Apparel & Fashion - July 2016

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Is T&A Sector Moving towards a New Phase? Centuries old textile and apparel industry of India is now moving towards a new trajectory of growth and development. After years of slogging, pushing, realigning and rephrasing the new textile policy is now out. The Government gave a good climax when it finally announced Rs 6,000-crore special package for textiles and apparel sector to create one crore new jobs in next 3 years, attracting investments of $11 billion and generating $30 billion in exports. The industry veterans, big, small and medium players are now waiting anxiously for all these measures to get implemented so that they can sail the boat smoothly.