White-papers
Impact of 'Make in India' on Denim Manufacturing
Formulated to foster innovation in the manufacturing sector, the 'Make in India' initiative by the Government is aimed at enabling a best-in-class manufacturing infrastructure, Centred on the idea of developing India into a global manufacturing hub and attracting investments from around the world, it also aims to leverage India's tremendous export potential.
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Global Denim Outsourcing: Shifting Paradigms
It is estimated that by 2020 the global denim industry will be worth USD 64.1 billion. Currently, about 1.8 billion pairs of denim trousers, amounting to USD 51 billion, are sold annualy worldwide. Europe and USA are the biggest markets for denim fashion even as new-age economies such as China and India are witnessing a steady rise in demand. According to industry estimates, the per capita denim consumption in USA is 8 pairs while it is 1 pair in China and 0.3 pair in India 1.
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