22 July 2022, Mumbai:

China Penalty Tariffs on Finished Textiles & Apparel Give U.S. Companies a Chance to Compete and are a Powerful Trade-Negotiation Tool, NCTO Tells U.S. International Trade Commission.
Section 301 penalty tariffs on finished Chinese textile and apparel imports give American manufacturers a chance to compete and provide trade officials with an essential trade negotiation tool, the National Council of Textile Organizations (NCTO) told a key government panel today in a formal written submission.

Removing them, the association said, would reward China, put U.S. manufacturers at a competitive disadvantage and do nothing to reduce inflation.

ALSO READ  China loses 2nd biggest export market tag for "Indian Cotton Yarn"

Those were among the key points outlined by NCTO President and CEO Kim Glas in a written testimony submitted to the U.S. International Trade Commission during three days of hearings on the economic impact of Section 301 China tariffs and Section 232 steel tariffs on U.S. industries.

ALSO READ Russia: As western fashion businesses pull out it looks to China & India

The 301 penalty tariffs should be maintained “absent substantive improvements in China’s pervasive, predatory trade practices,” Glas said in her testimony.  China’s illegal actions “have put U.S. companies at a serious disadvantage, and tariffs give American manufacturers a chance to compete.”

Glas noted that U.S. trade officials have “stressed that the penalty tariffs also create leverage and are a ‘significant tool’ in ongoing negotiations with China.”

RELEVANT NEWS  Anti-China Sentiments: Indian Textile Sector Is In A Sweat-spot 

While some advocates for lifting the tariffs point to concerns about inflation, Glas said, “canceling these penalty duties would do little to ease Americans’ inflationary pains.” She also noted that “apparel prices out of China continue to hit rock bottom even with the Section 301 tariffs in place.

As detailed in an economic study recently released by Werner International, U.S. import prices for apparel from China have dropped 25 percent since 2019 and 50 percent since 2011.”

RELEVANT NEWS How Real Is the Shift Of Apparel Orders From China To Vietnam

Glas also warned that lifting the tariffs would have “a substantial negative ripple effect” on U.S. free-trade agreements, including undermining those with Western Hemisphere partners that have established shorter coproduction supply chains and serve other U.S. and regional interests.

The Section 301 tariffs were first imposed in 2018 in response to China’s persistent violations of intellectual property rules. By law, they are now under review. 

RELEVANT NEWS Covid Induced Supply Chain Constraints Of China And Its Impact On the Textile Sector

NCTO represents the full spectrum of the U.S. textile industry, from fibers to finished sewn products.

NCTO is a Washington, DC-based trade association that represents domestic textile manufacturers.

RELEVANT NEWS  (China + 1) Strategy: Driving Global T&A Supply Chains

U.S. employment in the textile supply chain was 534,000 in 2021.
The value of shipments for U.S. textiles and apparel was $65.2 billion in 2021.
U.S. exports of fiber, textiles, and apparel were $28.4 billion in 2021.
Capital expenditures for textiles and apparel production totaled $1.85 billion in 2020, the last year for which data is available.

Join our community on Linkedin

21 July 2022, Mumbai:

“Way forward for Indian textile sector is companies are required to go vertical augmenting scope & scale by foraying into apparel manufacturing plants/value addition if Indian textile sector were to raise its market share in the global textile trade deeply integrating into supply chains”, Mr Sanjay Lalbhai, doyen of the Indian textile industry and CMD of Arvind Ltd informed delegates at one of the conferences.

From fibre, yarn, and fabric to garments, India's textile and apparel industry has strengths along the whole value chain. The traditional handloom, handicrafts, wool, and silk items, as well as the organised textile industry in India, constitute a large portion of the widely diversified Indian textile and apparel market.

The organised textile sector in India, which encompasses spinning, weaving, processing, and garment production, is characterised by the employment of capital-intensive equipment for the mass production of textile items.

ALSO READ  Indian Textile Industry: Challenges & Opportunities

From April 2016 to March 2021, Italy, Japan, Mauritius, and Belgium will have contributed the most foreign direct investment (FDI) to India's textile industry (including dyed and printed textiles).

India's textile and apparel (T&A) exports, which include handicrafts, reached a record high of $44.4 billion in FY 2021–22, a significant rise of 41% and 26% over the corresponding amounts in FY 2020–21 and FY 2019–20, respectively. 40–50 million workers in related industries as well as 5.8 million farmers depend on cotton cultivation.

Additionally, the $75 billion in domestic consumption was broken down into $55 billion for garments, $15 billion for technical textiles, and $5 billion for home goods. 

ALSO READ  Anti-China Sentiments: Indian Textile Sector Is In A Sweat-spot 

While exports included $12 billion in garment exports, $4.8 billion in home textile exports, $4 billion in fabric exports, $3.8 billion in yarn exports, $1.8 billion in fibre exports, and $2 billion in other exports. 

RELEVANT NEWS  How Much Is Depreciated Currency Supporting the Indian Textiles Sector

The Production-Linked Incentive (PLI) Scheme in Textile Products for Improving India's Manufacturing Capabilities and Improving Exports - Atmanirbhar Bharat - has received approval from the Union Cabinet, which is presided over by Prime Minister Shri Narendra Modi.

1. Out of 67 applications filed, 61 applicants have been granted approval under the Production Linked Incentive (PLI) Scheme for Textiles.

2. The government eliminates the import tax on cotton.

3. The programme consists of two parts. Part 1 requires a minimum investment of INR 300 crore and a minimum turnover of INR 600 crore to qualify for an incentive. Part 2 requires a minimum investment of INR 100 crore and a minimum turnover of INR 200 crore to qualify for an incentive.

RELEVANT NEWS Vietnam To India: How Can the Indian Textile Sector Benefit 

It makes sense that Vietnam and Bangladesh, which export more textiles than China alone, are third and fifth, respectively, in the current World Trade Organization data assessment. India's exports have decreased 20% from 2016–17, reaching $29 billion in 2020–21, according to the Ministry of Commerce.

According to Wazir Advisors, the domestic market has decreased 30% in the last year, to $75 billion in 2020–2021; the firm predicts that the market will increase to $190 billion in 2025–2026. 

RELEVANT NEWS  Srilanka Economic Crisis & Its Favourable Impact On the Indian Textile Sector 

Growth is essential since the textile industry employs about 45 million people and provides between 2 and 3 percent of India's GDP, 7 percent of industrial output, and 12 percent of export revenues.

RELEVANT NEWS 6. How Favourable Is Rupee's Precipitous Fall For Indian Textile Sector 

In order to support its growth, the government unveiled a Rs 10,683 crore production-linked incentive scheme in September. Its goal is to boost the production of technical textiles, which are used to create items like sportswear, fishing nets, and disposable medical equipment.

Manufacturers have the option of investing either at least Rs 100 crore or at least Rs 300 crore and achieving a turnover that is at least twice as large comparisons.

A quick comparison with competing global apparel manufacturers in the developing world mirrors that the problem is quintessential to our internal conditions and then external factors.

This “shrinking global trade” argument has been made many times before too as an excuse for justifying India’s Textile trade & commerce below par performance in the exports.

Join our community on Linkedin

16 July 2022, Mumbai:

Core Philosophy

The apparel/readymade garments trade is typically subdivided into the following categories: women's outerwear/innerwear, men's and boys' summer/winter/work/outerwear, children's ready-to-wear, swim/beachwear, and lingerie.

Utilizing recycled resources is commonplace now, albeit it is practically unheard of in any other industry to produce artificial fibers. In the modern world, recycling is crucial if we want to preserve the earth for the next generations.

Since there is the creation of new items from old, useless ones, it benefits the environment.

ALSO READ Ridhi Mehra launches affordable ready-to wear- line Wildflower

The business said in a news statement that Ridhi Mehra, known for her sumptuous traditional wear, has expanded into fusion wear with her new line Wildflower.

The line's lower price point is intended to make it more accessible to brand aficionados and increase the consumer base for the label.

Dawn of Love reflects the true spirit of love and celebrations.

ALSO READ  Reliance Brands’ consumers step up affordable luxury purchases 

She is prepared to envelop the ideal moments in fascination as the world learns about the lovely intricacies of tiny, private weddings. Dawn of Love honors the true spirit of festivals with silhouettes created for and by love.

The vibe is contemporary, despite the traditional shapes. With a blend of traditional Indian aesthetics and European inspirations, Ridhi Mehra's brand epitomizes a distinct passion for vintage. 

RELEVANT NEWS  Sustainable but affordable Fashion 

According to the firm, the collection aims to obliterate distinctions between Indian clothing and streetwear.

The brand combines its slouchy designs with a flamboyant style, including a lively color scheme, exuberant mixing of patterns, and color blocking. The collection's standout items include patterned kurtas, matching sets, flared pants, and jackets with belts in a throwback design.

Are global consumers ready to embrace sustainable fashion? 

According to a KPMG report," Net support of the sustainable fashion concept is at 49 percent in Tokyo, 55 percent in New York, 54 percent in London, and 71 percent in Hong Kong, with Shanghai in the lead at 90 percent.

RELEVANT NEWS StyleOff: Promise to bring best quality products from all styleoff categories at affordable price

Now is the moment to realign our buying habits to a more thoughtful approach since the globe is eager to assist small companies. Instagram has launched a new Support Small Business sticker in stories, just in time as businesses worldwide start to grow again.

In a simultaneous speech to the country, Prime Minister Narendra Modi urged citizens to assist local products to get recognition on a worldwide scale, saying it is time to become outspoken about our products. 

RELEVANT NEWS  Bavincis to offer 'affordable luxury'

Libas, an affordable clothing company from India that targets the mid-segment market, expanded by setting up its first physical locations in Delhi in September of last year.

By 2025, it hopes to have 200 more of these arrangements. 

RELEVANT NEWS Ikea India to make products more affordable through increased local sourcing 
Trade per se has a unique role to play in supporting a shift to affordability in global supply chains. In particular, the core commitment to aligning the consumer's interest thus providing an optimum value for money/return on investment (ROI).

In the past several years, several small and mid-segment firms that deal in ethnic and fusion clothing, western wear, and leisure wear have risen due to the pandemic's start and its impact on consumer incomes and purchasing patterns.

Both known and emerging companies, conscious of the market's untapped potential, have assembled collections of distinctive and reasonably priced apparel for Indian women to try. Thanks to the digital wave, these collections are also being purchased.

Short Message

The article is trying to articulate giving readers valuable insight into what consumers are thinking, and the belief that the market is there for affordably sustainable RTW fashion.

Both known and emerging companies, conscious of the market's untapped potential, have assembled collections of distinctive and reasonably priced apparel for Indian women to try. Thanks to the digital wave, these collections are also being purchased.

Join our community on Linkedin

21 July 2022, Mumbai:

Apparel 4.0 involves many new technologies like the internet of things (IoT), cloud computing, Big Data, etc.

Where apparel 1.0 starts with a mechanical weaving loom industrialization, apparel 2.0 marked its significant presence when Isaac Singer patented the first sewing machine in 1851.

ALSO READ The emergence of industry 4.0 technologies in 'Textiles & Apparels'  

The effect of this stage in the apparel and clothing division is that the sewing machine began to be formed successively. The cloth production and its consumption increased impetus by this stage. Far along, sewing machines started to be cast- off in further production areas, such as shoes. After a very long interval of time in 2002, Apparel 3.0 came into the picture, once ICT progressed in the industry.

The evolution from analog to digital technology was accomplished using integrated systems found in the developments in fiber optics cables, microprocessors, telecommunication domains, and software domains.

ALSO READ Best 10 Apparel Factories In India 

Now in the 2020 era, Apparel 4.0 technologies tangled the internet of things (IoT), cloud computing, Big Data, autonomous robots, three-dimensional (3D) printing, augmented reality, virtual prototyping, horizontal and vertical system integration, and cyber-security.

Apparel 4.0 is perceived by people with its implementation, such as a reduction in energy consumption of around 15%, an increase of up to 25% in work efficiency, more assertive decision-making, improvement of processes, and balance between life and work.

Within the context of this revolution, cyber-physical systems and the Internet of Things (IoT) can interconnect with everyone and persons in real-time. 

RELEVANT NEWS How Will The Future Smart Apparel Factories Look! 

It is high time Government looks into these 'Apparel 4.0 as Industry' technologies as high-priority sectors and creates world-class technology companies that will make India truly "Atmanirbhar" and bring foreign currency on export.

Some strategic actions taking place in some countries and in Brazil, the adoption rate is 29% for this sector.

At the same time, India is the fifth largest textiles and Apparel exporter globally. Influential supplier firms may be well-positioned to invest in and benefit from automation through more than ten consistent quality, improved efficiency, and environmental sustainability.

In addition, automation might aid in satisfying consumer demand for customized goods. However, several obstacles to automation are also there.

The first relates to remaining technical bottlenecks that prevent the automation of apparel and footwear assembly. Economic impediments are also associated with high technology costs in an industry with tight margins and, sometimes, fleeting supplier-brand relationships. 

RELEVANT NEWS Vietnam Apparel Industry's Best Practices

The first relates to remaining technical bottlenecks that prevent the automation of apparel and footwear assembly. Economic impediments are also associated with high technology costs in an industry with tight margins and, sometimes, fleeting supplier-brand relationships.

Another obstacle concerns the workforce and shifting skills needs. Also, the future skills in the opportunity of Apparel 4.0 are comparatively new. Hence, the scarcity of experienced workforces in these technologies is an unadorned limitation.

RELEVANT NEWS  FICCI Industry 4.0 awards & national conference on 5th May

The end is to get the product in the hands of the customer as quickly as possible at a reasonable cost.

I believe the environmental aspect will be the biggest driver for new technologies and automation in our industry.

I would say that automation is at a very beginning stage in apparel due to the fabric's nature, which is flimsy and not so rigid; it is very hard. The most significant disadvantage of automation today in our setup is that there is a borderline to how flexible it is. 

RELEVANT NEWS Bangladesh is back to being the world’s second-largest apparel exporter: Export Promotion Bureau (EPB) report

You will meet automation challenges requiring a different workforce to help you on the software and maintenance sides of these automated lines.

There are many opportunities to look at small, low-cost devices that assist the worker in doing part of the job.

I do not think it is about reducing the workforce.

It is about increasing the output with the workforce that you have.

CREDITS: Mr. Sumit Kumar and Dr Deepak Mehra, Assistant Professor (NIFT, Bhubaneswar)

Join our community on Linkedin

17 July 2022, Mumbai:

During festivals, one of the ideal times for fashion designers to exhibit their artistic and creative notions via the most recent fashion trends and consumer purchasing behavior in India. Festivals are built on culture and provide a venue for honoring diverse facets of existence. They provide passion, joy, and sparkle to our lives.

Now is the time to enjoy special moments with loved ones and friends while embracing current fashions. Festivals do affect our wardrobe preferences and shopping behaviors in India. The celebrations are all religious.

ALSO READ  First week online festival sales in India rise by 23%: RedSeer Consulting 

Each tradition's beauty and importance come to life in its celebrations. There are many possibilities to participate in celebrations when one is a member of the Indian culture. Due to cultural variety, each event may be grandly and magnificently observed.

Festivals affect fashion since they offer the best opportunity to try out novel ideas and trends. What about Indian celebrations inspires individuals to dress traditionally? Indians hold their culture and traditions in the highest regard and deeply respect them.

ALSO READ Reliance Trends to launch shopping festival offering heavy discounts

Festival dress is an expression of love, respect, and appreciation for one another and a nod to the long-standing customs that have been passed down through the generations since the beginning of time.

Such attire gives off a distinct historical and cultural atmosphere that makes each wearer proud while making them appear lovely and fashionable.

In India, we embrace traditional or ethnic clothes, which influences our clothing choices and, by extension, our shopping habits. Near holiday seasons, the newest men's and women's fashion is best displayed. 

RELEVANT NEWS Flirtatious, swimwear brand celebrates launches new logo 

Since fashion firms announce their newest collections around holidays, celebrations play a significant role in forming fashion trends. Festivals are a component of fashion, and they influence upcoming trends.

These are the kinds of events that everyone wants to mark elegantly and attractively. In celebrations all around India, people dress up in modern clothing with ethnic overtones. Several events offer chances to test out fresh looks and fashions. Festivities like Baisakhi, Durga Puja, Diwali, Pongal, Eid, and several others are celebrated while dressed traditionally.

It permits experimentation and imagination while coming up with outfit ideas.

RELEVANT NEWS StyleOff: Promise to bring best quality products from all styleoff categories at affordable price

Whether purchased online or at a store, festive clothing is highly fashionable and attracts attention. It changes Indian customers' buying patterns. As celebrations get closer, demand for clothes drastically changes as festivals take over as the primary driver of garment purchases. Since everyone is experimenting with various colors, jewelry, and ethnic possibilities at this time, the fashion sector is particularly active.

However, as fashion tastes shift, casual ethnic dress has become the favored choice as time passes. Ethnic clothing, including salwar-kameez, kurtas, palazzos, dhoti pants, and sharara suits, became trendy during these periods. 

RELEVANT NEWS PUMA: Celebrates This Women’s Day In A Style 

The ethnic wear industry in India was worth over Rs. 925 billion in 2018, and it is projected to grow to a staggering Rs. 1.7 trillion by the year 2023, according to Statista.

The main drivers are the recession-proof Indian wedding industry, special events, traditional festivals, and business casual/workwear. The home market, which sells ethnic wear for men, women, and children, is controlled by companies like Manyavar-Mohey, Meena Bazaar, and Neeru's. W, Fabindia, and Biba closely follow. 

RELEVANT NEWS  DLF Mall of India launches two-week 'Wedding Shopping Festival'

Additionally, these fashion companies lead the way with solid communication, intriguing fashion partnerships, and trendy clothing offered at affordable prices. Over many years, the sector has seen a change due to the explosion of ethnic wear-related online retailers and technological advancements in product development.

The trend today has changed from buying prepared clothing to buying bespoke clothing when ladies used to purchase fabric and then have their ensembles fashioned by the neighborhood tailor.

Join our community on Linkedin

14 July 2022, Mumbai:

It is been proven to be more cost-efficient if polyester fabrics were manufactured by just recycling PET bottles since there'll be less heating and energy besides being best practice in the direction of a sustainable textile supply chain/circular economy besides plastic bottle waste can make synthetic fiber in a very frugal & economically viable price.

Utilizing recycled resources is commonplace now, albeit it is practically unheard of in any other industry to produce artificial fibers. In the modern world, recycling is crucial if we want to preserve the earth for the next generations.

Since there is the creation of new items from old, useless ones, it benefits the environment.

ALSO READ  UNIREC is selling environmentally friendly clothing made from recycled PET bottles  

Recycling is significant in the fashion business. The apparel business uses a lot of resources and pollutes a lot.

It is a consumer sector; therefore, it naturally encourages consumers to buy and discard items based on current trends rather than considering durability or the environmental impact. Attempts to change the status quo include organic and recycled textiles and environmentally friendly apparel.

ALSO READ Sulochana Textile Mills: Converting pet bottle into polyester yarn

"Recycled Polyester" is an environmentally friendly type of polyester fabric. PET is the starting material for recycled polyester, not polyester. The fact that this material was recycled to make fabric instead of ending up in a landfill saves it from being used to make transparent plastic water bottles.

However, recycled polyester eliminates most of the drawbacks of traditional polyester. Polyester fabric is not environmentally friendly since it requires significant amounts of water, chemicals, and fossil fuels during production.

The byproducts and raw materials are hazardous, damage the air and water, and result in several health problems. 

RELEVANT NEWS  Neeman’s launches ‘ReLive Knits’ sneakers made with recycled PET bottles

Additionally, non-biodegradable fabrics have an unnatural gloss and feel, making them unpleasant to wear and generally unpleasant to touch. Because PET doesn't breathe as well as cotton or other natural fibers, it makes wearing it heated and perspiring.

As a result, recycled polyester is both skin-friendly and environmentally sustainable.

A second chance has been granted to five million plastic bottles that may have suffocated marine life or piled up in landfills. Billabong expands its commitment to sustainability by introducing Eco Supreme Suede, a brand-new material composed of recycled fabrics and plastic soda bottles.

RELEVANT NEWS JJ Valaya launches new luxury brand with sustainable collection 

Bikinis and sleek surf shorts are made from this premium cloth. A single pair of boardshorts are made from about ten plastic drink bottles.

Polyethylene, a kind of polyester typically associated with a fabric used in garments and interiors, is the main component of plastic bottles. But in reality, both are polymers derived from fossil fuels.

The PET fabric, essentially polypropylene, is ten times stronger than a piece of typical polyester fabric. Recycled materials are in great demand worldwide, notably in Europe, because of their eco-friendly and skin-friendly qualities. 

RELEVANT NEWS The LYCRA Company has launched a fiber composed entirely of textile waste for use in insulation applications

Esprit, Ecoalf, and Printa are a few European manufacturers that employ recycled textiles in clothing. 

RELEVANT NEWS  YKK Announces New Collection of Recycled Zippers

Some businesses have installed PET phase capacity in India as well.

According to estimates, India generates 500,000 tonnes of pet trash annually, and the amount of waste will only increase owing to the rising usage of pet bottles in everyday use.

It all starts when you toss a PET bottle into a dust bin bag & as a start point the very same can turn plastic bottles into polyester & performance apparel doing the greatest good to our mother planet & posterity.

Join our community on Linkedin

21 July 2022, Mumbai:

Manufacturing textiles rely heavily on cotton. As a result of declining cotton prices, which also impact yarn costs, and weakening demand from fabric producers, the textile sector is currently in a slump.

Cotton prices, which had been rising over the past six months, have suddenly reversed course and are now down 20%. Cotton's price fall has had a similar impact on yarn costs. The textile industry has reacted to this in a variety of ways.

While some industry players feel the heat, others believe their businesses will profit. They think that cotton price declines would increase profit margins for firms involved in the whole value chain.  

According to S P Oswal, Chairman of the Oswal Group, in Business Standard: "The Union Government's two and a half month ban on yarn exports had a disastrous effect on the industry. The spinning industry was forced to deal with the stock made from cotton purchased at a significantly higher price ".

Prices have been impacted by market rumors regarding the arrival of massive amounts of cotton. The prices are also being affected by the conclusion of the cotton season and the introduction of low-quality cotton to the market.

Join our community on Linkedin

16 July 2022, Mumbai:

Individuals and corporations generate income via the sale of products and services and through the investment of cash in assets like IRAs (IRAs). Pensions or Social Security are examples of additional income streams.

This money might be spent on items individuals want rather than need, or it can be utilized to pay for daily expenses and requirements. However, there are minute distinctions between discretionary and disposable income.

ALSO READ Urban consumers cut back on apparel spending amid rising inflation: Survey

This post will cover these distinctions, along with instructions on determining your discretionary income.

Knowing your discretionary income will enable you to determine your loan payback under an income-based repayment plan if you have student loans.

ALSO READ  Apparel Sector - How much is cost inflation posing a threat to volume and demand Pressure

One of the economic indicators used to assess the status of the economy is disposable income. the amount of net income that a household or person has left over after income taxes that they can use to invest, save, or spend.

The net amount you receive in your check when you get a paycheck is your disposable income. All required payments less discretionary income equals discretionary income. 

RELEVANT NEWS  Sustainable but affordable Fashion 

In the United States, a significant rise in disposable income translates into an increase in the stock market's value since stock valuation happens when there is plenty of employment and more spending.

A surge in consumer demand for products and services translates into higher production and output in the manufacturing and service sectors.

RELEVANT NEWS  E-tailer Sales: Going Strong Despite Inflation & Low Consumer Sentiment

The health  GDP of the United States depends heavily on consumer spending; when disposable income increases, households may choose to save and invest or to make purchases. 

RELEVANT NEWS  Bavincis to offer 'affordable luxury'

The average Indian consumer is currently in their mid-20s, which will impact sales, new product development, and product marketing within the fashion business. The number of working women in Indian society is also increasing due to shifting social standards.

This customer base, which enjoys financial freedom and the ability to make judgments, will be essential to the expansion of the fashion sector in India. 

RELEVANT NEWS Persistent Inflationary Forces Playing Out & Its Impact On T&A 

A further impetus for developing value-added items in the fashion industry will be rising family disposable income. The ambitions of Indian consumers will make it possible for them to go from "need" to "desire," and the rise in discretionary spending in their budgets would enable them to spend more on clothing.

Join our community on Linkedin

13 July 2022, Mumbai:

An Overview

Over the past 20 years, Tirupur, Known as ‘T-shirt City,’ or “Banian City” has established itself as a significant knitwear export hub, with operations in the US, Europe, and the Pacific. The Tirupur cluster has developed into a well-connected unit cluster that works together to turn cotton into knitwear items.

Specific units highly specialize in textiles production, dyeing, processing, stitching, and export marketing.

This town started making inexpensive cotton hoses in the 1930s, primarily for undergarments. Knitting was introduced to this region in 1937 by Gulam Kadar, who established Baby Knitting Industries in the Kaderpet neighborhood of Tirupur.

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

The eco-system here is favorably supported here by the textiles Committee under the Ministry of Textiles, Apparel Export Promotion Council (AEPC); South Indian Hosiery Manufacturers’ Association (SIHMA), more active, Tirupur Exporters Association (TEA) representing the knitwear exporters in the city; and Knit Cloth Manufacturer’s Association (KNITMA), Tirupur Dyers Association and Tirupur Export Knit Printers Association (UNIDO, 2005).

Knitwear has historically been made in Tirupur, which has earned a reputation in India by producing cotton underwear in particular. Additionally, Tiruppur focuses on the low-volume mid-fashion sector, notably in the clothing and supplies of women and children to some of the biggest shops in the world, including Marks and Spencers.

From producing essential knitwear for the lower end of the local market, the Tirupur knitting cluster has expanded its product line to include t-shirts, polo shirts, sportswear, sweatshirts, ladies' outfits, children's clothing, nightwear, etc.

ALSO READ  TEA, Tirupur urges FM to help MSMEs with liquidity

The cluster necessitates a high level of specialization in most fields, including the provision of machinery and all facets of the manufacturing process.

More than 3.5 lakh people from nearby districts and states work in the knitting industry in Tirupur, including both local and migrant labor. Due to the agricultural background of the labor force accessible to businesses in and around Tirupur, the producers have long been concerned about the degree of expertise.

However, even without formal training provided by businesses, it takes an agricultural laborer three weeks on average to absorb the industrial process. 

RELEVANT NEWS Tirupur exporters expect a decline in FY23 garment exports

The Tirupur Tamilnadu center is crucial in this regard, generating up to 80% of the knitted apparel exports, or around 4% of India's entire export commerce, which accounts for about 45 percent of the country's clothes.

From a pitiful Rs. 10 crores in 1984, exports surpassed Rs. 11,000 crores in 2006–07. rupee-to-dollar export appreciation fell by 10% in 2007-2008, totaling Rs. 9,950 crores.

RELEVANT NEWS  Tea, Tiruppur: To eye $1 Tn Knitwear Exports During 3 Years 

The cluster's expansion has undoubtedly been made possible by the exporters' association, Tirupur Exporters Group (TEA). Along with holding international trade fairs in Tirupur, it collaborates with the National Institute of Fashion Technology (NIFT) to establish a fashion and training center.

In collaboration with a governmental agency and an extensive international private company, this has started an ambitious effort to rebuild Tirupur's urban infrastructure. 

RELEVANT NEWS  Russia at War: Impact on Tirupur Exports Sector

The Tirupur knitwear cluster annually expands by 15% to 20%. An essential hub, the hosiery town now generates annual revenue of Rs 27,000 crore from local and overseas markets, up from a few crores of garments produced three decades ago. 

RELEVANT NEWS TEA, Tiruppur's new machine fosters hope for khadi fabric weavers

Bird's Eyeview

Tirupur boasts 1,200 merchant exporters in addition to 800 garment manufacturing and exporting businesses, according to recent research by the Sripuram Trust.

Three hundred of them are clothing manufacturers that cater to the local market. Tirupur knitwear sector comprises 95% of MSME exporters.

Export of knitwear from Tirupur, near here, clocked the US $ 4 billion this financial year, Tirupur Exporters Association (TEA) has said. With this, the exports from Tirupur have contributed one percent to the total exports worth $ 400 billion from the country, the TEA said in a press release.

Join our community on Linkedin