Think Beyond Cotton
Perfect Sourcing|January 2017

Quest To Replace The Indispensable Fibre.

Think Beyond Cotton

The Fashion industry is the second most polluting industry in the world, just after oil. Cotton has been regarded as the most breathable and natural fabric; it hasm however, come under the scanner as the crop takes acres of land to grow and requires a lot of water as well. Cotton is cultivated in over 33 million hectares in about 80 countriesm which makes it 2.5% of the world's cultivable land. Even though cotton has a very natural image, the conventional cultivation of the crop has many side effects on people and the environment as it results in loss of fertility in soil and imbalance of water reserves. On the average, a cotton T-shirt requires 2,700 litres of water from cultivation to dyeing, according to the World Wildlife Fund. Conventional cotton uses pesticides, which are harmful to both farmers and the soil that they work on.

India, the world’s largest producer of cotton, still needs to import cotton from other countries because of rising demand. In fact, due to increasing demand of cotton, India doubled its cotton import as its domestic production was hit by pests and draughts. Import of cotton in India increased to Rs. 4.39 billion in July from Rs. 3.30 billion in June 2016. Imports were the highest in September 2014, going up to Rs. 6.94 billion. India is looking overseas for the fibre as its own production reportedly fell by 12% to 33.8 million bales this year. This has resulted in rise of cotton prices in the country. Cotton prices globally have fallen whereas in India, prices have risen by up to 50%. This has led the mills in India to either import cotton from abroad or use its alternatives like cellulose.

This story is from the January 2017 edition of Perfect Sourcing.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the January 2017 edition of Perfect Sourcing.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM PERFECT SOURCINGView All
Apparel Exports Need Fresh Lease Of Life… But How???? A Report..
Perfect Sourcing

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.

time-read
10 mins  |
September 2019
Lectra Offering Solutions For Smart Factories & Fashion
Perfect Sourcing

Lectra Offering Solutions For Smart Factories & Fashion

The Conventional fashion supply chain model is too opaque, fragmented and slow to respond to diversified consumer demands, quickly enough to satisfy the customers.

time-read
2 mins  |
September 2019
Peppermint Clothing Creating Complete Range In Kidswear
Perfect Sourcing

Peppermint Clothing Creating Complete Range In Kidswear

Automation & Productivity Core Focus Areas Eyes Turnover of Rs 300 cr in next few years

time-read
5 mins  |
September 2019
Indian Manmade Fibre (MMF) Industry In Jeopardy: Increased Imports And Esclated Cost Affects Industry
Perfect Sourcing

Indian Manmade Fibre (MMF) Industry In Jeopardy: Increased Imports And Esclated Cost Affects Industry

Working out tax rates for different goods and services was a huge challenge for India’s Goods and Services Tax (GST) Council. Although the GST has taken under consideration a significant part of the industry - cotton and natural fibers, distortion has been introduced in the GST system, through the ‘inverted’ duty structure on man-made fibers. Man-made fiber and synthetic yarn attract an 18% GST rate as compared to 12% excise duty, while the fabric produced from these fibers is taxed at 5%. This creates a situation where the input is taxed at a much higher rate than the final product.

time-read
3 mins  |
September 2019
GTE Celebrating 20 Yrs Of Excellence At 2020 Edition
Perfect Sourcing

GTE Celebrating 20 Yrs Of Excellence At 2020 Edition

The Garment Technology Expo (GTE’20), one of the most trusted brands as far as exhibitions related to apparel technology is concerned is geared for its 20 years of establishments and success in the garment industry.

time-read
2 mins  |
September 2019
GST Good or Bad... The Debate Continues
Perfect Sourcing

GST Good or Bad... The Debate Continues

AEPC Chairman Ashok Rajani shared his response on GST and its impact on the Apparel Sector with Team Perfect Sourcing. Excerpts. . .

time-read
7 mins  |
June 2017
Fast Fashion
Perfect Sourcing

Fast Fashion

Corrupting Fashion Industry…..

time-read
5 mins  |
October 2016
Why Being Cotton Surplus
Perfect Sourcing

Why Being Cotton Surplus

India is still Suffering Shortage?

time-read
3 mins  |
October 2016
Think Beyond Cotton
Perfect Sourcing

Think Beyond Cotton

Quest To Replace The Indispensable Fibre.

time-read
10+ mins  |
January 2017
LIVA Launches First LAPF Studio In Noida
Perfect Sourcing

LIVA Launches First LAPF Studio In Noida

Studio equipped with latest technologies ensuring complete solutions for fabric sourcing.Inauguration in the presence of Ridhima Kapoor Sahni & designer.Brainchild of NAEC, President, Lalit Thukral, who shared the idea with LAPF team to have a one stop solution for all type of fabrics for fast sampling and efficient production in Noida Cluster.

time-read
4 mins  |
January 2017