BLOGS

China’s Declining Share in US Apparel Market

China’s Declining Share in US Apparel Market

The US is single largest apparel market in the world with a total import of US$ 87 bn. in 2021. The imports have been growing at a CAGR of 1.3% since 2010. China historically has been the largest apparel suppler to the US. In the last decade China has lost over 15% share….

PM Mega Integrated Textile Region and Apparel Park

PM Mega Integrated Textile Region and Apparel Park

The US$ 100 bn textile & apparel industry of India is projected to grow at a CAGR of 18% to attain a size of U$190 bn by 2025. Attainment of such an ambitious target would require India to hone its capabilities and improves its infrastructural facilities. The...

PLI Scheme: Shaping the Indian Synthetics Market

PLI Scheme: Shaping the Indian Synthetics Market

Introduction The Indian textile and apparel industry is largely cotton dominated, while the global demand is steadily shifting towards man-made fibres due to value-for-money and functionality aspects. Another reason for shift is that natural fibers like cotton are not...