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Ludhiana's famous hosiery sector is staring at losses because of weak demand for winter garments this season, as many manufacturers say they faced lack of repeat orders as well as return of stocks from traders in many states. Hosiery goods manufacturers also blame dumping of China-made winter wear items, available at much lower prices, for adding to their woes. However, bone-chilling cold wave weather conditions prevailing in the northern region have given some sort of relief as they anticipate a pick up in demand which may lead to clearance of stocks. Ludhiana hosiery sector, which is one of the oldest industry verticals, is famous for winter garments like sweaters, jackets, thermals, cardigans, pullovers, innerwear, shawls etc. Several states like Uttar Pradesh, West Bengal, Rajasthan, Himachal Pradesh, Delhi, Bihar and Haryana are among key markets for the hosiery sector. The industry representatives said they started offering discounts to wholesalers in December when the deman
The Textiles Ministry will soon rollout 'INDIAsize' -- measurements and standards designed to better suit the Indian body types, Textiles Secretary Rachna Shah said on Tuesday. Once the initiative is launched, Indians will soon be able to shop for clothes that would fit them better. Presently, international and domestic brands available in India use measurements from the US or the UK for garments, having 'small', 'medium' and 'large' sizes. However, Western body types differ from Indians in terms of height, weight or specific measurements of body parts, which sometimes causes fitting issues. "We are hoping... that will happen very soon," Shah told PTI when asked about the rollout of the INDIAsize initiative. The Textiles Secretary said the government's goal is to take the domestic technical textiles segment to USD 40-50 billion in the next five years or so, from USD 22 billion at present. "Our exports of technical textiles is presently at USD 2.5 billion, our objective is to enhan
In November and December 2022-23, RMG exports saw a rise of 12 per cent and 1 per cent respectively
According to Tirupur Exporters' Association, the industrial belt has seen a production loss of about Rs 10,000 crore during the last two months due to stoppage of manufacturing
District admin portal being updated, go-ahead only for for exporting units, buying offices, export offices and export-related job work units
Exporters see rupee appreciation against dollar to be a major hurdle going ahead