Lifestyle

Comment of Sudhir Sekhri, Chairman AEPC on 50% tariff for Russia crude oil buys

"This is a huge setback to the labour-intensive apparel export industry. There is no way the industry can absorb this. I am sure the government also realizes that this unreasonable increase in tariff will sound the death knell for the Micro and Medium apparel industry, especially those who majorly sell to the US market, unless the Government of India steps in with direct fiscal support to the industry."

The USA is a key market for Indian RMG exports, with the country holding a share of 33% in India’s total garment exports in 2024. India’s presence in the U.S. garment import market has grown, with its share increasing from 4.5% in 2020 to 5.8% in 2024 and ranks 4th among the top RMG exporters to the United States.

Workshop on Simplifying MSME Schemes & Benefits
How to identify, enroll and benefit from Govt Schemes
Organized by : MSME DFO - Mumbai
In Association with We Spark Start Up Association

Date: 18th July
Time: 14:30-17:30
Venue: MSME DFO - MUMBAI, Sakinaka.

India’s Textile Exports at a Turning Point?

Given that India's textile exports are looking up. India’s garment exports rose 11.3% year-on-year in May 2024, as global sourcing trends increasingly shift away from China and Bangladesh, opening the door for Indian manufacturers.

The differential tariffs unleashed by Trump administration has given elbow for India's textile exports as a catch up play. The real need of the day is to ramp us the capacity as long as sun is shining on Indian textile sector.  

CURTAIN RAISER

19th IFJAS-Indian Fashion Jewellery & Accessories Show 46th July 2025, India Expo Centre, Greater Noida

IFJAS 2025 Opens Doors to Global Fashion Buyers at India's Top Fashion Jewellery & Accessories B2B Event

Redefining Fashion Sourcing—IFJAS 2025 to Spotlight Bespoke Collections, Artisan Innovation & Premium Gifting

Delhi/NCR—3 July 2025 The soon-to-open 19 edition of IFJAS-Indian Fashion Jewellery & Accessories Show 2025, organized by the Export Promotion Council for Handicrafts (EPCH), in scheduled from 4 to 6 July 2025 at the India Expo Centre & Mart, Greater Noida. The show features a diverse array of exhibitors, including medium and small exporters, artisans, entrepreneurs and leading manufacturer exporters in India.

Drawing 10,283 visitors from 230 Indian cities and five countries, Gartex Texprocess India 2025 reaffirmed its stature as a key business platform for the Indian textile industry. Featuring 125 exhibitors and covering the entire value chain, the expo served as a robust platform for textile technologies, innovations and sourcing.

Organised by Messe Frankfurt Trade Fairs India Pvt Ltd and MEX Exhibitions Pvt Ltd, the event also incorporated The Denim Show, Screen Print India – Textiles, and the Fabrics & Trims Show, offering industry stakeholders a unified source for knowledge exchange and business networking.

WTAI (Wazir - Textile & Apparel Index) FY25

The annual review of the textile and apparel industry for Fiscal Year 2025. This report offers a detailed snapshot of the sector’s overall performance, highlighting key financial and operational trends over the past year.

Textile Industry Performance (as per the Wazir Textile Index - WTI)

FY25 vs. FY24:

The WTI Sales Index recorded a year-over-year growth of 7%.

The WTI EBITDA Index rose by 6%, indicating improved operational earnings.

Following its highly anticipated and successful debut at Spring Fair 2025, Moda x Pure will make its return as a standout destination at Autumn Fair 2025, taking place from 7-10 September at the NEC Birmingham.

Bringing together four vibrant sectors—womenswear, clothing & footwear, fashion accessories, and jewelry & watches—Moda x Pure is fast becoming the must-visit destination for fashion retailers and industry professionals.

Our goal is to continue offering an inspiring space where innovation, creativity, and commerce come together under one roof.

Wazir Advisors | White Paper: Yarn Realization - Key to Profit in the Global Competitive Landscape for Indian Spinners.

The global textile industry is navigating a phase of significant disruption marked by escalating raw material costs, geopolitical tensions, supply chain instability, and intensifying global market dynamics. Spinning mills, positioned at the heart of the textile value chain, are now facing tighter yarn-fibre spreads and growing pressure on margins.

In this scenario, maintaining profitability requires a sharp focus on cost control and operational excellence. India’s spinning sector is at the forefront of these challenges. Mills are also grappling with supply chain constraints and intensified competition from countries like Vietnam, Indonesia, Pakistan, Bangladesh, and China.

Commandments for India's corporate sector, including labor-intensive sectors such as textiles, are to diversify products effectively; businesses can:

Conduct market research: Understand customer needs, preferences, and trends.
Leverage existing strengths: Utilize core competencies, expertise, and resources.
Identify new opportunities. Explore adjacent markets, industries, or product categories.
Develop new products. Create innovative solutions that meet customer needs.

Advanced Management Program in Protech by NITRA
The Northern India Textile Research Association (NITRA) is hosting a four-day program on protective textiles (Protech) under the National Technical Textile Mission (NTTM).

About NITRA
NITRA is a renowned textile research organization with over 50 years of experience. It's a certified center of excellence in protective and automotive textiles.

Denim Show: Powering the Complete Denim Value Chain

Denim is a global fashion cornerstone, yet its creation involves a multi-layered value chain. The denim industry is dynamic and evolving from raw yarn to garment finishing. Denim Show connects every aspect of this ecosystem, providing a platform for innovation, collaboration, and sustainability across the entire denim value chain.

This is a chance for fashion brands and retailers to preview emerging trends in fabric textures, indigo tones, and weaving techniques. It’s also an opportunity to collaborate with mills at the development stage to stay ahead of fashion cycles.

Join our groupWe all hear statements daily from television, newspapers, politicians, and traders that the prices of food items, vegetables, medicines, and FMCG products are increasing by 10% to 30%, and are expected to increase further.

In such circumstances, over the last 2-3 years, the cost of production has increased, but garment and hosiery business owners, producers, and manufacturers have not raised prices and are not raising them either. A simple fact is that we, along with our families, especially the women in our households, are worried about the rapid rise in the prices of tomatoes, potatoes, chocolates, medicines, etc.

What should we do?