Apparel Industry is Moving Online

Related Keywords: apparels, be-spoke, e-commerce, fabric, Garments, Indian apparel industry, readymade garments, tailor-made

India
Apparel Industry is Moving Online
Summary: 
Today, if anyone asks you the question as to how far is your nearest mall, where you shop for your clothes, the answer should be "not far from my where my mobile is". An e-commerce app, in the present day, is as good as a whole shopping mall fitted in your pocket. Thanks to the access to faster and cheaper internet coupled with larger and crisper mobile screens, e-commerce platforms are supporting be-spoke

Today, if anyone asks you the question as to how far is your nearest mall, where you shop for your clothes, the answer should be "not far from my where my mobile is".

An e-commerce app, in the present day, is as good as a whole shopping mall fitted in your pocket. Thanks to the access to faster and cheaper internet coupled with larger and crisper mobile screens, e-commerce platforms are supporting be-spoke and tailor-made shopping effortlessly, making shopping fun.

The Evolution

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ITF urges retailers to source garments locally

Related Keywords: export, garmenting, Garments, impact, import, India, ITF, readymade garments, supply chain, Textile

India
ITF urges retailers to source garments locally
Summary: 
Indian Texpreneurs Federation (ITF) has appealed to all brands and retail chains operating in India to source their requirements from within the country instead of

Indian Texpreneurs Federation (ITF) has appealed to all brands and retail chains operating in India to source their requirements from within the country instead of importing.

ITF’s appeal comes in the wake of a huge jump in import of readymade garments from Bangladesh.

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India Chile expanded PTA to immensely benefit exporters of both sides

Related Keywords: articles of apparel, covers around ninety six percent of bilateral trade, facilitating exporters of both sides, implemented from May sixteenth, India and Chile, India exports to Chile, Preferential Trade agreement, readymade garments, signed an agreement on expansion, take advantage of tariff concessions, yarn of polyester fibres

New Delhi
India Chile expanded PTA to immensely benefit exporters of both sides
Summary: 
India and Chile had signed an agreement on expansion of India-Chile Preferential Trade Agreement (PTA) on September 6, 2016 which be be implemented from May 16, 2017, facilitating exporters of both sides to take the advantage of tariff concessions as per the expanded PTA immediately which covers around 96 percent of bilateral trade.

India and Chile had signed an agreement on expansion of India-Chile Preferential Trade Agreement (PTA) on September 6, 2016 which be be implemented from May 16, 2017, facilitating exporters of both sides to take the advantage of tariff concessions as per the expanded PTA immediately which covers around 96 percent of bilateral trade.

Chile is the fourth largest trading partner of India in LAC region after Brazil, Venezuela and Argentina.

http://knnindia.co.in/news/newsdetails/global/india-chile-expanded-pta-to-be-implemented-from-may-16-2017
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Export entitlement quota for garments, yarn extended for another one year

Related Keywords: allotted export entitlements, applicable in respect of countries exports are covered, Canada and European Union, competent registering authorities, effect from beginning of January next year, Export entitlement quota, exporters registered, extended for one year, fabrics and made-ups, FCFS system, Knitwear, readymade garments, US, yarn

New Delhi
Export entitlement quota for garments, yarn extended for another one year
Summary: 
The export entitlement quota for readymade garments & knitwear, yarn and fabrics & made-ups to the US, Canada and European Union extended for one year with effect from 1 January, 2017.

The export entitlement quota for readymade garments & knitwear, yarn and fabrics & made-ups to the US, Canada and European Union extended for one year with effect from 1 January, 2017.

As per a notification issued by Textiles Ministry, it states that the Union Government decides to extend the operation of the residuary provisions of yarn, fabrics & made-ups export entitlement (quota) policy for a further one year with effect from 1 January, 2017,

Similarly, it also extended the operation of the residuary provisions of garments and knitwear.

http://www.freepressjournal.in/business/government-extends-garments-yarn-export-entitlement-quota-for-one-year/983515
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Pakistan eyeing to enhance exports to India to1bn dollar within a year

Related Keywords: Federal Minister for Commerce Khurram Dastagir Khan, great potential to make way to Indian markets, land route, Pak India Business Council meeting, Pakistan eyeing to increase annual exports, Pakistan is most favourite and cost effective market, Pakistan made up textiles products, readymade garments, to India within a year, to USD one billion

Islamabad
Pakistan eyeing to enhance exports to India to1bn dollar within a year
Summary: 
Pakistan eyeing to increase annual exports to India to $1 billion within a year, as made-up textiles products and readymade garments have great potential to make their way to Indian markets, said Federal Minister for Commerce Khurram Dastagir Khan at a meeting of the Pak-India Business Council her of Tuesday.

Pakistan eyeing to increase annual exports to India to $1 billion within a year, as made-up textiles products and readymade garments have great potential to make their way to Indian markets, said Federal Minister for Commerce Khurram Dastagir Khan at a meeting of the Pak-India Business Council her of Tuesday.

The delegation was headed by Yawar Ali Shah who briefed the minister on their recent visit to India and outcome of the meetings held with the country’s business and trade stakeholders.

http://dailytimes.com.pk/business/10-May-16/pakistan-eyes-1bn-annual-exports-to-india
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Korea, Pakistan to sign FTA to enhance investment and trade volume

Related Keywords: diplomatic relation, enhance investment and trade volume, find place in Korean market., FPCCI, handicrafts, have bilateral trade, number of items including textiles, Pakistan and Korea, readymade garments, to examine minutely the FTA proposal, to sign Free trade agreement

Lahore
Korea, Pakistan to sign FTA to enhance investment and trade volume
Summary: 
Pakistan and Korea, having bilateral trade and diplomatic relations for over three decades, are very much ambitious to sign Free Trade Agreement (FTA) to enhance investment and trade volume.

Pakistan and Korea, having bilateral trade and diplomatic relations for over three decades, are very much ambitious to sign Free Trade Agreement (FTA) to enhance investment and trade volume.

However it will take years to attain the objective, as both the countries have to examine minutely the FTA proposal exchanged by them July this year. Pakistan’s Commerce Minister had visited Republic of Korea in July to discuss bilateral trade and possibilities of FTA.

http://www.theasian.asia/archives/92231
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Delegation of ITKIB to visit Belarus to explore prospects of trade

Related Keywords: Chairman Ismail Gulle, expo Bellegprom, hold meetings with Belarusian partner organizations, investment projects, Istanbul Textile and Raw material Exporters Association, ITKIB, manufacturing cooperation, raw material, readymade garments, textile products, Trade prospects, Turkey's merchandise exports, visit Belarus

Minsk
Delegation of ITKIB to visit Belarus to explore prospects of trade
Summary: 
A delegation of the Istanbul Textile and Apparel Exporter Associations (ITKIB) headed by Chairman of the Istanbul Textile and Raw material Exporters’ Association Ismail Gulle along with four members of the governing councils and representatives of the ITKIB secretariat will visit Belarus on 28 September to 1 October.

A delegation of the Istanbul Textile and Apparel Exporter Associations (ITKIB) headed by Chairman of the Istanbul Textile and Raw material Exporters’ Association Ismail Gulle along with four members of the governing councils and representatives of the ITKIB secretariat will visit Belarus on 28 September to 1 October.

http://eng.belta.by/all_news/society/Delegation-of-Istanbul-Textile-and-Apparel-Exporter-Associations-to-visit-Belarus_i_84760.html
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Pakistan textile exports recorded double digit growth of 11.24pc in August

Related Keywords: bed wear, cotton cloth, double digit growth, in August, Knitwear, mainly driven by substantial increase in export proceeds, Pakistan textile export, PBS data, raw cotton, readymade garments, towels, yarn

Islamabad
Pakistan textile exports recorded double digit growth of 11.24pc in August
Summary: 
Pakistan’s textile exports after witnessing downward trend for last several months has seen double digit growth of 11.24 percent in August 2015 as per data of Pakistan Bureau of Statistics (PBS) released on Monday. The unprecedented growth was mainly driven by substantial increase in export proceeds of raw cotton, cotton cloth, yarn, knitwear, bed wear, towels and readymade garments.

Pakistan’s textile exports after witnessing downward trend for last several months has seen double digit growth of 11.24 percent in August 2015 as per data of Pakistan Bureau of Statistics (PBS) released on Monday. The unprecedented growth was mainly driven by substantial increase in export proceeds of raw cotton, cotton cloth, yarn, knitwear, bed wear, towels and readymade garments.

Exports of textile and clothing recorded at $1.02 billion in the previous month as against $889 million of a year ago.

http://nation.com.pk/business/22-Sep-2015/textile-exports-up-by-11-24pc-to-1-02b-in-august
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Value added textile industry association oppose banning import of textile raw material

Related Keywords: APTMA, local textile industry, oppose banning import of textile raw material, PRGMEA, readymade garments, textile industry produces only denim, unable to produce raw materials, value added textile industry association, zero-rate regime for textile industry

Karachi
Value added textile industry association oppose banning import of textile raw ma
Summary: 
Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) and the All Pakistan Textile Mills Association (APTMA), value added textile industry association of Pakistan after holding a series of meetings has decided to opposed a proposal of banning the import of textile raw materials, saying the local textile industry is unable to produce these raw materials.

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) and the All Pakistan Textile Mills Association (APTMA), value added textile industry association of Pakistan after holding a series of meetings has decided to opposed a proposal of banning the import of textile raw materials, saying the local textile industry is unable to produce these raw materials.

http://www.brecorder.com/cotton-a-textiles/185/1223910/
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Indian textile exports fall short by 3.6bn of target set 45bn for FY15

Related Keywords: carpets, create additional jobs, fall short of target set, handicraft, include garments in subvention scheme, Indian textile export, New national textiles policy, readymade garments, roadmap for textile industry, silk, small increase in overseas sales, wool and woolen textile

New Delhi
Indian textile exports fall short by 3.6bn of target set 45bn for FY15
Summary: 
India’s textile exports stood at 41.4 billion, shortfall of 3.6bn from the target set of 45 billion for 2014-15. There was a small increase in the overseas sales of handicrafts (17 percent), carpets (15 percent), readymade garments (12 percent), silk (13 percent), and wool and woolen textiles (18 percent), said an official statement.

India’s textile exports stood at 41.4 billion, shortfall of 3.6bn from the target set of 45 billion for 2014-15. There was a small increase in the overseas sales of handicrafts (17 percent), carpets (15 percent), readymade garments (12 percent), silk (13 percent), and wool and woolen textiles (18 percent), said an official statement.

For the current fiscal, Textiles Ministry has set an exports target of USD 47.5 billion, Textiles Secretary S K Panda said while addressing a press conference.

http://www.thehindubusinessline.com/economy/textile-exports-fall-short-of-target-in-fy15/article7244928.ece
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