July 2016 - Perfect Sourcing

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Inside...
10 COVER STORY
6
EDITORIAL
8
OPINION LIVE
22 MARKET UPDATE
• A.S fashions Venturing Into Golf Products
30 INDIA NEWS
• Amazon India Hires Arun Srideshmukh
• Decline of Exports from India
• Khadi as the new Convocation for IIT Mumbai
• RAM SINGH, IPS Appointed as the New Secretary General of AEPC
• Surat Fabric Industry in Stress because of Imported Fabrics
24 BURNING ISSUE
31 INTERNATIONAL NEWS
• UNIQLO to be world’ leading apparel company
• Urban Outfitters Sees Good Sales
32 RETAIL NEWS
• Arvind Limited to Raise Rs 500 cr
• Lulu Group Eyeing Indian retail sector
• US fashion brand Forever 21 acquired by Aditya Birla Fashion and Retail Limited.
• Indian Retail Will now Have 24x7 Operations
• Isaia, an Italian Menswear Brand Enters India
Textiles & Apparel
Industry on Path
Breaking Turn
• Couture Week at India with
• Tahiliani & Dongre
34 MARKET PULSE
• All Heads Turn to Khadi
46 FAIR & EVENTS
38 INTERNATIONAL UPDATE
• Dhaka’s Terror Attack Creates Turmoil in Industry
42 TECHNOLOGY UPDATE
• Are You Really Working on Efficiency? Calculate efficiency to the Core
• ORANGE-O-TEC Completes Installation of 80 Machines in India
• Lectra announces the opening of its subsidiary in Vietnam
heimtextil
INDIA
SEES GOOD RESPONSE
4
PERFECTSOURCING
July 2016
52 FAIR&EVENTS
• heimtextil Trends
• Garment Show of India comes to Delhi on 8,9,10 August
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Textile and apparel industry sees a new day of hope
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PERFECTSOURCING
July 2016
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.
Soon after the policy was announced there were mixed reactions from the industry.
While many of the manufacturers reacted positively and anticipate it to be a big game
changer many of them feel that the package will not bring a wave of business. Some
small and medium players expressed that the schemes announced are more likely to
affect the big players and will not bring something great for medium and small
exporters. Interestingly some of the big exporters also averred that the scheme will be
beneficial for new entrants in export segment especially in terms of labour reforms.
Also the big change came in when Smt Smriti Zubin Irani was elected as the textile
minister. Known for promptness and positive attitude she was warmly welcomed by the
entire industry.
With all these positive things apparel industry is definitely poised for growth.
However, still a lot depends on the industry how do they take this opportunity and
utilise it to the core. Commitment, high efficiency and productivity will remain assets of
any organisation.
Apart from this blasts in Dhaka were also turned out to be a big incident as most of the
people killed were foreigners and this has stirred the apparel and textile industry there.
So far most of the buyers have not come out clearly that will this affect the sourcing or
not but yes there is a lot of scare and uncertainty.
We definitely hope that with all these changes and new reforms the industry can
definitely look forward to a positive growth in the coming times.
Hope you will enjoy reading the issue. As always we will await for your feedbacks.
Deepti Marwah
Editor
PERFECTSOURCING
OM SAI RAM
Email: editor@perfectsourcing.net
OPINION LIVE
OPINION LIVE
Government recently approved a
package of Rs 6,000 cr for textiles
& apparel sector to create one
crore new jobs in 3 years, attracting
investments of USD 11 billion and
generating USD 30 billion in
exports. The measures approved
include additional incentives for
T
hings have not been official yet, but as
soon as it gets initiated it will be a big
relief. It is extremely beneficial as now we
can now think of developing more products, increase our
capacities, take risks and compete with our competitors in a
better way. It will become easier for us to compete with countries
like China and Bangladesh and I am really grateful to the
Government of India. This is what we were waiting for. We can now
save a lot of money and invest it in getting more machines, more
labours, which will save a lot of time. I think that the impact will come
immediately, it depends upon the government, the sooner the things
are official the results will be seen. Now the Government has done its
bit and as of now there is nothing that is left to be added. We have
already expanded our factory in Noida (sec-63) and will plan for one
more. We will now be in a better position to invest on new technology
like printing machines, which will help us competing with the
developed countries. Things seem to be on a positive track now,
let us hope for the best.
Sourabh Malhotra, WGS INTERNATIONAL
(NOIDA)
duty drawback scheme for garments,
flexibility in labour laws to increase
productivity as well as tax and
production incentives for job creation
in garment manufacturing. Do you
think that the package will help in
realizing the true potential of
employment generation and growth
in the textile and apparel sector?
8
PERFECTSOURCING
July 2016
I
do not see much improvement and
will be beneficial only for big exporters,
we being small exporters see no benefits
in it. It can be important for the large scale exporters’
whose minimum target is Rs 300 crores. The
implementation will take another 6 to 8 months. Also,
there are no direct incentives. Income tax benefits could
be increased as a lot of money is consumed in taxes. The
situation in business is really bad as earlier we had three
factories in Noida out of which we have already shut down
two.
Vinay Sadh ( Noida), K. K Global Exports,
Noida
OPINION LIVE
I
am quite disappointed with the government as it
is totally illogical, baseless and has nothing new in it.
It is like an “old wine with a new bottle. All these
schemes will be provided only for the new exporters and entities,
what about the old ones. They are trying to boost the new exporters;
there is nothing positive in this. The reimbursement is totally baseless
as it is going to the Government and nothing is coming directly. So it will
just create a tension as we will have to wait for the reimbursements. The
Government could have done it directly instead of making it a long
process. Market is very unstable and there is lot of fluctuation. Market
condition needs a lot of improvement to take the benefit of such
schemes. The package is profitable for the upper level players.
I
am very happy with the announcement and I
am hoping to make the most of it. Government
has done their bit and now it totally depends
upon the buyers. If the number of buyers increases the
results will be seen soon. It will take two to three months
for the impact to be visible. We will see a lot of competition
and for a quick response the number of buyers coming to
India for sourcing has to be increased.
Nidhi Sadh, NH FASHIONS (South Delhi)
Kapil Sadh, S.K Overseas, (Greater Noida)
T
I
his measure will help the exports to attract 16 to
20 percent duty in all the major international
markets. It is a good reform launched by the
government. The entire textile value chain will get benefit from this
move. After the announcement the drawback at all industries rate
should be given even when fabric inputs are imported under Advance
Authorisation scheme. We also request the Government that they should
precisely analyze this and then implement specifically only for those
fabrics which are not available in India. Thus, this will provide additional
incentive of 10 percent Capital subsidy in Amended Technology Up
gradation Fund Scheme from 15 to 25 percent will experience a hike
in the employment zone.
am very happy by the announcement and now we
are expecting to get some more customers, more
competition and more scope of work. We are not
completely aware about the whole package, but we will look
into the matter. As far the impact, it is just the beginning and it
will take some time for things to get sorted out. There are no
areas that have been neglected.
Tauqeer Ahmad, Paramount Chikan Export,
Lucknow
M Senthilkumar, Chairman,
Southern India Mills’ Association
T
hings are not official
yet, but there is a lot that
can be done. We can now
plan of expansion, increase
our capacity and hire a lot of labours. It will now
be easy for us to compete with countries like China,
Bangladesh and Nepal. The impact will be visible in
another 6 months, but the efforts have to be started
from the first day itself. Yes, we are planning
expansion and it will be done as soon as the paper
work is done.
I
t it will really benefit us in the long- term,
however, this will also lead to high competition. It
will take at least a year for the impact to arrive, and
as far as the areas which are neglected I think only time will
tell that. As of now we do not have any expansion plans, but
definitely we are hoping for things to get sorted out.
Sharad Kapoor, MLK Exports, Lucknow
Dhruv Gupta, Taurus Global,
Gurgaon
July 2016
PERFECTSOURCING
9
www.yourmoney.com
10
PERFECTSOURCING
July 2016
COVER STORY
A
fter 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 of apparel
exports smoothly.
For many years the garment and
textile industry was at loggerheads
because of growing competition from
Bangladesh, China, Vietnam and
Cambodia. The industry always
complained of lack of support from
the Government to a sector which is
the biggest employment provider
after agriculture. The labour policies,
duty drawbacks, taxes, EPF, import
duties and many more areas have
been a big issue of concern for
garment export industry.
Archaic labour rules are among
reasons behind slower growth rate in
garments exports. This resulted in
Bangladesh beating India in garment
exports in 2003 and Vietnam in
2011. India’s garment exports were
to the tune of $17 billion in 2014,
trailing Bangladesh’s $29 billion and
Vietnam’s $21 billion. India’s overall
textiles and garments exports stood
almost flat at $40 billion in 2015-16
compared with the previous year.
Despite being the world’s secondlargest producer of cotton in 2014,
India accounted for just 5.8% and
3.7% of global textile and garment
exports, respectively. China
maintained a huge margin with
share of 35.6% and 38.6%, showed
the WTO data. India’s textile and
garments sector employ around 32
million people, the largest jobs
provider after agriculture.
According to a recent World Bank
report, a potential 10% rise in
apparel prices in China could help
India create at least 1.2 million new
jobs in its garment industry. Women
are going to benefit the most, as
every 1% increase in wages could
raise the probability of
The new measures approved
includes additional incentives for
duty drawback scheme for garments,
flexibility in labour laws to increase
productivity as well as tax and
production incentives for job
creation in garment manufacturing.
“The package will help in
realising the true potential of
employment generation in the textile
and apparel sector,” finance minister
Arun Jaitley told reporters. The
decision was taken at a meeting of
the Union Cabinet chaired by Prime
Minister Narendra Modi.
“We will overtake Vietnam and
Bangladesh in garment exports
within next three years if we
properly implement the package,”
said textiles Secretary Rashmi
Verma.
Among the measures to usher in
flexibility in labour laws are
increasing overtime hours for
workers which are not to exceed 8
hours per week in line with ILO
norms and introduction of fixed
term employment looking at the
seasonal nature of the garment
sector. the overtime work limits for
willing workers to 8 hours per week
(which will translate into roughly
100 hours a quarter), against the
current 50 hours per quarter. So a
garment factory will now have the
flexibility to hire contractual workers
for a fixed period and get willing
workers to do overtime to be able to
meet supply commitments, given the
highly seasonal nature of export
orders.
A fixed term workman will be
considered at par with permanent
workman in terms of working hours,
wages, allowanced and other
statutory dues. The package breaks
new ground in moving from input to
outcome based incentives by
increasing subsidy under AmendedTUFS from 15% to 25% for the
Narendra K. Goenka,
MD, Texport
Industries Pvt. Ltd.
T
his is a good opportunity for
the apparel industry and was
required from a very long
time. We have the expertise and now we
should expand the factories and capacities
otherwise these three years will just pass by.
We will be focusing more on automation,
however, having workers is also required. I
firmly believe that over the next four to five
years, we will see the impact of these policies.
As of now we which with have a 2000 work
force increase every year for at least 3 to 4
years.
July 2016
PERFECTSOURCING
11
COVER STORY
Virender Uppal,
Richa Group
SUMMARY - 3 YEAR IMPACT
Segment / Intervention
NIL
1.6
Total
Employment
Director &
Indirect
(Lakhs)
5.7
NIL
2.7
4.0
4.0
RS. 400-500
crores
2.6
12.25
7.0
Additional 5% duty Drawback for garments
Rs. 5,500 crores
2.7
9.5
9.5
Labour Law reforms
NIL
1.4
1.75
4.2
Direct employment : upstream segments @35% (yarn,
fabric & processing
--
--
10.7
Measures to Enhance Competitivness of the Apparel
Industry
80JJ Amendments
Additional TUFS for Garmenting
Additional 3.67% EPF contribution
Indirect employment* (1:1.3)
Total
T
he news has come at a very
good point and was
required for a very long
time as the growth and development of our
industry was getting affected. Now we can
increase number of workers and factories as
well. If FTA with EU is signed we will
definitely gain a very strong position and will
be able to compete with countries like
Bangladesh and Vietnam. Even Bangladesh
does not have a good infrastructure, buyers
from the bottom of the heart do not want to
go there but because of the cheap prices they
are left with no other option. Even during
the phase of recession Bangladesh was still
growing its exports to US and US. The
Government has offered a very good
package, but now there are a lot of textile
people who are against it. Even the APJ i.e.
the information related to the income tax, it
is a benefit that if we employ more number
of people and the employees work for 150
days then the number goes to 300 days. And
I have requested the Government that seeing
the seasonal nature of industry APJJ should
be given for this industry as well and it
should be for 150 days .If the additional
workers work for 150 days then they get an
additional income tax at a rate of 30 %
which is a very big number.
12
PERFECTSOURCING
July 2016
garment sector as a boost to
employment generation. A unique
feature of the scheme will be to
disburse the subsidy only after the
expected jobs are created.
The majority of new jobs are
likely to go to women since the
garment industry employs nearly
70% women workforce. Thus, the
package would help in social
transformation through women
empowerment.
Industry bodies welcomed the
initiatives, including labour reforms,
saying that the sector has huge
potential for job creation. Some said
however that support for R&D was
missing.
Govt. of India shall bear the
entire 12% of the employers’
contribution of the Employers
Provident Fund Scheme for new
employees of garment industry for
first 3 years who are earning less
than Rs. 15,000 per month. At
present, 8.33% of employer’s
contribution is already being
provided by Government under
Pradhan Mantri Rozgar Protsahan
Yojana (PMRPY). Ministry of
Textiles shall provide additional
3.67% of the employer’s contribution
amounting to Rs. 1,170 crores over
next 3 years.
According to CII, with an increase
in wages and the yuan gaining
strength, industry is shifting its base
away from China, creating a
potential market of over USD 280
billion for other countries to capture.
The shift is already happening in the
apparel sector, large shifts are
expected in fabric and yarn sourcing
as well. Though Bangladesh and
Vietnam are the current
Annual outgo
-Rs. 6,000
crores
Additional
Investment
(US$ bn.)
Additional
Exports
(US$ bin.)
5.7
--
56.4
--
11.0
100.3
30.4
frontrunners, emergence of hubs in
Africa (eg Ethiopia) and a strong
resurgence seen for manufacturing in
the US, the future landscape could be
dramatically different.
The Centre plans to implement
the entire incentive package for the
textiles and garments sector
announced recently which includes
fiscal sops as well as labour law
flexibilities over the next three months.
“We need to come out with
notifications in most cases while in
some instances, like changes in the
Employees Provident Fund scheme,
there may be need for amending the
necessary Act. But, we hope to get all
this done in three months,” Textile
Ministry Joint Secretary Sunaina
Tomar said,
The Textile Ministry has asked the
industry to provide data on the State
taxes being paid by exporters which
need to be reimbursed. “We have
short-listed 550 exporters spread
across the country to give a detailed
list of all such taxes which include
octroi, municipality tax and various
levies so that the government gets
the appropriate inputs for calculation
of fresh drawback rates,” said AEPC
Chairman Ashok Rajani.
The government has promised
that the new rates will be applicable
with retrospective effect from June
22, 2016.
In 2015, India’s garments exports
were worth $17.1 billion, which was
3.6 per cent higher than exports
worth $16.5 billion in the previous
year. China, on the other hand,
exported garments worth $162.5
billion in 2016, which was lower by
3.5 per cent compared to what it
exported the previous year.
COVER STORY
Strategies formulated to
enhance impact
Strategy
1
To focus on world top 20 garment products
> To focus from Top 20 garment products from India
> To focus on products which are offloaded by China in 2015
> Focus Eighteen Products are:S
HS
No. Code
Description
1 620520 Men’s/Boy’s shirts, of cotton, not knitted
Women’s/Girl’s dresses, of synthetic fibres, not
knitted
Women’s/Girl’s blouses and shirts, of
3 620640
manmade fibers, not knitted
2 620443
4
610510 Men’s/Boy’s shirts, of cotton, knitted
5
611120
6 620630
Babies garments, cotton, knitted
Women’s/Girl’s blouses and shirts, of cotton,
not knitted
Strategy 2
To accelerate export growth rate in preferential
market & market diversification
> Recognizing uncertainty in the two major markets,
aggressively exploring alternatives like China, Mid East and
Africa
> Workshop on utilizing better market access of RMG where
India has signed Trade Agreements like India-Japan CEPA,
India - Malaysia CECA, India - South Korea CEPA, India –
ASEAN FTA, India - Singapore CECA, India-Chile PTA etc.
> Seminar on potential for Doing Business in Latin America,
Africa & Russia
Strategy 3
Facilitate input availability for enhancing
competitiveness and speed to delivery
> Machinery - AEPC will be holding meeting with leading
machinery manufactures to discuss ways to enhance
machinery stock in India and also partner for creating
awareness on new machinery and technologies
> Fabric - Enhance availability of grey fabric stock for faster
conversion, as per orders
> Accessory - Ease availability of imported fabrics and
accessories through bonded warehouse & option to
purchase across the counter, without LC requirement
> Workmen – Propose State govts. to facilitate plug –andplay factories in labor catchment areas.
July 2016
PERFECTSOURCING
13
COVER STORY
Ashok G. Rajani,
Chairman, AEPC
STRATEGY 4
Increasing Interaction with Industry Players for awareness
> Awareness to exporters - Press Conference & Awareness Workshops,
Print Advertisement & Website updates, magazine
> Mobilizing Pledge from garment exporters for planned commitments
on investment and job creation
> Awareness seminars, to be organized in major clusters like Tirupur,
Chennai , Bangalore, Mumbai, Jaipur, Ludhiana, Kolkata, Gurgaon
> Awareness to Buyers and Buying agents
> Helpdesk on AEPC Website - To create an Investor Group among
interested exporters for giving them dedicated assistance under ATUFS,
in close cooperation with Textile Commissioner.
> Active monitoring by EC AEPC - To review and monitor updates
received by AEPC on the new workmen engaged by the industry on
periodic basis
> Special Awards - To create award under Export Award for the “Highest
Employment Generator of the new workmen” and “Highest investment
by using the ATUFS”
Change in Labour reforms
Current Provision:
I
14
t is a great step towards
increase of garment exports
from India. As an exporter now
my strategies are very clear. The first and the
most important thing that I would do will be
reducing the prices with the help of the
benefits that I have in terms of duty
drawbacks. Earlier we were losing
competition because of the prices and now
with the support of duty drawbacks we will
quote better prices. I will pick up the orders,
which I was not able to. Now we will be able
to fight on the prices. Earlier we were not
importing much fabrics as we were not
getting the advantage of duties, but now we
can use the drawbacks in full way. With this
added drawback, our drawback should go up
to 12% and with that 12 % our advance license
will give us 50%. We are going to invest in
new machineries and add new factories as
well. I foresee that the impact of this will
definitely appear over the next 6 months. We
will be able to employ more workers. The lean
seasons will shrink. Last year in the UAE our
exports grew by 48%, there are markets in the
Middle East and the biggest market is in
China that are still unexplored. With China
already vacating space in the global market
for garments, there is a huge opportunity for
Indian exporters to fill the gap. The new
incentives will make the garments sector in
the country more competitive as exporters
will be able to match the low prices offered by
Bangladesh and Vietnam.
PERFECTSOURCING
July 2016
> As per Factories Act, 1948, Section 64, there is a cap of 50 hours a
quarter
Proposed Provision:
> Overtime hours for workers not to exceed 8 hours per week in line with
ILO norms.
Proposed Provision:
> This shall lead to increased earnings for the workers
> Introduction of fixed term employment
> Looking to the seasonal nature of the industry, fixed term employment
shall be introduced for the garment sector
> A fixed term workman will be considered at par with permanent
workman in terms of working hours, wages, allowanced and other
statutory dues.
> Making employees contribution to EPF optional for employees earning
less than Rs. 15,000 per month
> Additional take home wages to employees; option of choice
COVER STORY
Sudhir Dhingra, CMD,
Orient Craft
HKL Magu, MD,
Jyoti Apparels
F
or automobiles, if we need the sales to be Rs
3000 crores, the investment has to be Rs5000,
however, garment industry is different. For
many years the garment industry was facing a big challenge of
less demand from the international market. This package will
bring a lot of excitement as whatever money comes in, will help
us in competing with our competitors. We were facing a lot of
competition from countries like Vietnam, Bangladesh and
Cambodia mainly due to difference in prices. Buyers did not
wanted to increase sourcing from these countries at that pace,
but could not help as the prices were really big concern. The
customers will come to India and will keep coming here as they
like to work with India. When I heard the news I was very
happy, as I was partially involved in whatever has happened, I
have personally written to the Prime Minister through different
sources and he has very much acknowledged it. ‘’
With this new package the industry would get a lot of help as
the labour cost will go down because there will be no provident
fund. This gives us a lot of relief as now we have more money to
compete. There are a lot of states in our country where
minimum wages are very low and this is a time when can we
move to such areas. I still feel that FTA will be a big game
changer. Even if the FTA with US happens it will increase
exports from US where import duties are 29 % on man- made
fiber which is a big number, so all these business will come
running to us, in fact, we will run short of capacities and I can
guarantee that the day FTA gets acknowledged this business
with European Union will become at least 300 %. Today it is of
USD8 billion and then it will be at least USD24 bn. With this
announcement we have started working on strategies. As far as
expansion of factories is concerned we recently opened one and
now we are planning to open two more factories in Noida
(sector 63).
16
PERFECTSOURCING
July 2016
T
he best thing that has
happened is in terms of
labour reform, which we
were waiting for the last 15 years and
almost every Government was neglecting it.
It is good for the industry and the
employers as well. There are certain
employers who do not get their PF. Finally
Government has recognized it. We will be
able to expand, the fear is now gone.
Several relaxations in the labour law,
including introduction of fixed term
employment in the sector, making EPF
optional for employees earning less than
`15,000 per month and the government
bearing the entire employer’s contribution
of 12 per cent under the EPF Scheme for
new employees of garment industry earning
less than `15,000 per month, for the first
three years, are also part of the package.
The enhanced scope of income tax
exemption under Section 80JJAA of the
Income Tax Act and additional funding
under the Technology Upgradation Fund
Scheme (TUFS) from 15 to 25 percent is
also a big move.
COVER STORY
Advantages of the package
Additional incentives under ATUFS
www.moving2madrid.com
Tax Benefits
• Current Provision:
> Under Section 80JJAA (Sub Section (1), deduction is
allowed for the amount equal to 30% of additional wages paid to new regular workmen (no casual/contract labor)
where minimum 50 (Finance Bill 2015) workers are
employed by the asessee during the previous year, subject
to employment of not less than 240 days during the
previous year.
• Proposed Provision:
> Reduction in number of working days from 240 to 150
under section 80JJAA of Income Tax Act.
> The proposal, would enable small and medium enterprises
to take advantage, since so far these units are not able to
take advantage due to nature of employment. i.e. seasonal
nature of the industry.
Package Details – Additional
Incentives under Duty Drawbacks
for Garments
> In a first of its kind move, a new scheme will be introduced
to refund the state levies which were not refunded so far.
> This move is expected to cost the exchequer Rs. 5500
crores but will greatly boost the competitiveness of Indian
exports in foreign markets.
> Drawback at All Industries Rate to be given for domestic
duty paid inputs even when fabrics are imported under
Advance Authorization Scheme
> Impact Envisaged in Three years
> Increase in exports by 9.5 billion US$
> Increase in employment by 9.5 lakhs
> Increase in investment by 2.7 billion US$
PERFECTSOURCING
> Apparel, Garment and Technical Textiles, where 15
percent subsidy would be provided on capital investment,
subject to a ceiling of 30 crore rupees for entrepreneurs
over a period of five years.
• Proposed Provision
> The package breaks new ground in moving from input to
outcome based incentives by increasing subsidy under
Amended-TUFS from 15% to 25% for the garment sector
as a boost to employment generation.
• Impact
• Impact:
18
• Current Provision:
July 2016
> Additional production and employment generated after a
period of 3 years.
• Employee Provident Fund Scheme Reforms
> Govt. of India shall bear the entire 12% of the employers’
contribution of the Employers Provident Fund Scheme for
new employees of garment industry for first 3 years who
are earning less than Rs. 15,000 per month.
> At present, 8.33% of employer’s contribution is already
being provided by Government under Pradhan Mantri
Rozgar Protsahan Yojana (PMRPY). Ministry of Textiles
shall provide additional 3.67% of the employer’s
contribution amounting to Rs. 1,170 crores over next 3
years.
> EPF shall be made optional for employees earning less
than Rs. 15,000 per month
> This shall leave more money in the hands of the workers
and also promote employment in the formal sector.
COVER STORY
www.mesa.ca
WILL THE INDUSTRY ACHIEVE HIGH
TARGETS OF EMPLOYMENT?
T
extile and apparel industry
is likely to create only 29
lakh jobs compared to the
government’s target of one
crore new jobs, even as the sectors
market size is expected to grow by 40%
to USD 142 billion in the next five years.
As textile and apparel industry is
moving towards automation, the
industry is unlikely to create more jobs
along with the growth in the industry.
The expected job creation in the
domestic textile and apparel sector
would be 29 lakh in the next 5 years,”
said a joint study conducted by industry
body Texprocil and E&Y. E&Y report
said the technological advancement
leading to increased efficiency may
reduce job opportunities. From a high of
40 workers being employed by the
industry, it has now declined to 25
workers per Rs 1 crore.
The spinning, automatic cutters and
auto-splicers divisions have replaced a
job of 20 workers by 2 workers. The
Inter-fiber shift moving from relatively
labour intensive spun yarn to synthetic
filament segment is also leading to lower
job creation, it said. As per a World
Bank report, 69 per cent of the jobs in
India are at a higher risk of being
replaced by automation.
The report pointed out that because
of absence of FTAs with the EU,
Australia and Canada, almost 55 lakh
jobs are lost due added exports that
would have been generated if the FTAs
were signed. Thus it is imperative to
bring out the employment potential of
the textile sector, especially in rural
India by developing non-migratory
models of manufacturing which is very
popular in countries like Bangladesh,
Cambodia and Myanmar.
E&Y also said textile and apparel
exports may post a CAGR of 9% to touch
USD 62 billion by 2021 from USD 40
billion in 2016. The domestic market is
also expected to register CAGR of 5.2%
to USD 80 billion by 2021 from USD 62
billion in 2016.
The PACKAGE MIGHT INCLUDE
TEXTILES ALSO
T
extile secretary Rashmi
Verma said the ministry
expects the special package
announced for the garments
sector to be extended to the textile
sector as well, at least things such as
fixed-term employment and increase in
the overtime limit for workers. Close on
the heels of the government announcing
radical changes in labour rules and a
R6,000-crore package for the garments
sector, the textile ministry has started
pitching for extension of at least the
labour reforms to the textile (yarns,
fabrics and made-ups) sector.Since both
the labour-intensive sectors
complement each other, extension of
labour reforms to textiles, including
spinning, will enable India to better
capture the space being ceded by China
due to soaring wages costs there, apart
from helping create new jobs.
Last month, the government
20
PERFECTSOURCING
July 2016
announced that contribution to the
Employees’ Provident Fund (EPF) will
be optional for garment sector
employees earning less than Rs 15,000
per month. Such a move will leave more
money in the hands of workers and help
boost rural demand. Moreover, the
Analysts say with the government
announcing a 24% hike in salary as
recommended by the 7th Pay
Commission for even low-ranked and
unskilled staff, the need for labour
reforms across sectors has become
greater than ever to enable private
players to hire employees with less or
limited skills at reasonable costs.
MARKET UPDATE
N
Dhiraj Jha, MD, A S Fashion
oida based A.S.
fashions, which is
engaged in
manufacturing and
exporting of women’s wear garments
will soon be venturing into golf
products by the name AS GOLF. In an
interesting conversation with Dhiraj
Jha, MD, A S Fashion, who shared
important requirements of apparel
industry and stressed on the fact that
there is an urgent need to keep a
track of time and update as
apparel industry is one of those
where the fashion cycles are
changing at the flip of a page.
The company strongly believes
in working on the pulse of the
customer by having a strong design
team which can produce every kind of
sample and bring innovative range
every time the buyer steps in. “Our
strength is our design team which has
the capacity to produce garments in
just three days supported by our
opertaions team who ensure that all
the range reaches buyers on time,”
said Jha.
The company is experimenting
with a lot of fabrics, however, voile is
one which is being used by them very
often. On being asked why golf
A.S fashions
Venturing
Into Golf Products
22
PERFECTSOURCING
July 2016
products, he said, “This is an unexplored
are and so far there no market has
lingered into products for kids.” He also
said AS FASHION has good
manufacturing set up and exposure to
market trends along with that expertise in
using technical fabrics can help in
building up the golf category. “This is a
segment where people can afford and
even if 2% of the people in India can
afford it, it develops into a huge market’’.
s Talking about the current market
scenario, he said, “Export cycle is a
merry-go round sort of business which
bounces back after three years with
fashion changing accordingly. He adds,
‘’I definitely assume that by 2018 or at
the most 2021, this would be a very good
industry to work however, everybody in
this field needs to think about invention,
in terms of new product range for buyers
who are entering the Indian market.” He
also stressed on the fact that fashion
industry is a trillion-dollar industry that
needs government policies or schemes to
boost itself from time to time.
“Supportive Government policies,
good labour reforms and tougher
punishments to violations of rules and
regulations is the need of hour,” he
averred. He also suggested that a
concrete effort towards training people
for the industry is required with starting
an education system especially in
villages or in Tier-2 and Tier-3 cities
consisting of a skill development
syllabus alongside the major ones.
“Noida Apparel Export Cluster has been
helping out the industry in every aspect.
The cluster also organizes programs
where they interact with the government
agency and is also soon going to have a
apparel park,’ he said.
According to him, the reason for the
European or the Americans not being
able to produce certain goods or
garments is because the people are now
moving to different sectors like
telecommunications, IT and big retailers
are drifting to South East Asian
countries for sourcing. “GAP and other
big buyers have started NGOs for skill
development programs in the remotest
areas in Latin American and African
countries because the cost of the
production is very less,” he informed.
Jha feels that the country will grow at
the rate of 6%-7% in the next 10 years
because the education level is going up
and the industry will need a much better
salary to survive. “Everything is
correlated and the industry is eventually
going to lose out on people if it is not
cost effective.
BURNING ISSUE
Textiles & Apparel Industry
on Path Breaking Turn
New Textile Policy & Proactive Textile Minister Set to
Take Industry to new Heights
Smt. Smriti Zubin Irani, Minister of Textiles
T
he textile and apparel
industry is definitely
on a path breaking
track. Just few days
after the Government
announcement on New Textile
Policy, the government has come
up with another breaking news.
Smt Smriti Irani, who was earlier
heading the HRD Ministry has
taken over as the Textile Minister.
The decision came after the Modi
Cabinet was revamped with fresh
inductions and a few change of
ministries. But the change which
made the headlines was the
transfer of Smriti Irani from the
24
PERFECTSOURCING
July 2016
HRD Ministry to the Textile
Ministry. Smt Smriti, who has
served as the HRD minister for
two years now, made way for
Prakash Javdekar who is the new
HRD Minister
While talking to the reporters
after taking charge of the new
portfolio the minister said, “I am
happy that I have been given an
opportunity especially when a
special package has been
announced for the sector. This
signifies that my party and
especially the Prime Minister has
faith that I have the capacity to
implement the roadmap that was
projected through the Cabinet for
the rest of the country”. She also
added that she is hopeful that the
much-awaited new national textile
policy “will soon see the light of
day”. She said that the sector has a
lot of unrealized potential in terms
of skill and employment, and that
it can play a very important role in
scaling up the ‘Make In India’
vision of the Prime Minister. She
noted that the textiles sector
provides employment to a large
number of women, and that she
will continue the efforts being
taken under the leadership of the
Prime Minister to engage with the
industry and help increase the
exports of the sector. Citing that
the weavers are the foundation of
the sector, Irani assured that the
Government would strive to help
them to the maximum possible
extent.
The news of Irani taking the
charge started off with many
positive events especially for
textile major companies. Shares of
nine textile companies rose by
0.45% to 4.13% at on BSE. Alok
Industries (up 4.13%), Hanung
Toys and Textiles (up 3.32%),
Bombay Dyeing & Manufacturing
Company (up 2.76%), Gokaldas
Exports (up 2.01%), Nitin
Ashok G. Rajani,
Chairman, AEPC said, “We
are delighted to welcome
our new Minister. She is
very dynamic, a go-getter
and the right person to
drive the industry to
achieve targets that new
package has set for us. We
very warmly welcome her.
This truly is women’s
empowerment of sorts.
We now have all women
ministry. Be it the
minister, Secretary, Add
Secretary, Joint Secretary
& the Textile
commissioner. Thus, we
look forward to great
times along with growth.”
BURNING ISSUE
Rahul Mehta, Chairman,
CMAI, said, “We welcome her
and hope that with her
dynamism she will enthuse the
Industry to achieve the
ambitious targets set.”
Rakesh Vaid, CMD,
Usha Fab, a Gurgaon based
unit shared, “I think it is
path breaking policy, this
should give our industry a
lot of pace in terms of
growth, the labour policy
has already changed and is
a very good move, I feel
that the Government has
worked in a very holistic
manner and on this
appointing Ms. Irani as the
new Minsiter is a special
bonanza. She will be of
great help as she is very
active, a go getter and I
strongly feel that she will
be an asset to the industry.
26
PERFECTSOURCING
July 2016
Spinners (up 1.22%), Arvind (up
0.99%), Raymond (up 0.52%),
Vardhman Textiles (up 0.51%)
and Century Textiles and
Industries (up 0.45%), edged
higher.
The government
announced sops worth Rs
6,000 cr to be given to the
textile industry over the next
three years to create 10
million jobs, attract $11
billion in investment and
generate. Irani’s job will be
to get the announcements
translated into action. The
decision to reimburse
employees’ provident fund
contribution was made in the
Budget in February but has
not been notified. She will
have to get the labour
ministry to issue the
notifications on overtime
and fixed term contracts as
well. States will have to be
persuaded to notify locations
and create plug- and- play
infrastructure at competitive
rates in textile parks. “Irani
will have to make the Indian
apparel industry see itself as
part of the global fashion
industry, where trends are
dictated by youth making
online purchases,” says
Darlie Koshy, DirectorGeneral of Apparel Training
and Design Centre. “The
consumer does not respect
the divisions of the Indian
textile and apparel industry
which mimic those of the
caste system - cotton vs
synthetics, handloom vs
mill-made, spinners vs
knitters, and its
preoccupation with
government handouts,” he
added.
Other areas which would
need immediate attention
from the Minister will be to
have foreign investors for
synthetic fabric production
that will help India in
achieving strength in an area
which has always been a
weakness. Apart from this
she will have to get duty-free
access to major markets like
the European Union which
has been a long awaited issue
and removes the 8 to 9%
percent cost disadvantage.
While the news came
up many said that she
has been demoted,
however, industry
takes it in a different
way and shuts up with
following points.
Glimpse of Apparel & Textile
Industry in India
$ 100 Billion is the size, by revenue, that
the textile and apparel industry in India is
projected to reach by 2016-17, from $67
Billion in 2013-14
• 45 Million people are employed directly
in the textile industry, making it the
largest employer after agriculture
• 35 million is the number of additional
jobs the new the new textile policy aims
to create
• $36 billion is the amount textile and
garment exports earn every year, which
is equal to 14% of India’s export
earnings
• $300 billion is the value the new textile
policy aims to clock in exports by 202425
• 2% of GDP is accounted for by the textile
industry, making it crucial to the
economy
• 10% is the industry’s contribution to
overall manufacturing production in the
country
• 100 is the number of countries to which
India exports its textiles and garment.
The United States and the European
Union account for two-thirds of India’s
textiles exports
With all these important points, new
package and a dynamic leader apparel
and textile industry is definitely moving up
ladder of growth. However, a lot depends
on manufacturers also how do they utilize
the opportunity of having a great
combination at their side. So far the
government has never been enthusiastic
about the textile sector and now it is
getting all the attention that was needed
for many years. Transparency is the key
for success and with the power of social
media going up everyday, we can
definitely look forward to happy days
again in textile and apparel industry. A
dynamic ministry can bring many longawaited changes to Indian fashion, luxury,
textile production, promotion, policy and
potential. It is inherently glamorous—this
job.
Lectra, a French Société Anonyme with capital of €28,918,680 - RCS Paris B 300 702 305 - Registered office: 16-18 Chalgrin – 75016 Paris – France - Tel: + 33(0) 1 53 64 42 00 Fax: + 33 (0) 1 53 64 43 00 / ® Vector is a registered trademark of Lectra / Graphic Design by BUG Agency / photos Getty Images
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INDIA NEWS
Amazon India Hires Arun
Srideshmukh
A
run Srideshmukh, the Fashionara co-founder has
been appointed as the head of its fashion portfolio
by Amazon India. Arun, the former CEO of Reliance Trends, the fashion and lifestyle business of
Reliance Retail is also an entrepreneur himself with Fashionara. Fashion and lifestyle section grew three times over the
past six months to 15,000 local and global brands are now
offering even more than two million products. There was a
hike of 200 percent in the first four months of 2016 than the
previous year in terms of fashion products.
RAM SINGH, IPS Appointed as the
New Secretary General of AEPC
R
am Singh, a Punjab Cadre IPS officer, has been
appointed as the new secretary general of Apparel
Export Promotion Council (AEPC), the official body
of apparel exporters in India that provides invaluable assistance to Indian exporters as well as importers/
international buyers who choose India as their preferred
sourcing destination for garments. Singh is presently posted
as director, ministry of textiles, Government of India, and has
been given additional charge, as the secretary general of
AEPC. He is a decorated 1994 batch officer and is a graduate
with “Institute Silver Medal” for 1st rank from Indian
Institute of Technology (IIT), Delhi. He has worked in myriad
other departments like Commissioner of Police in Jalandhar
and Amritsar; IGP/Border Zone, Amritsar; and DIG/Border
Range, Amritsar; and Senior Superintendent of Police in
various districts in Punjab. His achievements include Police
Medal for Meritorious Service in year 2011, two UN Medals
for exceptional contributions to United Nations during
his posting in UN Mission in Kosovo (UNMIK), DGP
Commendation Disc for outstanding service in year 2011 and
also graded for “Outstanding-Exceptional Performance”, the
highest possible grade in UN Annual Confidential Report
during his posting with UNMIK.
www.fabricsbyrita.com
Decline of Exports from India
T
he decline of Indian exports that
have fallen for 18
months in a row
now, has been arrested in May,
says the government and that it
is time to extend incentives to
boost the overseas shipments.
According to Commerce and Industry Minister Nirmala
Sitharaman, the decline has bottomed out although exports
may be rising slowly. Last month’s indicators show that it has
now come down to 0.79 per cent, which is still a situation
where we have to do a lot more to allow it to pick up. India’s
exports fell for the 18th month in a row in May, though
marginally by 0.79 per cent, to $22.17 billion as several nonoil sectors such as engineering and gems and jewellery saw a
rise in outward shipments. The decline in May was lowest
since December 2014. he Minister’s statement about
arresting falling exports is likely to encourage the textiles
sector. India’s textiles and apparel exports fell 1.46 per cent in
2015-16. The apparel sector has been pressing the government to expedite free trade agreements the with EU and two
other major trade deals with Australia and Canada to boost
exports.
Surat Fabric Industry in Stress
because of Imported Fabrics
T
he Textiles Ministry has asked the Textiles
Commissioner to gather details on the state of affairs
of Surat’s man-made fabric (MMF) sector from the
textile associations and Southern Gujarat Chamber
of Commerce and Industry (SGCCI).
This came in after Surat’s MMF producers complained to the
government that under-invoiced Chinese fabrics have led to
the closure of over three lakh powerloom in the last three
months. Surat’s MMF sector contributes around 40 per cent
of nation’s MMF demand. The daily production of MMF in
the city is pegged at four crore metres. only 70 per cent of the
weaving units are operational at the capacity less than 60 per
cent, while the rest have shut shops. Around 90 per cent of
the units are not getting job-work from the traders. All the
individual weaving associations in the city have been asked to
submit details to the textile commissioner’s office.
K
hadi has been chosen as the Convocation robe for
IIT, Mumbai. After Gujarat University now khadi
has also made a niche in the hearts of authorities of
premiere Indian Institute of Technology, Mumbai.
The appeal and popularity of Khadi has fascinated them to
place an order for 3,500 uttarias or angavastrams made of
honey comb towel cotton Khadi for use by students at the
time of Institute’s convocation. This is a significant development showing the popularity of khadi in every sphere of life.
30
PERFECTSOURCING
July 2016
www.fabricsbyrita.com
Khadi as the new Convocation for
IIT Mumbai
INTERNATIONAL NEWS
U
niqlo’s parent company, Fast Retailing, has
declared it wants to become the world’s leading
global apparel company. According to its own data,
it is currently in fourth place, behind Inditex (Zara),
based in Spain, Hennes & Mauritz (H&M) in Sweden and
Limited Brands in the U.S., which operates a stable of brands
including Victoria’s Secret. Although revenues and earnings
per share were up strongly in 2015 over 2014, Uniqlo has
more recently run into the same headwinds dragging down
apparel sales at other retailers — odd global weather patterns,
online retailers and consumers growing increasingly concerned about paying down household debt. In the first half of
2016, Fast Retailing reported a rise in revenue of 6.5 per cent
and a drop in consolidated operating profit of 33.8 per cent.
Uniqlo is tapping into the same market by offering simple,
functional wardrobe basics — t-shirts, pants, blouses, slim
down jackets that can be stuffed into a small bag, clothes that
breathe and wick away sweat, thin fabrics promising warmth
at affordable prices and made to last for years, not one season. Uniqlo clothes are meant to be worn by everyone. Uniqlo
collaborates with designers and celebrities to produce limited
edition collections, including Pharrell Williams, Phillip Lim,
Theory and Christophe Lemaire. Uniqlo also controls the
entire clothes-making process, which allows them to control
procurement costs, and rents store locations instead of
buying them to keep costs down.
Urban Outfitters Sees Good Sales
I
n its first quarter 2017 results,
reported in May, Urban Outfitters posted record total company net sales of $763 million.
The figure represents a 3.2 percent
increase over the same period last year. Same-store sales for
the first quarter 2017 increased too, at a rate of 1.0%. The
company cleared a relatively easy same-sales hurdle from last
year, noted one analyst, but it also appears to be capitalizing
on that victory by making smart retailing decisions for the
years to come, according to industry experts. It has also improved its merchandise significantly, which is driving better
sales. Urban Outfitters stands out from other specialty retailers because it was an early adopter of the omni-channel strategy, and now derives about 25.0 percent to 30.0 percent of its
total sales through e-commerce. The company appears to be
building on a solid recent track record, too. It closed out its
first quarter 2016, reported in May 2015, with increases across
almost all of its main segments. Total company net sales were
$739 million, a solid 8.0 percent increase year-over-year, and
comparable retail segment net sales were 4.0 percent.
July 2016
PERFECTSOURCING
www.fortunedotcom.files.wordpress.com
UNIQLO to be world’ leading
apparel company
31
RETAIL NEWS
www.upload.wikimedia.org
Arvind Limited to Raise Rs 500 cr
Indian Retail Will now Have 24x7
Operations
24/7 retail operation
I
ntegrated
textile
manufacturer
Arvind Limited is
planning to raise
up to Rs 500 crore by issuing non-convertible debentures
(NCDs) on a private placement basis. In order to meet the
financial needs of the company, the company may make an
offer of NCDs or invite subscription to NCDs on private
placement basis in one or more tranches for an aggregate
amount not exceeding Rs 500 crore. The company is one of
the leading producers of denim in the world and has a cutting
edge position in open-end Spinning, Foam Finishing,
Mercerizing, Slasher-dyeing, Rope-dyeing, Air-Jet, Projectile
and Wet Finishing.
I
ndia’s retail trade will look into 24/7 operation retail
and hospitality are the two sectors that will be beneficial
with this operation as told by Moorthy K Uppaluri, MD
and CEO, Randstad . Through this, gender diversity will
arrive for the Model Shops and Establishment as diversity in
the Indian retail sector is just 20-23 per cent far below the
global average of 50%. Bill also has a plan where in the women can work for night shifts which will make things easier for
the employers. According to Kumar Rajagopalan, CEO Retailers Association of India the total number of people employed by the retail industry could go up by 50 percent to 6
crore (60million) by 2020.
N
on-resident Indian
businessman Yusuffali M.A.’s Lulu
Group is investing
over Rs.7,000 crore in key
sectors including retail. The
Abu Dhabi-headquartered retail giant with a global annual
turnover of $6.3 billion will invest Rs.4,650 crore in Kerala,
Rs.1,000 crore in Uttar Pradesh and Rs.1,410 crore in
Telangana in the hospitality and retail sectors. The group is
also planning to set up an information technology park at
Kochi with an investment of Rs.1,400 crore, in Kerala, they
are setting up a shopping mall and a five-star hotel in capital
Thiruvananthapuram with investment of Rs.1,250 crore,
while another five-star hotel was planned in Kochi at an
investment of Rs.1,600 crore. The company will initially
invest Rs.1,000 crore for setting up a shopping mall and a
five-star hotel and convention centre in Lucknow. The site for
the project has already been identified and construction work
is due to begin by December this year as told by the group.
The Abu Dhabi-headquartered retail conglomerate that has a
global annual turnover of $6.3 billion will invest Rs.4,650
crore in Kerala, Rs.1,000 crore in Uttar Pradesh and Rs.1,410
crore in Telangana in the hospitality and retail sectors.
US fashion brand Forever 21
acquired by Aditya Birla Fashion
and Retail Limited.
T
he Indian business of Forever 21, a US fashion brand,
has been acquired by Aditya Birla Fashion and Retail
Limited (ABFRL) for more than Rs 175 crore. Forever 21 earlier had a franchisee agreement with Diana
Retail, promoted by DLF Brands and operates 12 brick and
mortar stores in the country. The company has a turnover of
Rs 213 crore in fiscal 2014-15, double over fiscal 2013-14 and
Rs 262 crore in fiscal 2015-16. It is a fashion brand targeted
at teens and young adults and mainly deals in fashion clothing and garment accessories.
32
PERFECTSOURCING
July 2016
Isaia, an Italian Menswear Brand
Enters India
www.flawlessnyc.com
www.franchiseindia.com
Lulu Group Eyeing Indian retail
sector
I
saaia, Founded in Naples in 1920,is
known for its made-to- measure
suits and sportswear, and striking
red coral logo. Gianluca Isaia, CEO
of Isaia, belives that partnership with
key independent retailers around the world is essential and
this is the reason they are exploring new and different
markets. India having the abundance of colour and
interesting fabrics has been offered to the Indian Gentlemen.
They also hope to expand into additional markets and
merchandise categories with the new collaboration, as well as
heading online. They have recently launched e-commerce in
the US and Europe with a very unique website that features
the information on the brand as well as the product that they
sell, their history and Neapolitan culture. The brand has
leading stores in Hong Kong, Milan, Moscow and New York.
Couture Week at India with
Tahiliani & Dongre
I
ndian fashion designers Tarun Tahiliani and Anita Dongre will display their collections at the FDCI India Couture Week 2016, at the Taj Palace hotel in New Delhi
from 20-24 of this month. The two designers have been
associated with FDCI; the organisers of the show, since long
but it is the first time these designers will be participating at
the fashion show. Tarun Tahiliani has always courted elegance without losing touch with traditional drapes, while Anita is known for her vivacious colours and embroideries and
both will dazzle the catwalk on Day 2 as told by FDCI.
Sunil Sethi, president at FDCI has also confirmed that both
Tarun and Anita will present at the FDCI India Couture Week
2016 taking the grandiosity of the event a notch higher. They
are the trend setters in the fashion space and will present defining looks through their sartorial rendition of what a modern woman desires.
faking news.in
MARKET PULSE
ALL HEADS
utsavpedia
ishtailisraa
TURN
TO KHADI
F
MonsoonTextiles
rom supporting India’s
struggle for independence
Khadi has been a fabric of
substance, earning
recognition and holding the nation’s
pride, it is all set to take the fashion
ramps by storm and create yet another
revolution in Indian history. While the
hand spun Khadi continues to symbolise
India’s freedom, it has also represented
an evolving India with maximum
generation of large scale employment
with low capital investment. To add
34
PERFECTSOURCING
July 2016
khadi spinning activity engages mostly
women, hence promotion of khadi is not
only an economic activity but also a
national prerogative and it is indeed
important for rural economy.
Furthermore, revamping and
empowering of khadi has led to
numerous talks and a number of
discussion making the government
realised the importance of ensuring the
artisans’’ effective participation in
decision makings.
KVIC has also embarked upon
certain set of reforms which would
guide the sector to a new era of growth
and sustainability. There is a
commission presently indulging into
making khadi more market oriented in
the last few months and making an
effort to make its products more popular
among the youth with its upcoming
ranges of T-shirts and jeans and other
products according to prevailing trends.
The past decade also saw efforts
being made by Vasundhara Raje to
create a new platform for khadi and its
products shunning the high end brands
for their expensive lines stating that
there was a time when khadi was cheap
and comfortable to wear and also
happened to be the bread and butter for
the rural mass of India. Vasundhra Raje,
also unveiled an innovative fiscal
support for the khadi and village
industries sector in order to make it
viable and vibrant in the era of
globalisation. Although certain efforts
went in vain there have been significant
changes in today’s world for khadi and
its empowerment. Ad brands like Khadi
36
cosmetics have touched skies in
terms making a significant effort
towards keeping khadi products for
the masses as it was meant to be
when the revolution started in the
first place.
Designers also
added about
individuality in khadi
and its versatility and
what had been done
was the least that
they could actually
do. On October 3,
2014, Prime Minister
Narendra Modi, in
his program ‘Mann
Ki Baat’, appealed to
the nation to adopt
khadi. This resulted
in increase in sales
ranging from 60% to
125%.
Moreover in the
present scenario, The
BJP leader from
Bihar planned to
make khadi a change
agent and believes the solar
charkha will not only lower the
strain on weavers but also help
them increase productivity and
earn between Rs 5,000 to Rs 8,000
a month., in a vision to make khadi
cottage industry more lively, the
ministry of micro, small and
medium enterprises(MSMEs) also
set its goals for employing over 5
Crore women, by giving them a
solar powered Ambar charka over
the next 10 years to increase the
share of khadi in the Indian textile
PERFECTSOURCING
July 2016
industry from the present 1.4%.
Numerous brands like FabIndia,
Naturel alley, Malkha , Metaphor
Racha, Cotton rack ,Red Sister Blue
and Fayakun design studio take on
journey to keep the Indian tradition
alive and give the fabric a more
appealing approach with
modernised silhouette and catering
more towards the young minds with
trendy approaches. And in this
way,from rural to the fashion
ramps, khadi has led itself to
become a number one choice with
renowned designers taking the
ramp with khadi clad models .New
age designers connect with the
hand spun fabric with a sense of
eco-friendliness and rural
empowerment. A lot of designers in
the past have also swayed the
fashion shows with khadi blends
with manmade eco-fibres’ and
modal ‘tencel’ making it ideal for
contemporary Indian and western
cuts taking the traditional fabric to
higher fashion grounds (as stated
by Deepika Gehani for her khadi
collection launched in the year
2000).Gehani also happened to be
one of those designers who
managed to give khadi a makeover
by using her imagination and new
techniques of weaving .
The year 2015 saw four of
India’s leading designers
displaying their vision for this
indigenous and political fabric with
Salman khan and Sonam Kapoor
walking the ramp making khadi
looked glamouros like never before.
With this sense of emotional touch
towards this nation’s fabric the
designers showcased their
impeccable range of khadi products
with their own perceptions of
rawness and the love for tailored
sophistication and the voluminous
drams with embroidery.
The world has come a long way
since the day of Independence and
Gandhi’s attempt to nationalise the
revolutionary fabric. Now, slogans
of eco-friendly and rural
empowerment are suffixes to
slogans and people with social
concerns .Khadi has now taken a
more elite path from its journey to
phoenix itself from the ashes of the
society and its struggle for
independence as well.
www.hindustantimes.com
utsavpedia
daily hunt.in
MARKET PULSE
INTERNATIONAL UPDATE
Nobody thought that one of the most high profile
areas of DHAKA which has always been busy with
diplomats and influential people will see such a
plight. The attack at one of the famous restaurants
in Dhaka has triggered fears that surging Islamist
violence may imperil the garment industry in
Bangladesh, which built its economy on cheaply
supplying fashion to the world’s big-name brands.
DHAKA’s TERROR
ATTACK CREATES
TURMOIL IN INDUSTRY
MANY RETAIL CHAINS
PLANNING TO PACK BAGS
N
retailers to review their ties with the
world’s second-largest garment
exporter after 18 foreigners were
killed in an attack on a Dhaka
restaurant. In fact, according to
some sources Japanese retailer
Uniqlo is expected to shut its offices
in the country amidst killing of its
few associates in the attack. Italy’s
textile imports from Bangladesh
www.economictimes.indiatimes.com
ine Italians and a US
citizen were among
the 20 people hacked
to death when a group
of Islamic State (Isil) terrorists
burst into a restaurant popular with
foreigners in the Bangladeshi
capital of Dhaka. Some leaders of
Bangladesh’s $26 billion garment
industry expect Western fashion
38
PERFECTSOURCING
July 2016
more than trebled in the last decade
to reach $1.31 billion last year, as
low cost garment production moved
outside the European country.
Bangladesh, one of the world’s
poorest countries, relies on
garments for around 80 percent of
its exports and for about 4 million
jobs, and ranks behind only China
as a supplier of clothes to developed
markets like Europe and the United
States.
A group of seven attackers
armed with blades, guns and bombs
also murdered seven Japanese, two
Bangladeshis and one Indian citizen
before army commandos stormed
the Holey Artisan Bakery and
brought an end to the slaughter.
The 20 hostages who died in the
siege had reasons to be in the
developing South Asian nation.
They were construction consultants
from Japan, working on a Japanese
government-funded infrastructure
project. They were Italian
businesspeople in textiles, a major
industry in a country that is a
centre for low-cost fashion
production. They were three
students from American
universities who had ties to
Bangladesh.
Said Faruque Hassan, Senior
Vice President of the Bangladesh
Garment Manufacturers and
Exporters Association (BGMEA),
that this attack will turn away
foreigners. BGMEA represents
4,500 factories in the country. The
impact of this attack will be very
damaging for the industry and we
are now extremely worried, said
assan, whose Giant Group supplies
clothes to retailers including Britain’s
Marks & Spencer and Next.
Bangladesh, the world’s secondbiggest exporter of apparel after
China, even before the cafe siege
was reeling from a wave of Islamistlinked killings of religious
minorities, liberal activists and
foreigners, including an Italian aid
worker last September. Now
concern is mounting that the South
Asian nation, wracked by political
instability since independence in
1971, is sliding into deeper chaos,
with under-pressure police
arresting 11,000 people last month
in a desperate crackdown.
The violence presents a serious
threat to the economy, as the kind
INTERNATIONAL UPDATE
www.s.yimg.com
of attack will surely keep (fashion)
buyers away in the months leading
up to the holiday shopping season.
Bangladesh has clocked growth
of around six per cent nearly every
year since the turn of the
millennium, although a quarter of
its 160 million people still live below
the poverty line. This is largely due
to the garment exports, the lifeblood
of its economy, and accounting for
more than 80 per cent of total
outbound goods last year. Between
40
PERFECTSOURCING
July 2016
them the nation’s clothing factories
employ more than four million
people; most of them impoverished
rural women. Ulrica Bogh Lind, a
spokeswoman for H&M, which
sources many of its clothes from
Bangladesh, told AFP the Swedish
chain was deeply sad about the
tragic incident. They are of course
monitoring the situation in Dhaka
closely.
Ahsan Mansur, a former
representative for the IMF in
Islamabad fears that the tradedependent Bangladesh may suffer
the same fate as its restive rival
Pakistan. When extremist violence
began to spread in Pakistan, he said,
the first sign of financial malaise was
expat families packing their bags,
then trade and investment
crumbled. Yet plucky Bangladesh
has ridden out numerous storms,
seeing off threats from labour
unrest, mass transport blockades
and large-scale political paralysis as well as workplace disasters.
According to industry figures,
clothing exports swelled nearly 10
per cent in the year to June, to $27.3
billion. The Rana Plaza factory
collapse that killed at least 1,138
workers in 2013 shocked the world,
heaping opprobrium on Western
retailers seen as exploiting
impoverished workers. But the
tragedy prompted retailers to act on
appalling safety conditions in their
factories, where fires and other
accidents are frequent. The incident
forced the brands to set up two
global alliances to make workshops
safer and cleaner - although it
remains a work in progress.
TECHNOLOGY UPDATE
ARE YOU
REALLY WORKING ON
Calculate efficiency
to the Core
This effectively
means that only 25%
of the time that that
person is being paid for
is actually being used
to generate direct
income from clients.
Or, put another way,
for every hour’s work
you get paid by clients,
you are paying that
person for 4 hours
‘work’.
42
PERFECTSOURCING
July 2016
M
ost people will recognize
that the number of
phrases making up
management speak has
increased significantly over the past
decade or so. ‘Blue-sky thinking’ and
‘getting on message’ have become
commonplace and probably have a case
for inclusion in the Oxford dictionary, if
they’re not already. Business
Improvement is what is critical to
growth of almost every company today.
In recent years words like ‘efficiency
savings’, ‘productivity’ and
‘effectiveness’ are being used more and
more by people from all levels within
organisations in the context of
improvement activities. Typically this
boils down to meaning ‘doing more with
the same resources’ or ‘doing the same
with fewer resources’. Often in this
context, ‘resources’ means ‘people’.
People within businesses should be
thinking about defining the ‘efficiency’
(more on that in a minute) of teams of
people. Productivity, Efficiency and
Utilisation is the essence of any
company. Consider Productivity as
www.cdn2.hubspot.net
EFFICIENCY?
www.brandt.us
being the result of multiplying Efficiency
and Utilisation and that leaves us with
only the latter two terms to define.
Think about the service or product
that your organisation provides to
customers; the price that customers pay
will be influenced by how much time
you expect people to spend on the
individual tasks that make up this
service or product. In a manufacturing
context, the total assembly time that
somebody is required to be doing
something to the product will be
calculated and built into the end price.
www.reversemortgagecomparisons.com
www.limitlesstechnology.com
TECHNOLOGY UPDATE
In a service sector context this concept is
no different. Productive Efficiency is the
measure of how long people actually
spend carrying out the tasks with no
distractions compared with how long
they should spend (or a calculated time
based on standard operations). If the
amount of time allowed (therefore built
into the price) for a particular task is 30
minutes, yet a person carrying out that
task takes 60 minutes, that person is said
to be 50% Efficient at doing that task –
30 minutes divided by 60 minutes.
Now think about all the activities that
people do in a week. Some time will be
spent doing what the customer is paying
for: Assembling a product, delivering a
training course for a client, analysing
data or whatever it is that your company
gets paid for. The rest of the time will be
spent doing things that you don’t directly
get paid for: attending meetings,
producing internal reports, travelling,
waiting for information or machinery to
be repaired – the list is fairly exhaustive
and contains activities that are familiar
to all of us. Let’s say that of the 40 hour
week, a member of staff spends 20 hours
actually working on something that is
generating income for the business
(regardless of their level of efficiency as
previously defined), and 20 hours
engaged in the sorts of activities
mentioned above. In this instance, the
Utilization of that person is said to be
50%.
If the scenario above were true, then
the overall Productivity of that person is
25% – this is 50% Efficiency multiplied
by 50% Utilization. This effectively
means that only 25% of the time that
that person is being paid for is actually
being used to generate direct income
from clients. Or, put another way, for
every hour’s work you get paid by
clients, you are paying that person for 4
hours ‘work’.
Apart from standardizing the
language that people use and therefore
encouraging increased understanding by
the organisation as a whole, the reason
it’s relevant to distinguish between the
component parts of Productivity is that
different problems will require different
solutions when striving for
improvement. If for example Efficiency
is low, then good benefits will likely
come in the form of training,
standardizing and continuously
improving the way tasks are carried out.
Also good physical organization of the
workplace will allow tasks to be completed
in a more timely fashion. If however the
problem is one of low Utilisation, then
initiatives like Information Centres will
make meetings shorter and free up more
time for staff to be working on tasks that
generate income.
Sadly, one size rarely fits all. An
appreciation of what Productivity
actually means, underpinned by a clear
understanding of where your
organisation is experiencing problems
will guide you more effectively to
improvements that will add value where
it’s really needed.
Written by James Aherne
July 2016
PERFECTSOURCING
43
TECHNOLOGY UPDATE
ORANGE-O-TEC
Completes Installation of
80 Machines in India
O
range-o- Tec Pvt Ltd,
distributor of MS Digital
Textile Printing Machines
in India has achieved
another milestone of success as it
recently delivered its 80th high speed
Digital Textile Printing Machine in the
Indian Market. The machines are
printing 85 lakhs meters of digital fabric
every month, which account for
turnover of approximately 100 cr every
month. “This achievement has been
possible only as a result of the active
technical support and helping customers
in building confidence and business
relations,” averred Ayush Rathi,
Director from the company. The
company’s success is outcome of its
confidence, after sales service and
business relationship, due to which it
has been able to capture more than 50%
share of High-speed textile Digital
machine segment. According to Ayush
“Digital textile printing is a pretty niche
market, but adapting to the digital age
has really helped us increase our reach.​”
He also thanked all customers for the
support in reaching at this level.
“We are proud to have installed the
highest productivity machine LaRio at
M/s. Shrijee Lifestyle, Mumbai, with a
production of around 30,000meters per
day. We also have entered into the big
market of Home Textiles with our first
wider width (3.2m) machine, JPKevo, at
M/s, Indo Count. Kolhapur”.
The company has well qualified,
trained and dedicated team of 20
engineers across the country that help in
giving 24x7 service to customers. The
company has in store almost 90% of the
spare parts inventory with them which
leads to minimum downtime for the
machines.
After capturing quite a substantial
market share of Textile printing in
India, MS has also introduced new high
speed sublimation printers viz JP3,JP4
and JP7 in the domestic market.
Lectra announces the opening
of its subsidiary in Vietnam
L
ectra, the world leader in
integrated technology
solutions dedicated to
industries using fabrics,
leather, technical textiles and
composite materials, is pleased to
announce the opening of its subsidiary
Lectra Vietnam on July 1, 2016. Lectra
has been present in the country for
over 20 years and represented by its
agent Ly Sinh Cong Trading Service
Company (LSC) for the past twelve
years. The new subsidiary will take
over LSC’s team and assets. With the
opening of the Vietnam subsidiary,
Lectra is continuing its development
plans in Asia. “Thanks to 5.5% growth
in the first quarter of 2016, Vietnam is
44
PERFECTSOURCING
July 2016
one of Southeast Asia’s most dynamic
economies. It is a top choice for
manufacturers who focus on production
costs and brands seeking to diversify
supplies. The transpacific agreement
signed in February 2016 will reinforce
the attractiveness of the country, where
Lectra has many customers, including
very large Asian companies,” said Daniel
Harari, Lectra CEO.
“Lectra Vietnam’s objective is to help
Vietnamese companies implement
Lectra’s technologies that have
demonstrated their worth in Asia and
across the globe, and to accompany
locally established foreign groups in the
country. This opening will boost Lectra’s
expansion in Southeast Asia and
reinforce synergy in sales with the
company’s other subsidiaries in the
region,” explains Yves Delhaye,
Managing Director Asean, Autralia,
South Korea, India. The apparel
industry is especially vibrant in
Vietnam. Clothing exports reached
$21 billion in 2014 and should grow
by 8%, attaining $29.5 billion in
2016, nearly a third from local actors.
Of the 6,000 textile and apparel
companies, a large number are owned
by Chinese, Hong Kong, South
Korean, Japanese and Taiwanese
companies operating out of Vietnam
to take advantage of lower
manufacturing costs.
This is the Place to be!
Come over for
57 INDIA
th
INTERNATIONAL
GARMENT FAIR
2016
Asia' s largest B2B Apparel
and Accessories fair
400 curated exhibitors
18-20 July
Pragati Maidan
New Delhi, India
Spring/ Summer 2017
Women’s Wear
Men’s Wear
Children’s Wear
Fashion Accessories
For Further Information : Tel: + 91-124-2708027/8129, Fax: +91-124-2708004, Mobile: +91-9899014590, 9560024440
Email: info@indiaapparelfair.com, srana@indiaapparelfair.com www.indiaapparelfair.com
In Association with
FAIR & EVENTS
k Department,
e and Public Wor
r, Health, Hom
Industries, Powe
r
fo
er
ist
in
M
t
e lamp
, Cabine
Delhi lighting th
Satyendar Jain
Government of
Chief Guest Shri
Sunil Sethi President, FDCI,
lighting the lamp
Raj Manek,Managing Director & Member of
the Board Messe Frankfurt Asia Holdings
lighting the lamp
Chief Guest Shri Satyendar Jain with
Delegates during Heimtextile Exhibition
heimtextil
INDIA
SEES GOOD RESPONSE
Messe Frankfurt conducted its 3rd
edition of HEIMTEXTIL INDIA, which
was a three day event being held from
22 June to the 24 June 2016, at Pragati
Maidan in New Delhi, India. The
extravagant event showcased a variety
of products, fabrics and designs in
home furnishing categories of
bedroom, bath linen, table linen,
kitchen textiles, window decorations,
furniture fabric salon, textile floor
coverings etc. along with premium
choices in dining, living and giving
products from 165 companies
companies from seven countries.
In its third year in India the
combined platform has recorded an
increase in exhibition space bringing
together leading companies from
India, Bangladesh, Bulgaria, China,
Japan, Korea and Russia. Total
46
PERFECTSOURCING
July 2016
Exhibition Space was 11,200 sqmt with
165 exhibitors.
Many new Make in India designs and
décor themes were launched by exhibitors at the three-day fair. One of central
attractions at the event was the “Experience Zone” created and designed by Indian interior decorators, professional
and startups. Many international industry players and buyers visited the Experience Zone and liked the Indian concepts
of designs. Interestingly, these startups
got the booking orders and lot of enquires from visitors.
The event was commenced with the
inauguration ceremony attended by
Honorable Chief guests Shri. Satyendra
Kumar Jain ,Cabinet minister, Raj
Manek, Managing Director & Member
of the Board Messe Frankfurt Asia
Holdings, R.K. Verma Director ,EPCH
and Nicolette Naumann, Vice
President Ambiente/Tendence Messe
Frankfurt .The ceremony was
addressed by Raj Manek followed by
Shri Satyendra Jain who addressed the
importance of specialized exhibitions
in Delhi which poses an inspiration to
manufacturers since home furnishing
exhibitions could increase the
frequency of interaction with the
buyers. The ceremony was concluded
by a speech of Nicolette Naumann and
Satyendra Kumar Jain.
The event facilitated a crossroad for
professionals like buyers from
retailers, wholesalers, bulk-buying
houses, from all the continents. It
picked up on a light note during the
first half of the first day followed by an
increasing number of crowds during
the second half.
FAIR & EVENTS
ECLIPSE INTERNATIONAL
RUMORS
The company one of the leading manufacturers in bedding business from
the US, arcs its own manufacturing unit with franchisee all over India. The
company exports its products to Nepal and Sri lanka and is currently planning
to extend its line from mattresses to other bedding products like bed sheets,
pillow covers etc.
Gaurav Sureka, Director, ADPL Rumors
Santosh Kumar Gupta, Area Sales
Manager, Eclipse International
Mohit malik, Director, Eclipse International (extreme right)
D’décor
Home décor brand and the world’s largest producer of upholstery and curtain
fabrics, D’Décor for the first time launched their 2016 collection tailored for the
Indian market as opposed to its signature European styles. This collection is
based on four exciting themes: Reflection, Plume, Ethereal and Visions. The
company also announced its Digital initiative which is expected to be launched
later this month. Ajay Arora, Managing Director, D’Decor said: “India is
seeing a rise in personal fashion consciousness. Along with that fashion for home
is simultaneously on the rise and will see an inflection point in coming years.
D’Decor has been the market leader and will continue to shape the market
through innovations in products and experience thereby offering greater value to
consumer”. As a team the company believes in the continuous pursuit of
excellence in performance, quality and innovation. As Sanjay Arora, CMD, of the
company puts in,” The main reasons of being here is to connecting with the
consumers and bringing the international fashion home.” The company mainly
talks about being one stop shop for the consumers and plans on to diving more
into digital printing as that is catching up very rapidly among Indian consumers.
“The Indian market is growing aggressively and D’décor believes in delivering
design and value to its consumers. We have always aimed at bringing the
innovative and value products at a good price,” said Sanjay.
Nicolette Naumann, Vice President
Ambiente(left), Mr. Ajay Arora, Managing
Director, D’decor(right)
(L-R) Sanjay Arora & Ajay Arora, Managing
Directors D’decor Live Beautiful
Mumbai based, Rumors that
offers glimpses in to the world of
high end furnishing products
introduced three collections namely
the Premium collection, which
ranges from classics to
contemporary to florals and plains
with a mix of drapery and
upholstery. The sapphire collection
that slides more into the something
filled with delicate damasks, modern
geometrics and bold florals which
offers something for everyone. The
quartz collection is an emphasis on
textured upholstery and breezy
drapes with cost effective jacquards
for home and hospitality sectors.
The company is mainly into more
exports with 70% share. The
representative from the company
said, “Today market demand is more
towards digital prints whereas the
demand for embroideries is
eventually going down.”
Gaurav Sureka, Director, ADPL Rumors &
Bhanuprakash, Head-Business Operations,
ADPL Rumors
July 2016
PERFECTSOURCING
47
FAIR & EVENTS
RAYMOND HOME
Raymond has transformed itself
into a global consortium from a major
Indian textile company. From a
complete man’s store offering complete
wardrobe solutions Raymond has
stretched itself to home furnishings and
had introduced bed and bath products
in 2013 and the claim to be growing,
doubling their business every year. The
product range offers bed sheets, towels,
blankets, shawls, etc having more than
3000 countries.
Being a domestic dealer, the
company will be venturing into
exports business this year starting
with Kathmandu, Nepal along with
gulf countries and will be adding
products like kitchen accessories and
upholstery products .The raw
materials for the products are sourced
from various vendors or are imported
from outside with their USP being
100% cotton products in every range.
The company saw good visitation at
the stall. Asst. manager sales,
Raymond Ltd. said, “The exhibition
proved to be a good platform,
receiving good response from the
customers even though Raymond
already has an established name in the
market.”
HYMAT GREENS
Hymat greens which is into exports
of carpets, mats and rugs and has
manufacturing unit situated in Kerala
uses only natural fibers like coir, jute,
grass and sisal to make the products.
Shaji Koncherry from the company
informed that the consumers of today
prefer buying cheap synthetic
materials for doormats and now since
the world needs an eco-friendly
environment, the organisation insists
on buying these products. People
buying cheap synthetic stuff is a
drawback for us but we excel in these
eco friendly products and our product
consists of all price range, also there is
no replacement for coir doormats.” He
also shared that the exhibition had
proved to be fruitful to the company
since the customers had shown a great
amount of interest in their earthy
coloured palette range of floor
coverings.
48
PERFECTSOURCING
July 2016
COLORJET
ColorJet one of the fastest growing digital inkjet print technology leader in
the Indian sub-continent and is reputed for its deep commitment to
technological innovation, Strong outreach and service infrastructure. The
company is dedicated itself to consumer focus. “Our main aim is to create
awareness among our customers about our technology, also we have created this
innovative display to give a home like environment feeling with a visually
appealing stall,” said Smarth Bansal.
(L-R) Saurabh Agarwal, Smarth Bansal & Pankaj Mirani,Colorjet India Ltd.
BHATIA INTERNATIONAL
A family run business, Bhatia
international is an organization that
was started in 1992 and exports,
imports and buys floor coverings, bed
linens, kitchen items, table linen, bath
linens and carpets. A sister concern of
VALTELLINA & ABONY HANDLOOM
and WELLHOUSE they have over the
years earned a respectable position at
both domestic and international level
on the strength of their integrity , hard
work and trust of their customers with
their products available in India’s
leading retail chains like Home Stops,
Shopper’s stop, lifestyle, Pantaloons,
Home, Hometowns, the home store
,EVOK, etc. The company has its own
Printing and manufacturing unit with
around 17 stores and 56 dealers.
Heimtextil for Bhatia International
concluded with a good customer
response but with comparatively less
footfall.
Gagnish Bhatia, CEO,
Bhatia international
FAIR & EVENTS
Nu Home
Nuhome furnishing was in
launched 2012 under the mother
brand Sumangal, an ISO 9001:2000
certified company which is a
government recognized export house
catering to the Middle East, Africa,
US and European markets. The
production covers over 5 million
meters of fabric every year. NuHome
offers a wide range of fabrics which
include Jacquards, Embroidery,
Digital Prints, sheers and Upholstery.
Nuhome has ready stocks of all
fabrics and commit 98.3% on-time
deliveries to their dealers having
highly engaged dealer network,
providing marketing support to all
their channel partners. With their
first time ever venture in the
Heimtextil exhibition, NuHome
received a good customer response.
KLASSIK
Klassik lamitex Pvt. Ltd which is
into exporting and manufacturing of
is synthetic leather is poised to take
advantage of tremendous growth
potential in automotive industry,
shoe industry, home furnishings, etc.
The products of company have
received tremendous response
forcing the company to double its
capacity and from 4 catalogs to 7
catalogues at present with a stock
and selling strategy. Their present
range is now added with cushions.
The exhibition proved to be quite
busy for Klassik exhibitors as
customers poured in good numbers
due to the attractive display of
leather fabrics in a wide range of
colour palette and their recent range
of cushions. The company’s
manufacturing unit is situated in
Riwadi.
50
PERFECTSOURCING
July 2016
PREMIER FINE LINEN
Premier fine linens Pvt. Ltd part of 65 year old premier group of companies,
which comprise of 7 spinning units and 2 weaving mills integrated with
processing and finishing with a turnover of $250 million is known for quality
built with innovation in the textile industry. The company specializes itself in bed
linen and is offering complete range of table linen. Premier Fine linen is 100%
exports with more than two buying houses in Delhi. Premier fine linen harbors
five exquisite luxury brands that offer its customers the products authenticity, i.e
Suvin- The only commercially available fiber with a spin ability of up to 240s
count, Supima and Tencel, the products have been created with a unique
blend of the world’s two most luxurious fibers to make a truly superior product;
Ecora, the bed linen is available in a wide range of weaves, textures and designs
ranging from sateen, percale, yarn-dyed, dobby, jacquards and matelassé;
Ultra-fine cotton which renders a truly superior and luxurious bedding
product with its unique cotton yarn developed and engineered by Premier fine
linens and Pearl finish, an innovative finish that has been specially engineered
by Premier Fine linens to make a truly superior and luxurious product which
creates a smooth, glossy fabric that is exceptional to touch.
Interaction with the customers
Indorama
Indorama synthetics first forayed into the business of polyesters back in 1989
with its belief that polyester was going to be the fabric of the future. The
company has made its undisputed mark in the Indian polyester arena with two
decades of perseverance. It offers a wide range of polyester products which
include Polyester Staple Fibre (PSF), Partially Oriented Yarn (POY), Draw
Texturised Yarn (DTY), Fully Drawn Yarn (FDY) and Polyester Chips. With its
manufacturing unit situated at Butibori near Nagpur in Maharashtra, Indorama
has several technical collaborations with various technology leaders in Japan,
Germany and USA.A customer focused organization, Indo Rama stands for high
quality standards and innovative business practices. The Indo Rama Group has a
strong presence in Indonesia, Thailand, USA, Nepal and Sri Lanka, besides
India. It has focused business activities in the field of Textiles, Polyesters and
Industrial Chemicals.
Indorama Team
HARI CHAND ANAND & CO.
heimtextil
Trends
E
xhibitors at Heimtextil India
swarmed the event with
their exquisite presentation
skills and the vibrancy that
they displayed in their collections.
Home furnishings and textiles took a
slight turn to woo its customers in a way
that created a three day successful
event. Brands like D’décor displayed a
collection that spoke both about
lavishness and the elegance acquired
from the digitized world. The creative
visual display of their new collection
venturing into digital prints mesmerized
the crowd which had from floral prints
with vibrant colours with a soft touch
and their cosmopolitan prints with
water colour shades in its dark and
sober tones.
Also apart from this new range, they
had also showcased their usual high end
upholstery fabrics with their dripping
luxury in their silver and gold tones in
their jacquards and dobby weaves.
Companies like Goyal handlooms
explained their vibrancy with
embroidered embellishments, florals
lavishly displayed luxurious cushions in
their vibrant colours of solids. Bonnie
designs caught the attention with their
all-over embroidered cushion covers in
their eye-catching pinks, yellows and
blues. Shreya Prints Pvt Ltd
showcased their range of velvet fabrics
,high end curtains and cushions with
intricate dobby and jacquard weaves,
their colour range reflected mostly royal
solids and gold and silver and also
printed velvets and lavish brasso covers
with delicate floral designs springing
matching as well as juxtaposed colors .
Floral patterns took over Nuhome
with their home furnishing products
,the best out of the lot being their sheer
collection displaying delicate curtain
fabrics with floral embroidery in tonal
shades of purple, aquamarine and
earthy tones and also floral jacquard
52
PERFECTSOURCING
July 2016
and plains in their a -cut –above- the
rest collection .Bhatia international
captured every range of their bed linens
,blankets and floor coverings with
extreme vibrancy combining soft pastels
and also ombre effects that have created
a trend in the market and pattern prints
on blankets. Hymat greens had on the
other hand captured the very essence of
South India promoting eco friendly
products incorporating very earth tones,
shades of red, yellow etc in their
products.
To cut to the chase, the exhibiton
reflected a lot of what is high on
demand, the highest being florals, which
the exhibitors displayed in every form
with their company strengths, florals
transformed itself into digital prints in
every shade of colours, to embroidery
patterns on curtains and upholstery
fabrics .The concept of digitized designs
took the brands by storm depicting how
digital world is encroaching our physical
world and livening up the aesthetics
with intensive brilliance. Most of the
exhibitors conceptualized on creating a
home like environment to provide their
customers with a store like experience,
even more than that, especially digital
print players like Colorjet who came
up with a make-do scenario displaying
their flexibility in digital prints with
garments adorned on mannequins,
cushion covers, bed covers etc. Most of
all, the furnishings also upheld at what
they do best showcasing high end
quality fabrics and linens with luxury
jacquard weaves and intricate dobby
weaves focusing on the opulent and
highly decorative elements. A lot of
brilliance combined with gloss,
kaleidoscopic patterns and abstracts
and along with this lavishness the
exhibition also celebrated the shades of
greens browns and greys.
The fair kept every person wound up
in its exuberance with the visitors never
running out of options and
opportunities to appreciate and
checking out what the valued exhibitors
had to offer to its people.
OPINION LIVE
OPINION LIVE
Government recently approved a
package of Rs 6,000 cr for textiles
& apparel sector to create one
crore new jobs in 3 years, attracting
investments of USD 11 billion and
generating USD 30 billion in
exports. The measures approved
include additional incentives for
T
hings have not been official yet, but as
soon as it gets initiated it will be a big
relief. It is extremely beneficial as now we
can now think of developing more products, increase our
capacities, take risks and compete with our competitors in a
better way. It will become easier for us to compete with countries
like China and Bangladesh and I am really grateful to the
Government of India. This is what we were waiting for. We can now
save a lot of money and invest it in getting more machines, more
labours, which will save a lot of time. I think that the impact will come
immediately, it depends upon the government, the sooner the things
are official the results will be seen. Now the Government has done its
bit and as of now there is nothing that is left to be added. We have
already expanded our factory in Noida (sec-63) and will plan for one
more. We will now be in a better position to invest on new technology
like printing machines, which will help us competing with the
developed countries. Things seem to be on a positive track now,
let us hope for the best.
Sourabh Malhotra, WGS INTERNATIONAL
(NOIDA)
duty drawback scheme for garments,
flexibility in labour laws to increase
productivity as well as tax and
production incentives for job creation
in garment manufacturing. Do you
think that the package will help in
realizing the true potential of
employment generation and growth
in the textile and apparel sector?
8
PERFECTSOURCING
July 2016
I
do not see much improvement and
will be beneficial only for big exporters,
we being small exporters see no benefits
in it. It can be important for the large scale exporters’
whose minimum target is Rs 300 crores. The
implementation will take another 6 to 8 months. Also,
there are no direct incentives. Income tax benefits could
be increased as a lot of money is consumed in taxes. The
situation in business is really bad as earlier we had three
factories in Noida out of which we have already shut down
two.
Vinay Sadh ( Noida), K. K Global Exports,
Noida
Garment
Show of India
comes to Delhi on 8,9,10 August
M
ore than 20,000
garment buyers are set
to attend the upcoming
Garment Show of India
in Delhi. Bringing together quality,
innovative garment manufacturers,
brands, retailers, distributors, agents,
e-commerce teams under one roof is the
purpose behind the Garment Show of
India (GSI). Held this year, August 8-10,
at Pragati Maidan, Hall number 7 New
Delhi, the exhibition aims to connect the
entire apparel retail segment of India.
India has become a hub in the past
few years for international and national
fashion brands to cash in on the growing
buying power of consumers in the
developing country. However, while the
upsurge in demand for the latest apparel
fashion among Indian consumers
continues, there is a missing link
between manufacturers and buyers who
are trying to create a name and position
in the retail market of India.
Garment Show of India is the only
domestic show for garment
manufacturers in the Northern India
region, providing a platform for
networking and connecting with buyers
of fashion, accessories, trims and
supporting services. The event will be
an opportunity for steady garment
manufacturers, who have the correct
quality, product and volumes to be able
to meet the requirement of big retail
54
PERFECTSOURCING
July 2016
chains. It will also be a platform for
sourcing teams linked to brands,
retailers, distributors, traders and
agents who are in search of
manufacturers with the potential to
perform.
Exhibitors will include
manufacturers and traders of ladies
wear, men’s wear, babies and children’s
wear, as well as the sportswear, lingerie
and accessories from all over India.
Buyers from all across the country Delhi, Noida, Gurgaon, Chandigarh,
Maharashtra, Gujarat, Punjab,
Bangalore, Himachal Pradesh, Madhya
Pradesh, Rajasthan, Andhra Pradesh,
Kolkata, Bihar, Kerala, Tamil Nadu, Tier
II & Tier III cities - will visit the show in
Delhi. Meanwhile, business to business
meetings will be arranged for in-depth
interaction with the biggest domestic
garment manufacturers and retailers in
the country
With most of the stall space at the
show booked, brands such as 109 F,
Identiti, MG & Sons, Tinted Jeans have
confirmed their presence at the show.
Sourcing teams from Shoppers Stop,
Westside, Lifestyle, Landmark Group,
Pantaloons, Chunmun Stores, Vmart,
Kapsons, Pratapsons, Jabong.com,
Myntra.com, Snapdeal.com, Madura
Garments, Pothy’s, and Chennai Silk
will visit the show to source the latest
collections for the upcoming season.
The show is supported by many
garment clusters all over India, some of
them include, Noida Apparel Export
Cluster, Okhla Garment and Textile
Cluster, Eastern India Garment
Manufacturers & Exporters Federation,
Garment Exporters Association of
Rajasthan, Garment Manufacturers &
Wholesalers Association Hyderabad,
Tirupur Thozhil Pathukapu Kulu, South
India Garment Association and many
more. The event is organized by Saina
Events that is into publishing of popular
b2b trade magazines like Apparel &
Fashion and Perfect Sourcing that have
readership of more than 2 lakhs in
India. With the deep rooted penetration,
database and right type of contacts, the
show will be a great success for those
involved in apparel retail industry of
India.
“The aim of this show is simple,
connect with new, explore the best and
unwind new business opportunities in
the apparel retail segment of India,”
said Gagan Marwah, Co-Founder,
Garment Show of India. The best part
about the show is that today every brand
has a good product and marketing
strategy, but the right network and
penetration which is required to make a
product success is missing and this is
what Garment Show of India aspires to
do. The three day show will see who’s
who of the apparel vertical of India.”
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