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 Branded
apparel sector consolidating to increase market share
The Indian branded apparel sector, especially in the menswear
segment, is going through a process of consolidation, with turnovers
of most of the brands remaining stagnant at a level of around Rs
60 crore, (except Park Avenue which is a Rs 100 crore brand).
EICA
plans major campaign to involve mills, ginners in cotton futures
trading
The East India Cotton Association (EICA) will be roping in mills
and ginners in order to boost trading of cotton futures in the country.
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'Though
the import of cheap raw material from china is in our favour, it
will ruin our sericulture in the long run'.
-
Jacob Samuel, Silk Garment Association of India.
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