Business Standard

Garment Manufacturing

Extreme heat, high temperature puts garment factory workers at risk: Study

Report identified only three retailers - Nike, Levi's, and VF Corp - which specifically include protocols to protect workers from heat exhaustion in their supplier codes of conduct

Extreme heat, high temperature puts garment factory workers at risk: Study
Updated On : 09 Dec 2024 | 8:51 AM IST

Will reduce demand, lead to job losses: Apparel body on proposed GST hike

The apparel industry has expressed serious concerns over the proposed GST rate hike recommended by the Group of Ministers (GoM) on rate rationalisation. Under the new tax structure, garments priced between Rs 1,500 and Rs 10,000 would be taxed at 18 per cent, while apparel above Rs 10,000 would fall under the highest GST slab of 28 per cent. The rate for apparel priced up to Rs 1,500 would remain at 5 per cent. The Clothing Manufacturers Association of India (CMAI) has urged the government to reconsider the hike, warning that it could lead to reduced consumer demand, widespread job losses, and disruptions in the industry's value chain. The association emphasised the need for government policies that support the growth and stability of the industry, advocating a balanced approach to ensure long-term sustainability and benefits for all stakeholders. "The proposed GST rate hike risks severely disrupting the formal retail sector by pushing both consumers and businesses toward informal

Will reduce demand, lead to job losses: Apparel body on proposed GST hike
Updated On : 05 Dec 2024 | 5:24 PM IST

Singer launches global sewing brands PFAFF, Husqvarna Viking in India

Singer, the world's leading sewing machine brand, on Thursday introduced its two premium global sewing products -- PFAFF and Husqvarna Viking -- to the Indian market, expanding its play in a market estimated to be about Rs 3,000-3,500 crore. With these, new-age tech-enhanced machine, Singer will not only have growth in its existing categories but also cultivate and popularise sewing and crafting as a creative hobby, Singer India Vice-Chairman and Managing Director Rakesh Khanna said. All these three iconic sewing brands are part of SVP Worldwide, the US-based world's largest consumer sewing machine company. Singer, Viking, and PFAFF together account for approximately one in every three sewing machines sold globally each year. "With the introduction of PFAFF, Husqvarna Viking, and our revitalised Singer offerings, including new-age tech-enhanced machines, we aim to not only expand existing categories but also cultivate and popularise sewing and crafting as a creative hobby," he ...

Singer launches global sewing brands PFAFF, Husqvarna Viking in India
Updated On : 28 Nov 2024 | 9:34 PM IST

Bangladesh garment factories reopen with hopes after PM Hasina's flight

Garment and textile factories which supply major western brands such as H&M, Zara and Carrefour had been forced to shut under curfews

Bangladesh garment factories reopen with hopes after PM Hasina's flight
Updated On : 07 Aug 2024 | 11:49 PM IST

This garments and apparels stock jumped 7% on May 31; Know why

At the operating front, earnings before interest taxes, depreciation and amortisation (Ebitda), zoomed 79.2 per cent on a Y-o-Y basis to Rs 75.6 crore in Q4FY24, from Rs 42.2 crore in Q4FY23

This garments and apparels stock jumped 7% on May 31; Know why
Updated On : 31 May 2024 | 2:31 PM IST

Govt extends export incentive scheme for apparel, garment till March 2026

The government on Thursday approved the continuation of an export incentive scheme - RoSCTL - for apparel, garments and made-ups up to March 31, 2026. The Rebate of State and Central Taxes and Levies (RoSCTL) scheme is aimed at compensating for the state and central taxes and levies in addition to the rebate provided under duty drawback scheme on export of apparel/garments and made-ups. "The Union Cabinet chaired by Prime Minister Narendra Modi approved the continuation of scheme for RoSCTL for export of apparel/garments and made-ups up to March 31, 2026," an official statement said. It said that the move will provide a stable policy regime which is essential for long-term trade planning, more so in the textiles sector where orders can be placed in advance for long-term delivery. "The continuation of RoSCTL will ensure predictability and stability in policy regime, help remove the burden of taxes and levies and provide level-playing field on the principle that goods are exported an

Govt extends export incentive scheme for apparel, garment till March 2026
Updated On : 01 Feb 2024 | 4:08 PM IST

Bengal's garment industry buyers; sellers meet generates Rs 850 cr biz

The 55th Garment Buyers and Sellers Meet of WBGMDA generated an estimated Rs 850 crore in business transactions in wholesale deals, an official said on Friday. Over 900 national and international brands participated in the three-day event of the West Bengal Garment and Manufacturer and Dealers Association (WBGMDA), a statement said. "This industry already boasts one of the largest workforces in the country, with over 50 lakh employees engaged directly or indirectly," said Hari Kishan Rathi, president of WBGMDA. "The Rs 850 crore in business transactions, driven by participation from 900 national and international brands, reinforces the potential of this meet to elevate Bengal's readymade garment industry. We are deeply grateful for the government's continued support for the textile and garment sector, particularly in promoting clothing businesses and marketing opportunities," he said. The association has requested the state government for land for a dedicated showroom hub for garme

Bengal's garment industry buyers; sellers meet generates Rs 850 cr biz
Updated On : 12 Jan 2024 | 1:04 PM IST

Women-run garment manufacturing unit to open in Raipur by early next year

The factory to employ 1,000 women in the first phase will later be expanded to generate employment for over 2,000 women

Women-run garment manufacturing unit to open in Raipur by early next year
Updated On : 13 Nov 2023 | 4:57 PM IST

Bangladesh workers' protest: 150 factories shut, cases against 11k workers

Bangladesh's garment workers earn $95 a month as minimum wage and are demanding a minimum wage of $208 a month

Bangladesh workers' protest: 150 factories shut, cases against 11k workers
Updated On : 13 Nov 2023 | 12:41 PM IST

Gokaldas Exports hits 20% upper circuit on Atraco acquisition

With this acquisition company will gain access to low-cost duty-free locations for manufacturing.

Gokaldas Exports hits 20% upper circuit on Atraco acquisition
Updated On : 29 Aug 2023 | 9:56 AM IST

Page Industries profits fall 24% in Q1 on poor demand, profits at Rs 158 cr

Page Industries, which licenses innerwear and loungewear brand Jockey International's products in India, reported a nearly 24% fall in first-quarter profit on Thursday, as softer demand weighed

Page Industries profits fall 24% in Q1 on poor demand, profits at Rs 158 cr
Updated On : 10 Aug 2023 | 4:31 PM IST

Uniqlo to expand its manufacturing bandwidth through 20 partners in India

Uniqlo has multiple production partners in India and is looking to expand this network through a large investment; CEO Tadashi Yanai says he wants Uniqlo to become the "best-selling retailer in India"

Uniqlo to expand its manufacturing bandwidth through 20 partners in India
Updated On : 29 Jun 2023 | 11:33 AM IST

Inventor of blue jeans Levi Strauss & Co channels a new water-saving idea

As part of a wider water-saving effort, the San Francisco-based company, which invented blue jeans in 1873, has become an early pioneer of a method known drily as "contextual water targets"

Inventor of blue jeans Levi Strauss & Co channels a new water-saving idea
Updated On : 25 Apr 2023 | 7:24 PM IST

Supported by PLI, export of electronic products overtake garment exports

Data released by the commerce department estimates that the exports of electronic products may have increased over 50 per cent in the financial year 2022-2023 to $23.6 billion

Supported by PLI, export of electronic products overtake garment exports
Updated On : 17 Apr 2023 | 11:41 AM IST

Welspun India seeking opportunity in kids segment through pact with Disney

Home textiles major Welspun India is seeking to tap opportunities in the kids segment through its licensing pact with The Walt Disney Company, according to Welspun's CEO and Joint Managing Director Dipali Goenka. The company, which had signed a brand licensing agreement with Walt Disney in January for the Europe and the UK market this year, also sees an increase of shelf space of licensed brands as compared to its private labels. "If there's a recession, or a slowdown, people will not compromise on their kids' demands...The kids' opportunity is huge. Whether there's a slowdown or there's a peak, that demand never tapers off," Goenka told PTI. The licence agreement had given Welspun the rights to design, develop, manufacture and distribute a complete range of home textiles products leveraging on Disney's franchises and characters across Disney, Pixar, Marvel and Lucas brands. Welspun India President & Global Head Keyur Parekh said the licensing pact with Walt Disney marks the foray

Welspun India seeking opportunity in kids segment through pact with Disney
Updated On : 12 Mar 2023 | 11:13 PM IST

Chhattisgarh: Readymade garments business thrives in insurgency zone

Over 1,000 women are associated with "Dannex" or Dantewada Next, the unit engaged in manufacturing readymade garments

Chhattisgarh: Readymade garments business thrives in insurgency zone
Updated On : 06 Mar 2023 | 6:17 PM IST

RMG exports fail to touch pre-Covid level; slowdown concerns remain

In November and December 2022-23, RMG exports saw a rise of 12 per cent and 1 per cent respectively

RMG exports fail to touch pre-Covid level; slowdown concerns remain
Updated On : 17 Jan 2023 | 11:30 PM IST

The Ukraine war's shockwaves are hurting Bangladesh's apparel industry

Clothing and textile production is by far the biggest industry in Bangladesh

The Ukraine war's shockwaves are hurting Bangladesh's apparel industry
Updated On : 25 Nov 2022 | 9:09 PM IST

High cotton prices to spoil apparel stocks' outlook in near-term: Analysts

At the bourses, shares of textile stocks like KPR Mills, Welspun India, and Vardhman Textiles have tumbled up to 45 per cent so far this year.

High cotton prices to spoil apparel stocks' outlook in near-term: Analysts
Updated On : 27 Aug 2022 | 5:10 PM IST

Bangladesh, world's no 2 clothes exporter, sees order drop as power falters

Bangladesh's garment industry is facing a double whammy from slowing global demand and an energy crisis at home that's threatening to thwart the nation's pandemic recovery

Bangladesh, world's no 2 clothes exporter, sees order drop as power falters
Updated On : 02 Aug 2022 | 11:32 AM IST