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“The world is knocking. But the base of our industry still doesn’t have the keys” – Sudhir Dhingra at Apparel Sourcing Week 2025The global garment trade is knocking at India’s door. But is the Indian industry ready to open it? Not quite, says Sudhir Dhingra, Chairman and Promoter of Orient Craft Fashion Industries Ltd., who spoke with a clarity and candour at the recently concluded 5th edition of Apparel Sourcing Week in Bengaluru – a premier sourcing show organised by Apparel Resources....0 Comments 0 Shares 451 Views 0 Reviews
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ET World MSME Day: How IDBI Bank is transforming MSME financingSynopsis With digital innovation, deep local insights, and a ‘friends-first’ approach, IDBI Bank is redefining how small businesses in India access credit and scale sustainably. India's path to becoming a $5 trillion economy rests on the shoulders of micro, small, and medium enterprises (MSMEs). Accounting for almost 45% of India's exports, creating more than 110 million jobs,...0 Comments 0 Shares 163 Views 0 Reviews
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Union Minister of Textiles Shri Giriraj Singh begins official visit to Japan and holds key meetings with Japanese textile industry leadersShri Giriraj singh commenced his official visit to Japan by paying floral tribute at the statue of Mahatma Gandhi highlighting the enduring relevance of Gandhiji’s ideals of truth, non-violence, and compassion Union Minister of Textiles, Shri Giriraj Singh commenced his official visit to Tokyo, Japan on 14th July 2025 by paying floral tribute at the statue of Mahatma Gandhi, highlighting...0 Comments 0 Shares 346 Views 0 Reviews
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India can diversify exports if proposed US deal not as desired: SBIInsights The State Bank of India believes that even if the proposed India-US trade deal doesn't come up as desired and 10-per cent additional tariffs are imposed, India can still diversify its exports. India's total exports may not be significantly hit under such a condition, it noted. As the US tariffs on most Asian nations are higher than on India, this offers scope for India to raise its...0 Comments 0 Shares 276 Views 0 Reviews
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PLI Scheme – A Game Changer for India’s Textile SectorMumbai (Maharashtra) [India], July 14: The Production Linked Incentive (PLI) Scheme for Textiles, launched in 2021, has emerged as a transformative initiative for India’s textile industry. Operational from 24th September 2021 to 31st March 2030, the scheme offers financial incentives for a period of five years to promote manufacturing in Manmade Fibre (MMF) apparel, fabrics, and...0 Comments 0 Shares 451 Views 0 Reviews
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EU Delays Increased Sustainability Reporting Requirements for Large Companies by 2 YearsThe European Commission announced the adoption of a series of “quick fix” amendments to the European Sustainability Reporting Standards (ESRS), delaying the addition of new requirements for large companies already reporting under the Corporate Sustainability Reporting Directive (CSRD), including new disclosures in areas including biodiversity, workers in the value chain, and Scope 3...0 Comments 0 Shares 302 Views 0 Reviews
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Generative AI Transforms Fashion Design & Trend ForecastingA recent study has delved into the potential of generative AI models like ChatGPT and DALL-E 3 to enhance the efficiency of fashion design processes while identifying both emerging and established trends within the industry. These sophisticated generative AI tools possess the capability to create original text and imagery, leading to more streamlined workflows in fashion design. Conducted by...0 Comments 0 Shares 349 Views 0 Reviews
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Fashion Industry Faces Shift Toward Non-Luxury GrowthA recent study conducted by industry solutions provider Lectra reveals that non-luxury brands are expected to take the lead in the fashion market by 2025, marking the first time in over ten years that this segment will outpace luxury counterparts. This shift points toward a broader transformation in brand strategies, with growth anticipated to be driven more by volume than by value. Amidst a...0 Comments 0 Shares 494 Views 0 Reviews
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California Forms Independent Textile PRO for SustainabilityIn a significant move towards sustainability, the California Retailers Association, the American Apparel and Footwear Association (AAFA), and the National Retail Federation (NRF) have signed a Memorandum of Understanding (MoU) to establish an independent Producer Responsibility Organization (PRO). This initiative aims to divert textile and apparel waste from landfills by focusing on the...0 Comments 0 Shares 379 Views 0 Reviews
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