just-style authors and correspondents
Articles by Raghavendra Verma
India's textile and apparel industry is banking on informal assurances of increased central government support, after it was largely ignored in this month's formal announcement of the national budget.
India's domestic clothing industry has suffered a drastic slump in demand and production following the central government's sudden decision last month to withdraw high denomination currency notes accounting for around 86% of the total cash in the economy.
Indian garment exporters have widely welcomed a series of financial and labour reforms announced by the government last week to generate 10m jobs and boost exports by $30bn over three years.
Branded garments in India are set to become more expensive following a decision by the central government to impose a 2% excise duty on clothing and textile retail items costing more than INR1,000 (US$14.74).
Special trade access to developed countries is always a boon to emerging market suppliers, and the European Union's (EU) GSP+ system is especially sought after and – according to a recent European Commission report – widely utilised.
Environmental authorities in the Indian state of Rajasthan are in the final stages of closing 893 fabric dyeing units in Sanganer, near the state capital Jaipur.
The newly announced textile joint venture between India's Reliance Industries and China's Shandong Ruyi Science & Technology Group could inspire many more such deals, shifting textile and clothing production bases from China to India, experts have told just-style.
A former chief official at the Indian Textiles Ministry has attacked government plans to prolong the life of loss-making state-owned textile mills.
Cotton prices in India have crashed because of higher production and falling export demand, which is benefiting the country's domestic textile industry.
Apparel and textile companies looking keep down costs in fibre and fabric sourcing and production, at the same time as ensuring supplies keep flowing, are turning to a number of different strategies.
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