With more monetary freedom
at one’s disposal, global consumerism is on an upswing. For the consumer
fraternity, the textile market and apparel industry have been amongst the
favorite sectors to shell out the bucks. The shift in demographic preferences
can be easily figured out from the emerging market trends highlighting the
global demand for apparels and the corresponding market competitions in place.
The textile industry is representative of a variegated spectrum of activities
ranging from cottage spinning and weaving sector at one end and capital
intensive mills at the other.