Forgot your password? Create an account
  • Increase font size
  • Default font size
  • Decrease font size
uniform, news, manufacturers, dealers, distributors
PRESENTED BY
Home ECONOMY Global slowdown hits textile industry’s growth
Global slowdown hits textile industry’s growth Print E-mail
Written by Administrator   
Monday, 26 September 2011 10:14
AddThis Social Bookmark Button

New Delhi: All segments of the textile and clothing (T&C) industry — from cotton to polyester and jute — have registered de-growth since April this year as a consequence of the economic slowdown, the slump in export markets, high input prices and a dampening of consumer demand.

According to a textile ministry official, all products of textiles including apparel have shown a decline in production in the months of April, May and June 2011 in comparison to same months of previous year.

"Cotton segment of the T&C industry, which weights 50% in formulating the T&C production index, has nosedived in recent months after a moderation in growth since October 2010 when sudden surge in raw material costs had started crippling the downstream value chain," said Shishir Jaipuria, president, Confederation of Indian Textile Industry.

Read more: click here. 
 



Uniform Industry Tweets

ECOMMERCE BLOG

Uniform eCommerce Expert
  • Increasing Product Prices on Uniform eCommerce Sites
    Pricing management is one of the most important, and yet most ignored processes on uniform eCommerce sites. Typically, sites, especially those who have a large amount of products, set their...
  • Delayed or Missing eCommerce E-mails
    Your website captures orders, and they are always available in your eCommerce admin. But what happens when an e-mail doesn’t show up for hours or at all? Clearly, when your...

STYLE BLOG

Uniform Style Watch
  • Happy New Year!
    In a previous blog post, I discussed recycling old, unwanted uniforms as a way to keep them out of the...
  • How to deal with stains on your chef coat
    When you work as a chef, you encounter every possible type of stain. There’s tomato sauce, wine, coffee, chocolate, oil...

UNIVATOR AWARDS

2012 UNIVATOR Awards: Eight Great Companies that Brought Innovation to Market this Year

The UNIVATOR Awards recognize innovation within the uniform industry and serve as a reminder that, even in times of economic upheaval, companies both large and small can still improve.

This current round acknowledges eight winners – some household names and some newcomers – who bucked tradition and q...

Read more...