Sattar Mulla, Web Developer, Mumbai

Media

We are Apparel Manufacturers to Leading and Discerning Global Brands.

The Textile Industry and the Rupee Power Play

The Textile Industry and the Rupee Power Play

Friday, October 16, 2015 sattar mulla Comments (0)

The depreciation of the Indian Rupee will have a mixed impact on India's textile exports with increased competition from markets in China and Pakistan following devaluation of the currency. Being the world's second-largest cotton exporter after the U.S., rupee depreciation improves India’s export competitiveness of the domestic cotton. However the apparels market scales on a different trajectory. The export competitiveness in the apparels market moves parallel to the currency mo ..

Read more
Textile Industry powering through the growth hurdle

Textile Industry powering through the growth hurdle

Friday, October 16, 2015 sattar mulla Comments (0)

Depreciation in the Indian rupee, coupled with a 12.5% excise duty on synthetic clothing and reduction in duty-free scrips, has affected textile exports. Alongside, FTA agreements entered with China, Bangladesh and other South-East Asian countries further added to the woes of the sector. The FTAs (Free Trade Agreements) have made it convenient for these countries to dump additional stock in India as the products are now shipped into our land on a duty-free basis. The Indian textile ..

Read more
Mixed Impact of Indian Rupee declines Textile Exports

Mixed Impact of Indian Rupee declines Textile Exports

Friday, October 16, 2015 sattar mulla Comments (0)

Depreciation of the Indian rupee is expected to have a mixed impact on India's textile exports as competition will increase from China following devaluation of its currency. As India is the world's second-largest cotton exporter after the US, the rupee depreciation improves the export competitiveness of the domestic cotton. In apparels, the export competitiveness depends on the relative currency movement of the major exporters such as China, Bangladesh and Vietnam. As China's Yuan h ..

Read more
New Tamil Nadu Policy to set Pace in India’s Textile Sector

New Tamil Nadu Policy to set Pace in India’s Textile Sector

Friday, October 16, 2015 sattar mulla Comments (0)

With the Indian textile industry poised to touch US$ 500 billion by 2025, Tamil Nadu - the nation’s largest textile manufacturer – will be able to corner a lion’s share of the new jobs that would be generated. In addition, the State will soon announce a new textile policy, making the already successful industry a top destination for investment. In the State, the sector already generates 50 lakh direct jobs, which is second only to agriculture. The policy framework is also very frien ..

Read more
Fresh Impetus Needed in Textiles

Fresh Impetus Needed in Textiles

Friday, October 16, 2015 sattar mulla Comments (0)

The US market is on the revival path. In Europe, too, the Greece problem has largely receded and the European economy should get better in the coming quarters. So, by the end of the financial year, the Indian textile industry expects a revival of demand in Europe and US markets. This is good news for an industry that has seen investments declining in the past few years. Adding to this are the current problems affecting cotton and cotton yarn and a situation of surplus stocks. The need o ..

Read more
Tackle Tariff Barriers, Glut in Textile Demand

Tackle Tariff Barriers, Glut in Textile Demand

Friday, October 16, 2015 sattar mulla Comments (0)

The Indian textile industry has a bright future and is a sunshine industry. India’s Prime Minister Narendra Modi has a vision to boost textile manufacturing activities in the country and its exports. The “Make in India” campaign will be feasible only when products are manufactured economically with competitive prices in a globalised environment. However, the policies of Central government, fluctuations in cotton prices, external factors and the policies of China pose challenges for  ..

Read more
Dumping, lack of FTAs, other incentives to hurt India’s Textile Industry

Dumping, lack of FTAs, other incentives to hurt India’s Textile Industry

Wednesday, March 04, 2015 sattar mulla Comments (0)

The measures that the textile industry is hoping for includes action on free trade agreements (FTAs), export incentives and release of funds under the Technology Upgradation Fund scheme (Tufs), among others. The textile and clothing industry’s yearly turnover is pegged at $105 billion, of which exports form 35-40%. Capacity utilisation, especially in yarn, has declined by 15-20% in the past couple of months due to decline in export competitiveness. While the recent rupee depreciatio ..

Read more
Government should remove Trade Barriers, Fast track conclusion of FTAs

Government should remove Trade Barriers, Fast track conclusion of FTAs

Wednesday, March 04, 2015 sattar mulla Comments (0)

Even though Indian cotton textile products are competitive in the world market, preferential access is being given by some major importing nations such as European Union (EU) to competing nations like Bangladesh, Cambodia, Pakistan, South Korea, Turkey and Vietnam. Besides, there are discriminatory import duties on Indian textiles in important markets of China and Canada, which is severely affecting India’s exports. To provide a level playing field, the government should fast track  ..

Read more

Pearl Global Industries Ltd Q4 FY15 Results – Strong Growth in Revenues & Profits

01-Jul-2014

-Q4 FY15 Revenues Increase by 36.2% to Rs. 3,339.9 mn on QoQ basis -Q4 FY15 EBIDTA Increase by 53.5% to Rs..

Read more

APR-JUN OF FY2016: ON A SUSTAINABLE GROWTH TRAJECTORY WITH IMPROVED MARGINS, ROBUST ORDER BOOK

06-Sep-2013

We continued to tread on a strong growth trajectory in Apr-Jun quarter of FY2016 with higher realisation and ri..

Read more

Pearl Global Industries announces capacity expansion plans in South India

30-Aug-2013

Commences new manufacturing capacity additions in Bangalore and Chennai to cater to growing global order book and to..

Read more