Impact of GST & Showers in Delhi Results in Warm Response.
Amidst confusion over GST and rain showers in Delhi, Heimtextil India’s fourth edition closed on an average note. Hon’ble Textile Minister Smriti Irani inaugurated the exhibition. With an eye on the growing prospects of the Indian market, over 180 leading companies from India, Bangladesh, China, Korea, Nepal, and Thailand presented their stunning collections in Dining, Living, Giving and Home Furnishing segments at this three day fair in New Delhi. Top home fashion players, including D’décor, Welspun, Reliance, Raymond, AWKenox Steel, Flair Houseware, Organic Home (Stonemen Crafts), Lifestyles 360 Degree, Gomaads launched the latest collections aimed at Diwali and upcoming festive seasons in India.
Hon’ble Textile Minister unveiled world’s largest cushion at the fair the textile masterpiece. At 20 meters tall, the cushion, represented the ‘Fabrics & Embroideries. The organiser has partnered with India’s Limca record holder Kanika Bawa to create this gigantic installation which will be curated with fabrics from India’s largest and the most renowned home furnishing brand D’décor.
This story is from the June 2017 edition of Perfect Sourcing.
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This story is from the June 2017 edition of Perfect Sourcing.
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Apparel Exports Need Fresh Lease Of Life… But How???? A Report..
Last few months have been catastrophic for apparel exports industry of India. One after the other the industry was struggling with one or the other challenge. While global competition is one aspect of the challenges within the country at the moment is being regarded as the biggest deterrent to the slow situation of the industry. Burdened with higher tariffs than their competitors, the exporters need more incentives and protection to stay afloat. India’s foreign trade policy pundits need to renegotiate tariffs on apparel exports with the EU and the US to tackle the emergent economic slowdown in the country. The apparel industry is the country’s largest low technology employer after agriculture, with 45 million workers, contributing two percent of GDP and 15 percent of export earnings.
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Fast Fashion
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