Bangladesh exports duty free garments to India

India and Bangladesh have entered into to agreement in which India has agreed to to Import 80,00,000 garments without any duty on it for an year. Bangladesh have started to exported based on this agreement, reportly  a first set for garment consignment have reached India without duty. This would again add worry to domestic manufacturer as there will a bit of price war due to this cheaper imports. already domestic players are facing trouble times due inflation, increased fuel cost, rising in yarn price and increased labour prices.

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10:36 PM | 0 comments

Indian Kidswear market

Indian domestic apparel player have been looking to improve their strategy to encash the growing kidswear market.  According to a KSA Technopak report, the kidswear market in India is estimated at Rs 17,300 crore, and has shown a growth of 16% in 2007. Besides, there is an additional Rs 11,500 crore of kids uniform segment growing at more than 23% in 2007, thus taking the total kidswear market at about Rs 28,800 crore with an annual growth of 18%. The urban kidswear market is estimated to be about 60% of the total kidswear market.(source: Economic times)

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10:30 PM | 0 comments

Tirupur knitwear exporters looking to hike prices by 15%

Cotton price has increased, petrol price keeps increase on a regular basis, Inflation at about 7% constantly through out past six months, increase in the wages cost, yarn price hike, increase in the dyeing prices.... when everyone has increased the price why not Tirupur knitwear exporter, they have planned to hike the price by about 10 - 15%. They have decided to talk with their clients in the regard to price hike. only time will tell us weather customers are interested in hiking the price or will seek new suppliers else were..

Related topics:Reason For Raising Yarn price

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1:17 AM | 0 comments

Reason For Raising Yarn price

The yarn price in India as whole has been increasing. many say the reason for the price hike is due the cotton price rise. Now comes the question, has the demand for cotton gone due to low production as compared to previous, the answer is no, the production cotton is as compare to previous year. The main culprit the is exports, According to Cotton Advisory Board (a government body under the Central Textile Ministry) the cotton export for the year 2007-2008 is 8.5 million bales, (one cotton bale consists of 170 kgs) out of which 60% has gone to China alone.if these exports were not allowed by our government then, there would never have been an shortage of cotton in the home market. Now Tirupur exporter have felt the pinch of the rising yarn price.

 

More News from the leading news paper

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4:50 AM | 0 comments

Primark stops 3 Tirupur readymade garment exporters

                                                                                                                  Primark a leading retail stores in UK has been sourcing their knitwear requirements from Tirupur. They have been sourcing in Tirupur for more than a decade. The have their own social responsibility policies which are expected to followed up the ready made garment exporters and also by the exporters sub contractor. During an surprise audit by Primark officials they have found out the ready made garment exporter's sub contractors have employed child labour. In the context of child labour employment primark have stopped from further supply of their products to primark.

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11:57 PM | 0 comments

Natural indigo dyeing will it be helpful for Tirupur ready made exporters

 

Here is a video that shows us how naturally the fabric and yarn can be dyed. If this method is a success method for knitted fabric then,Tirupur dyeing industry has a chance to implement this to avoid the pollution. Government however should step to test this natural way to dying. if this is success and implement then not only we will have less pollution but cheaper dyeing and more indirect employment. pls watch this video which explains in detail about the advantage of natural dyeing

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3:54 AM | 0 comments