26 February 2022, Mumbai:

For all the right reasons, the prospective industrial sector in India's North-East states is attracting attention right now.

The region possesses vast natural resources, a cheap and hardworking labor force, well-developed transportation, and cross-border connections with nations in Southeast Asia.

Tripura's Chief Minister, Biplab Kumar Deb, has stepped forth to welcome Bangladeshi garment makers to invest in the state, recognizing the potential of the state's manufacturing industry.

"Bangladesh is a behemoth in the apparel business," Deb said. I'd want to invite business magnates to come and build up manufacturing plants at Sabroom, which is barely 72 kilometers from Chittagong's port.

We're establishing a logistics center, a Special Economic Zone, where Bangladeshi investors would be eligible for incentives.

ALSO READ: Bangladesh the top denim apparel exporter to the USA: Second straight year

" If the made clothing is exported, according to Deb, the factories must pay customs taxes. "However, if a garment is created in Tripura, the Indian government would provide subsidies to the manufacturing units," Deb explained, adding, "Both the Prime Ministers (of India and Bangladesh) have elevated the long-standing friendship between the two countries to new heights."

Whenever I requested the assistance of Bangladesh's Prime Minister for a project, she did not deny it. Tripura received everything she had."

It's worth emphasizing that in Tripura, projects worth several thousand crores are already in the implementation stage, and Bangladesh might gain if it chooses to invest in the state. "Bangladesh is a cement and steel exporter. Infrastructure development projects of Rs. 3,500 crore are now underway in Tripura, including railroads.

Bangladesh can also benefit from it. When the North East's commerce passes via Chittagong port, Bangladesh's economy would benefit as well," Deb said.

RELATED ARTICLE: The Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Faruque Hassan: Bangladesh’s garment export to India will continue to grow

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*Figures mentioned in the above article have been sourced from aninews.com & Apparel Resources article.

25 February 2022, Mumbai:

Upendra Prasad Singh, Secretary, Ministry of Textiles has said that the Indian apparel industry must focus on vertical integration to increase its scale and size and to benefit from the Production Linked Incentive (PLI) scheme.

Speaking at the 44th Foundation Day of Apparel Export Promotion Council (AEPC) today , Shri Singh said, “sapparel and garmenting is not very investment centric but it is very important from an employment point of view. Perhaps, there is a need for backward integration and more of you can get into integrated value-chain like spinning and weaving.”

ALSO READ: Upendra Singh, Textile Secretary: Sustainable Solutions growth driver for Indian textile industry

Virtually addressing the Foundation Day, the Textiles Secretary said that along with the PLI scheme, the government is committed to make the Prime Minister Mega Integrated Textile Region and Apparel (PM MITRA) scheme a success. Idea is not to just have a world class infrastructure but also a thriving industry there, he said.

Stating that textile has always been among the top priorities of the government, the Secretary said, “There are a lot of big opportunities. The demand continues to be robust and the China plus one sourcing strategy by the west is certainly a great opportunity for us.”

Shri Singh said that it all depended on how good, efficient and integrated the Indian apparel industry is and how it increases its size and scale. “AEPC has a big role to play. Let us not get into just the macro figure, let us get into the micro level.

Let us go product by product and country by country,” he added. “We should be in a position to breach $20 billion apparel exports by next fiscal or the year after that,” Shri Singh said, adding that the country’s textile exports can increase from the current $40 billion to $100 billion in the next five years.

AEPC Chairman, Shri Narendra Goenka shared the journey of the AEPC since its establishment in 1978 from a quota monitoring and export promotion body to the Council that today offers services ranging from skilling, assessment, market intelligence, advocacy, capacity building programs on financial risks, compliance management, IPR issues, AI and technology driven production innovations, lean and six sigma, circularity, sustainability, among others.

Goenka listed down the key priorities for the apparel sector namely leverage policy support for improving scales, product diversification, leverage the upcoming FTAs, create new USPs based on sustainability and responsible business, use technology and AI for leaner supply chain, and better branding.

AEPC Vice Chairman Shri Sudhir Sekhri spoke about the initiatives taken by AEPC for the holistic growth of the apparel sector. AEPC is the official body of apparel exporters in India, under the aegis of Ministry of Textiles, which provides invaluable assistance to Indian exporters as well as importers/ international buyers.

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*Figures mentioned in the above article have been sourced from PIB article.

24 February 2022, Mumbai:

India's garment exports are expected to exceed $20 billion next fiscal year or the year following, according to the Ministry of Textiles (MoT). India's garment exports were worth $15.2 billion in 2021.

"We should be able to break the $20 billion mark in garment exports next fiscal year or the year after that." In the next five years, the country's textile exports might climb from $40 billion to $100 billion.

There are several large opportunities. "Demand is still strong, and the west's China plus one sourcing strategy is a fantastic opportunity for us," said Textiles Secretary Upendra Prasad Singh.

He also stated that, in order to profit from the Production Linked Incentive (PLI) plan, the Indian garment sector should focus on vertical integration.

"I recognize clothing and garments is not highly investment focused, but it is very essential from an employment standpoint," he remarked virtually addressing the 44th Foundation Day of the Apparel Export Promotion Council (AEPC). Perhaps there is a need for backward integration, and more of you can participate in integrated value-chain activities such as spinning and weaving."

ALSO READ: Upendra Singh, Textile Secretary: Sustainable Solutions growth driver for Indian textile industry

The government is dedicated to making the Prime Minister's Mega Integrated Textile Region and Apparel (PM MITRA) program a success, according to the top administrator. He explained that the goal is to create not only world-class infrastructure but also a vibrant industry. "The AEPC has a significant role to play.

Let's not only look at the big picture; let's look at the details. "Let's do it one product at a time, nation by country," he remarked.

Chairman of the AEPC, Narendra Goenka, spoke about the organization's evolution, which now includes services such as skilling, assessment, market intelligence, advocacy, capacity building programs on financial risks, compliance management, IPR issues, AI and technology-driven manufacturing innovations, lean and six sigma, circularity, and sustainability, among others.

He outlined key priorities for the apparel industry, including leveraging policy support for improving scales and product diversification, leveraging upcoming FTAs, developing new USPs based on sustainability and responsible business, and utilizing technology and artificial intelligence for a leaner supply chain and better branding.

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*Figures mentioned in the above article have been sourced from Bolly Inside & Fashion Network article.

24 February 2022, Mumbai:

New Delhi-based ethnic wear brand Libas will hold its flagship sale event-Libas Purple Days Sale from February 25, 2022. The sale event will offer shoppers discounts up to 60 percent on the latest ethnic wear trends, both online and in-stores.

The event will showcase stylish kurtas, graceful suit sets, breezy ethnic dresses, timeless saris, comfortable loungewear, flattering plus-size options, etc.

Starting on February 25 up to March 2, 2022, the sale will offer many amazing deals. Customers will be provided an extra 10 percent discount on their orders worth Rs 2,499 and above by using the code 'PURPLE10'.

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They can also avail of an extra 15 percent on purchases worth Rs 3,999 and above by using the code 'PURPLE15'. Well-accustomed to offering customers safe, secure, and prompt doorstep deliveries, Libas also offers convenient online payment options along with payment on delivery.

Customers can avail themselves of free shipping and easy returns within 15 days of purchase. Launched in 1985, Libas offers everything from stylish ethnic wear to comfortable fusion silhouettes for women, carefully curated in line with fashion trends worldwide.

It creates aspirational yet affordable and approachable fashion.

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23 February 2022, Mumbai:

The store covers a carpet area of 4000 sq feet with more than 2500 sq ft of retail area, housing leading global brands.

Sports and athleisure wear brand SSIPL has launched its Sports Station’s flagship store in Jalandhar. The store covers a carpet area of 4000 sq feet with more than 2500 sq ft of retail area. With over 80 stores spread over 70 cities pan India, this is a new addition to their growing family.

Sports Station specializes in sportswear and athleisure wear from the biggest labels in the business - Nike, Adidas, Skechers, Reebok, Puma, Asics, etc which includes a vast range of performance and lifestyle footwear, apparel, and accessories, says the company statement .

ALSO READ Myntra: Partners with sportswear brand New Balance

The target audience includes the middle and upper-class individuals in the 20-35 years group in tier 1 and tier 2 cities. SSIPL is an integrated sportswear company serving over 12000 customers daily via 300,000 sq ft of retail space.

They are the official partners in India for several leading brands. Speaking about the development Aasheesh Mediratta The CEO of SSIPL said,” We are thrilled to take our story forward with another flagship store of Sports Station, this time in Model Town Jalandhar.

Sports and athleisure wear trend has been a strong one, and it’s here to stay and we expect a great response from the sports-loving people of the city.

The store offers a huge range of products across apparel and footwear categories and the team there is committed to offering the customers a great shopping experience.”

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*Figures mentioned in the above article have been sourced from Retail4Growth article.

24 February 2022, Mumbai:

Through the Providing Opportunities for Equal Rights to Women (POWER-1) Project, the Apparel, Made-ups & Home Furnishing Sector Skill Council (AMHSSC) and the worldwide well-known brand Marks & Spencer (M&S) have joined forces to promote gender equality and empower garment industry employees.

With 14 peer trainers, the initiative will cover 15 factories with a minimum of 100 employees each.

ALSO READ AEPC, N.Goenka, Chairman: The extension of the Emergency Credit Line Guarantee Scheme (ECLGS) to bring relief to apparel exporters

Narender Goenka, Chairman, AEPC and ATDC; Premal Udani, Chairman, AMHSSC; Dr. Roopak Vasishtha, CEO, AMHSSC; Nidhi Dua, Regional Head India & Sri Lanka – India Sourcing Perspective, M&S; Fiona Sadler, Global Head of Responsible Sourcing – M&S Plan A (Global Perspective); and Ranjeeb Sarma, Head of Compliance and CSR, M&S

The project, according to a news release, aims to maximize advantages to the clothing and textile sector by voluntarily adopting a program for a safe work environment for women by leveraging a congenial, sustainable environment at the top, supervisory, and worker levels.

Workers, supervisors, and managers, including middle and senior management, will get training in order to enable a safe work environment for women and disrupt the culture of silence, which is the project's foundation. The initiative will concentrate on raising awareness about gender equality, empowering male and female workers, enacting legislation to prevent, ban, and remedy gender-based harassment, and developing policies and mechanisms. This approach will have an influence on workers in the next years, resulting in a beneficial shift in the workplace culture that appreciates women's labor and dignity.

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*Figures mentioned in the above article have been sourced from Apparel Resources article.

22 February 2022, Mumbai:

Recognizing that trims are one of the biggest challenges for garment recycling, YKK announces a new collection of NATULON® recycled zippers made with ECONYL® regenerated nylon.

ECONYL® nylon, manufactured by Aquafil SpA and supplied in collaboration with ITOCHU Corporation, is made entirely from nylon waste collected all around the world, such as industrial plastic, fabric scraps, old carpets, and fishing nets from the aquaculture sector. The material can be continuously recycled without loss of quality.

YKK will offer ECONYL® regenerated nylon products in three categories to the European market: VISLON® NATULON® recycled zipper made with ECONYL®, a fully ECONYL® plastic injected zipper; EXCELLA® NATULON® recycled zipper made with ECONYL®, a top-of-the-range brushed metal zipper; Recycled sew-on button made with ECONYL®, a simple button to sew on nylon garments.

ALSO READ: WaveOn Joins YKK’s Touchlink® Fastener Network

“YKK understands circular fashion as a regenerative system where garments are circulated for as long as their maximum value is retained, and then returned safely to the biosphere,” said Hitoshi Yamaguchi, President of YKK Italy. “As a small part of the supply chain, we firmly believe that circularity is the key to building sustainability. This is our motivation when we design the highest quality recycled and recyclable fastener products.

YKK has been expanding its NATULON® recycled zippers series, which features zipper tapes made from PET bottles, old fibers, and other polyester residues.

It recently introduced NATULON Plus™, in which the chain and the slider are also made entirely of recycled polyester.

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