Monday, 29 August 2016

Apparel Is Leading the Online Retail Category in the Asia-Pacific Region

Apparels Online
Apparel Is Leading the Online Retail Category in the Asia Pacific Region

Recently, a market research firm based out of Germany, named unveiled a detailed report on the subject of 'Asia-Pacific Clothing B2C E-Commerce Market 2016'. As per the inferences of this report, apparel seems to be the pioneer when it comes to the online retail category across the Asia-Pacific Region. In fact, a whopping 40-50% of the online shopping enthusiasts within the region have made online purchases pertaining to the fashion segment in the year 2015.

Thursday, 25 August 2016

Apparels Received Their Special Package… Raises Hopes For Home Textile Segment

It was only last month, that a special package was announced by the Ministry Of Textiles, pertaining to the Apparels exports. Following the suit, even the stakeholders of the Home Textile Segment are lobbying for something on the similar lines. It was at a recent event held by The Cotton Textiles Export Promotion Council or Texprocil in Mumbai, when the council along with Ernst & Young released a report on ‘Textile Industry as a vehicle of job creation for inclusive growth’.

Monday, 15 August 2016

Excessive Surge in Pricing in Cotton Affecting the Indian Textile Exports

Cotton Textile India

In the year 2015-2016, the prices of cotton have risen unexpectedly and this has caught the Cotton Spinning Industry, completely off guard. So much so, that the cotton stocks with the manufacturers and suppliers were fairly low, which in turn, will lead to the overall decline in domestic output by double digits. As of now, the industry is expecting a heavy crush of profit margins, due to the increasing imbalance between the supply and demand. To make things worse, the new arrival of the crop will also be delayed this year due to the late sowing of cotton. 

Wednesday, 10 August 2016

Transport Cycle of

Textile transportation Cycle

As you may already know, is a one-of-its-kind online inventory of textile stocklots which are ready to be sold. Essentially an Indian portal, the website avails all the requisite information to potential buyers at the click of the mouse. This information is inclusive of:

  • Product Specification
  • Available Quantity 
  • An Approximate Estimate Of Price
  • Product Photographs was incepted with the idea of creating a dedicated online marketplace for textile stocklot that helps various manufacturers come on a single platform to sell their goods. The portal efficiently consolidates and markets a substantial chunk of the stock available with suppliers from all across the nation. Not only does the portal helps in increasing the overall visibility of the sellers and the product but also avails them with the opportunity to earn competitive pricing for the same - and all of this, completely free of cost.

Monday, 1 August 2016

Guide To Increase Profit Margins in Textile Industry

All businesses, whether big or small, are always on the lookout for ways to increase their profit margins. This especially holds true in case of manufacturers, for the simple reason that when the magnitude of the stock is greater, even a slight increase in the margins can prove to be substantially profitable. This holds true for the textile industry as well.

Wednesday, 13 July 2016

Amazon to Invest $3 Bn in India - How Will This Benefit The Textile Industry?

Narendra Modi with Jeff Bezos

The Founder and CEO of the e-commerce giant Amazon, Mr. Jeff Bezos recently announced the company’s plan to increase their investment in India by a whopping 3 million. This will bring the overall investment capital of the e-portal in India to over $5 Billion.

Wednesday, 6 July 2016

Government Brings in Labour Reforms via 6,000cr Textile Package

In a recent turn of events, the Union Cabinet has introduced certain changes in the labour laws of the nation, and has approved a significantly humongous package of Rs. 6,000 crore for the textile and apparel segment, in this effect.