A BRIEF STUDY ON CURRENT STATURE OF INTIMATE APPAREL MARKET. THE INTIMATE APPAREL INDUSTRY IS THE ONE OF THE MOST PROMISING INDUSTRIES OF THE FUTURE. THE INCREASING CONSUMPTION OF INNERWEAR APPARELS IN INDIA AND ABROAD HAS FACILITATED TO THE BOOM IN THE SECTOR. BUT THE RECENT STIR IN COUNTRY’S TAX SYSTEM AND BUSINESS POLICIES HAS OVERTURNED THE BUSINESS FINANCIALS ACROSS ALL THE SECTORS IN THE COUNTRY. BUSINESS OPERATIONS ARE YET STRUGGLING TO SETTLE IN THIS NEW FINANCIAL SCENARIO. INTIMATE APPAREL INDUSTRY IS NO DIFFERENT. IT MAY BE RECORDING A GROWTH EVERY SEASON BUT, YET, THE INDUSTRY DOES NOT SEEM TO BE WORKING ON A FULL THROTTLE. INNERSECRETS, BRINGS TO YOU A BRIEF STUDY ON THE INTIMATE APPAREL MARKETS’ CURRENT FINANCIALS AND ITS TRUE STRUGGLES, WHICH IF DENOTED CAN PULL IN A NEW ERA OF PROFITS FOR THE INDUSTRY.
WHERE DO WE STAND? - THE CURRENT SCENARIO.
According to ICICI Direct Research, Indian Intimate Apparel Industry is currently valued at around Rs 40,000 crore and is expected to grow at a rate of 13 percent annually. It also states that by 2020, it will become a Rs. 43,700 crore industry. Moving ahead with these positive indicators of the market, the Government of India has also extended its support with its new Textile Polity 2018 that ensures benefits to the manufacturer like subsidy, capital and assistance for setting up zero liquid discharge to make manufacturing eco-friendly.
GROWTH ON THE MENU, BUT, LOSSES SERVED COLD.
According to Apparel Exports Promotion Council (AEPC) latest statistics, the first quarter of March 2018 registered a sharp decline of 17.78 percent in exports of Indian Apparel as compared to March 2017. The Indian ready-Made Garment (RMG) exports for the month of March 2018, dropped to the tune of USD 1.49 billion (approx.) in March 2018 against the corresponding month of February 2017, which was USD 1.81 billion (approx.). It witnessed a decline of whopping 18.85 percent.
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Bu hikaye Inner Secrets dergisinin May 2018 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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ZM Enterprise
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Vatika Mega Mart
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Organic Lingerie
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Make In India
A golden opportunity for intimate apparel industry stakeholder
Intimasia Kolkata 4.0
The city of joy, Kolkata, witnessed a historic spectacle on 7th, 8th and 9th of August 2019, at the colossal space of Netaji Indoor Stadium, as the fourth edition of Intimasia lit the grey sky pink with its pomp and fire.
Bihar
The Biggest Underdog Of India
The Top 10 Leading Intimate Apparel Stores Of Gwalior
AS HISTORY BREATHES IN THE TOMBS, FORTS AND CRAFTS OF GWALIOR, THE MODERN MIND PEEPS THROUGH ITS BAZAARS. FROM CITY MALLS TO GULLY SHOPS, GWALIOR HAS IT ALL. TEASING THE BUYERS WITH ITS LIGHT AND DELICATE COTTON AND SILK CHANDERI AND MAHESHWARI SARIS, ANTIQUE JEWELLERY, HANDMADE CARPETS, WALL HANGINGS, LACQUERWARE, AND ORNAMENTS, GWALIOR PROMISES TO BE A SHOPPER’S DELIGHT. THE INTIMATE WEAR MARKET IS ALSO OOZING IN THIS PART OF THE PLANET. WITH A NUMBER OF STORES, BIG AND SMALL, HOSTING A VARIETY OF COLLECTIONS IN TERMS OF RANGE, QUALITY AND CATEGORY, GWALIOR OFFERS AMPLE OF OPTIONS FOR ONE TO PICK THEIR PERFECT UNDERCOVER. IF YOU ARE PLANNING TO CHECK OUT SOME OF THE LINGERIE COLLECTIONS IN THE FORT CITY THEN YOU MUST NOT MISS THESE TOP 10 PLACES NOT ONLY FOR THEIR COVETOUS COLLECTIONS BUT ALSO TO GET A GLIMPSE OF THE UNIQUE WAYS IN WHICH THESE TRADERS ARE RULING THE BUSINESS.
Macho Hint Ropes Tiger Shroff As The New Brand Ambassador
MACHO, ONE OF THE LEADING BRANDS IN MEN’S INNERWEAR CATEGORY IN THE INDIAN MARKET LAUNCHED ITS SUB-BRAND MACHO HINT, ON 11TH SEPT 2018, AT MUMBAI. TO PROMOTE THE LAUNCH OF THIS NEW VENTURE, THE COMPANY RELEASED AN EYE-CATCHING TVC FEATURING TIGER SHROFF WITH A NEW TAGLINE ‘FASHION BADE ARAM SE’. THE YOUNG HEARTTHROB OF BUDDING INDIA IS NOW ROPED AS THE BRAND AMBASSADOR FOR MACHO HINT. THE DASHING PERSONALITY OF THE DANCING STAR APTLY RESONATES WITH THE IDEA OF ‘COMFORTABLE, FLEXIBLE AND STYLISH’ CLOTHING. THE BRAND’S MESSAGE TO OFFER A PERFECT MIX OF STYLE AND COMFORT FOR THE YOUTHFUL AND FASHIONABLE CONSUMER IS WELL RECEIVED BY ITS AUDIENCE.
The ‘Star' Distributor Of Surat
TRAVELLING THROUGH THE TIDES OF TIME, CLIMBING THE ROUGH CLIFF ONE STEP AT A TIME, SHAH NAVNITLAL NATVERLAL HR TRADERS EMERGED TO BE A BIG NAME IN THE INTIMATE WEAR CIRCUIT. ESTABLISHED WAY BACK IN THE 1960S IN THE LAND OF SURAT, HR TRADERS SWOOSHED TOWARDS AN ORGANIC GROWTH AT A FAST PACE. IN THIS MONTH’S EDITION, WE BRING YOU THE STORY PORTRAYING RAMNIK SHAH’S JOURNEY OF CEMENTING ITS FOUNDATION BRICK BY BRICK TO BUILDING AN EMPIRE FROM AN OBLIVION.
A Dynamic Edition Driven By Innovation And Inspiration!
The barons of the intimate and swimwear industries gathered under one roof as the 14th edition of Interfiliere Shanghai hosted the glorious global body fashion rendezvous on September 26th and 27th, 2018 in Sanghai.
