So, by 2018, women’s branded apparel will capture 41 per cent of the billion domestic textile market, and menswear will have 38 per cent. We get new trends 14 months ahead of the season.According to him, "There is so much appetite for fashion that earlier like the rest of the world we had only four seasons — spring, summer, autumn and winter. Of functional fabrics Suppliers this, the domestic consumption was about billion with apparels accounting for billion."International brands too are cashing in on the growing branded fashion market and have forayed into the western wear market. Leggings are growing at 28 per cent a year. But with the influx of branded apparels, the women’s wear market has been growing at 10 per cent.Women’s branded garments are expanding the size of the Indian textile and apparel market, and also edging out the menswear which has hitherto led the markets.Monte Carlo’s executive director Sandeep Jain also says that they were gearing up to meet the demand for women’s fashions, which grew by over 30 per cent this summer while men’s fashions grew just 20 per cent.Mr Samuel’s Birla Cellulose has a unique tieup with 51 top women’s wear brands like Van Husen, Global Desi, who use their fabric Liva. Earlier, 39 per cent each of this -billion domestic consumption was going to women’s and menswear and 22 per cent to kidswear. Now there are six collections in one year and designs are changed almost every two weeks.Change in women’s wear has also to do with the aspirations of the Indian women with growing economic independence, to buy fashionable clothing..Early entrants like Levi’s, Adidas, UCB, Vero Moda are also doing extremely well in the country.Manohar Samuel, president, marketing and business development, Birla Cellulose, says the total textile market size in 2014 was 8 billion.Brands like Zara, the largest brand in the world, H&M, and Marks & Spencer are doing extremely well with their new merchandise and fashion garments in the Indian retail space
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"I will discuss the matter with Telangana government and tomorrow I am also meeting Arun Jaitleyji and apprise him on the issues raised by textile and beedi sectors," Dattatreya, the Union Minister of State for Labour and Employment, told reporters here."Imposition of 18 per cent GST on beedi leaves and 28 per cent on beedi sector ..."I will request Jaitleyji to positively take into account their issues," Dattatreya said adding he will also apprise the Union Finance Minister on the 28 per cent GST tax slab on beedi manufacturing industry.The Garments Manufacturer and Wholesalers Associations while welcoming implementation of the GST said there is need for uniform policy of GST Polyester cotton stretch at 5 per cent for all ready-made garments and for simplifying the HSN codes for garments. it will be tough.Dattatreya said the RBI has agreed to release Rs 1,700 crore money tomorrow for disbursement to farmers in Telangana as part of the first phase for kharif season..
He said the Telangana government is also discussing with the Centre to roll back 28 per cent tax on beedis sector.Representatives of Telangana State Federation of Textile Associations, and cloth merchants associations submitted memorandums to the minister against the imposition of the GST on textiles and sought his intervention to urge the Centre to exempt the textiles industry from the GST..Hyderabad: Union minister Bandaru Dattatreya today said he will take up the issues raised by textile traders and beedi industry in Telangana over imposition of the GST with Finance minister Arun Jaitley tomorrow.Reacting to a query, Dattatreya reiterated that due to GST, employment generation will improve and one lakh jobs, particularly in IT and IT enabled services will be created in the coming months.. In Telangana, large number of women force are engaged in this sector and it may impact beedi workers," said Dattatreya.In this regard, a tripartite meeting of trade unions, employers and government officials will be held on July 17 at Delhi, after which they will also meet with officials of the Finance ministry, he said
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