found for 'India'.
INDIAN CLOTHING SECTOR PREDICTS MAJOR SALES GROWTH FOLLOWING ANTICIPATED EU TRADE DEAL
The Indian garment manufacturing industry is optimistic about the impact of a free trade agreement (FTA) between its country and the European Union (EU), which it thinks could be concluded next year (2023).
“It would be a game changer,” Gautam Nair, chairman of the export promotion committee of India’s Apparel Export Promotion Council told Just Style, highlighting how an anticipated “9.6 to 12 percent duty [reduction] makes a big difference in our competitive business.”…
TECHNICAL TEXTILE SECTOR ROCKED BY INFLATION – BUT HAS LATEST STRENGTHS TO PROSPER NONTHELESS
The technical textile market looks set to ride out current turbulence caused by inflationary and geopolitical pressures, including Russian militarism, with a projected uptick in global performance – research and industry commentators predict. But plans for onshoring and innovation investments might be delayed as day-to-day costs continue to rise.…
SRI LANKA’S TEXTILE AND KNITWEAR SECTORS MAINTAIN MOMENTUM, BUT MEDIUM-TERM OUTLOOK IS CHALLENGING
Sri Lanka’s unprecedented economic and political crisis escalated early this week (July 9) amidst mass public protests forcing the country’s now former President Gotabaya Rajapaksa to flee the country to Maldives, before finally quitting the top job yesterday. Notwithstanding the chaos, its textile and knitwear and woven apparel sector has so far managed to keep the industry afloat so far.…
RESEARCHERS DEVELOP WIDESPREAD TOBACCO SECTOR USES FOR WONDER MATERIAL GRAPHENE
From boosting root growth to nicotine detection, weeding out carcinogens, cleansing filters and promoting sustainability and smart interaction with retailers and smokers, researchers are suggesting that the so-called ‘wonder material’ graphene has a plethora of uses within the tobacco industry.…
SRI LANKA’S APPAREL SECTOR: CONTINUITY AMID CHAOS, BUT LONGER-TERM OUTLOOK THREATENED
The rapid escalation of Sri Lanka’s political and economic crisis, causing its former President Gotabaya Rajapaksa to flee the country and resign, has had far-reaching implications for the country’s clothing and textile manufacturing sector, which plays a crucial role in the nation’s economy.…
GROWING INDIAN PREMIUM SPIRITS MARKET FUELLED BY RISING INCOMES AND FALLING PRICES
India’s premium spirits market is growing fast with rising incomes and sharply falling prices in many states boosting sales. India’s gross national income per head in 2021 was USD7,220 compared to USD4,190 in 2010, according to World Bank data. With more money, “Indians are drinking better, but unlike the west [also] drinking more,” Ruchika Gupta, marketing director of Beam Suntory told Just Drinks.…
CHARACTER-BASED RECRUITMENT MAKES SENSE AS FRAUD CASES GROW FAST
With corporate fraud rising fast, “hiring for character as well as competence is now the hottest trend” in recruitment practice, Bruce Weinstein, a high-profile USA-based business ethics speaker has told Fraud Intelligence. Securing honest senior managers and board members matters, said the self-styled ‘The Ethics Guy’, who has worked for All State Insurance, the National Football League, Northrop Grumman, the South Carolina National Guard, and more: “It is not only possible to do this; it is essential,” Mr Weinstein stressed.…
INDIAN PASHMINA PRODUCTION TO RECEIVE BOOST FROM GEOGRAPHICAL INDICATION PROMOTION
India’s production of pashmina, the most exclusive of the cashmere fibres, is to receive an important government boost through acquiring a geographical indication (GI) from India’s Geographical Indications Registry for product sourced and spun in the Himalayan region of Ladakh.
The government of the union territory of Ladakh, which runs the mountainous territory in which Indian pashmina is producer applied for the GI certificate last year (2021) and hopes to receive authorisation the next few months.…
CHINA COVID-19 TRADE DISRUPTION WORRIES AUSTRALIAN WOOL EXPORTERS
With the lifting of the Covid-19 induced lockdown in Shanghai at the start of June, the world’s largest wool exporters are hoping for less disruption to their business with China. But ongoing Covid outbreaks in the country, alongside the government’s continued zero-Covid policy, whereby cities are closed to control infections, and a backlog at its ports, are still causing concern.…
ARTIFICIAL INTELLIGENCE BOOSTS CUSTOMISATION
INTRODUCTION
Customisation is a key trend for a clothing and textile industry that looking to harness new technology to deliver consumer choice and flexibility over supply chains, including reshoring. The advent of artificial intelligence (AI) and machine learning, in addition to widespread automation of processes throughout the garment supply chain, has been hailed as a game changer.…