Perfect Sourcing - January 2019
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January 2019 issue Digital Access. 
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RIGHT TIME FOR INDIA TO MOVE TOWARDS NEW PRODUCT CATEGORIES It has been quite ironic that despite the fast changing market scenario India is still dependent on natural raw material like cotton which is not only high in cost, prone to fluctuation and also creates a lot of pollution. As of now the demand for cotton is high but other fabrics made out of man-made fibers is also catching up in demand and that too in all product categories be it ladies or men’s wear. Active wear is the largest user of man-made fibers mainly because it requires functional properties. In this issue, you will read about MMF industry in India, its major players like Reliance Industries Limited, Aditya Birla Group, Bhilosa Group, and many others. Also, we talked to players in the biggest MMF hubs of India like Surat and Ludhiana on demand and supply of MMF in Indian and international arena.
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Apparel Exports Need Fresh Lease Of Life… But How???? A Report..
Last few months have been catastrophic for apparel exports industry of India. One after the other the industry was struggling with one or the other challenge. While global competition is one aspect of the challenges within the country at the moment is being regarded as the biggest deterrent to the slow situation of the industry. Burdened with higher tariffs than their competitors, the exporters need more incentives and protection to stay afloat. India’s foreign trade policy pundits need to renegotiate tariffs on apparel exports with the EU and the US to tackle the emergent economic slowdown in the country. The apparel industry is the country’s largest low technology employer after agriculture, with 45 million workers, contributing two percent of GDP and 15 percent of export earnings.
Lectra Offering Solutions For Smart Factories & Fashion
The Conventional fashion supply chain model is too opaque, fragmented and slow to respond to diversified consumer demands, quickly enough to satisfy the customers.
Peppermint Clothing Creating Complete Range In Kidswear
Automation & Productivity Core Focus Areas Eyes Turnover of Rs 300 cr in next few years
Indian Manmade Fibre (MMF) Industry In Jeopardy: Increased Imports And Esclated Cost Affects Industry
Working out tax rates for different goods and services was a huge challenge for India’s Goods and Services Tax (GST) Council. Although the GST has taken under consideration a significant part of the industry - cotton and natural fibers, distortion has been introduced in the GST system, through the ‘inverted’ duty structure on man-made fibers. Man-made fiber and synthetic yarn attract an 18% GST rate as compared to 12% excise duty, while the fabric produced from these fibers is taxed at 5%. This creates a situation where the input is taxed at a much higher rate than the final product.
GTE Celebrating 20 Yrs Of Excellence At 2020 Edition
The Garment Technology Expo (GTE’20), one of the most trusted brands as far as exhibitions related to apparel technology is concerned is geared for its 20 years of establishments and success in the garment industry.
GST Good or Bad... The Debate Continues
AEPC Chairman Ashok Rajani shared his response on GST and its impact on the Apparel Sector with Team Perfect Sourcing. Excerpts. . .
Fast Fashion
Corrupting Fashion Industry…..
Why Being Cotton Surplus
India is still Suffering Shortage?
Think Beyond Cotton
Quest To Replace The Indispensable Fibre.
LIVA Launches First LAPF Studio In Noida
Studio equipped with latest technologies ensuring complete solutions for fabric sourcing.Inauguration in the presence of Ridhima Kapoor Sahni & designer.Brainchild of NAEC, President, Lalit Thukral, who shared the idea with LAPF team to have a one stop solution for all type of fabrics for fast sampling and efficient production in Noida Cluster.
