Garment Show of India will be held in Noida from July 27 to 29, 2022. The event will bring together over 1,000 brands, retailers, wholesalers, and retail chains and will feature over 200 readymade garment manufacturers from across India. More than 10,000 visitors are expected to visit the show from Delhi, NCR, Meerut, Hyderabad, Trichy, Madurai, Chennai and Bangalore. This will include manufacturers, brands, retailers, wholesalers, distributors, agents, e-commerce companies and retail chains engaged in the active wear/intimate/sports/yoga/fitness segments. Apart from readymade garments the event will also feature home textiles, fashion accessories, luggage, ethnic and western wear.

The trade show is organised by Delhi-based media and events business Saina Events.  Along with exhibitor booths, the trade show will feature one-on-one networking opportunities designed to help manufacturers to link up with retailers to expand their distribution network. Trend forecasting and knowledge sharing will also be facilitated. Creating a comprehensive platform, the sourcing show will connect the entire manufacturing and supply chain by bringing together the best manufacturers of apparel products and serious buyers for all types of garments from across India. The exhibition is focused on transforming North India into an effective sourcing base for all types of garments.

International Apparel and Textile Fair will be held in Dubai from November 28 to 30, 2022. The event will showcase clothing, accessories and more from global manufacturers, including India. The event has opened exhibitor registration and has scheduled over 100 exhibitors. The trade show will bring together buyers, retailers, and wholesalers from the Middle East and the North Africa region are looking to source apparel to retail in international markets. Over 3,000 buyers from the Mena region will browse a wide selection of apparel, textiles, accessories, home ware, footwear, leather goods, jute products, handbags, machinery, and more. With the apparel retail market growing swiftly in the Gulf region, there exists significant opportunities for businesses to establish themselves as leading sourcing brands in the region. The three-day bi-annual trade show will feature networking opportunities for brands with buyers from countries including Saudi Arabia, the UAE, Kuwait, and Bahrain, among others. 

Designers and industry professionals are flocking to Dubai, which is fast making its mark on the industry. Dubai has become an important centre, with  a very interesting energy and a very strong creative vibe. Fashion with a conscience is a priority for a lot of brands in Dubai. Dubai is also making waves in interior design. For many designers Dubai acts as a creative inspiration for their work since Dubai is a melting pot in the Middle East and the Gulf and both designers and Dubai love elaborate things and artistic things.

In June 2022, Vietnamese cotton imports dropped by 35 per cent year-on-year and 22 per cent month-on-month. Vietnamese yarn imports moved down one per cent year-on-year and 10 per cent month-on-month and exports dropped by 23 per cent year-on-year and three per cent month-on-month, states at CCF Group report. 

Fabric imports decreased six per cent year-on-year and 18 per cent  month-on-month. Vietnamese textiles and apparel exports moved up by 17 per cent year-on-year and 13 per cent month-on-month. The export value was second only to the highest level in January 2022, the second highest in the first half of 2022.

Vietnam’ cotton imports in June were down 35 per cent over the same period last year and 22 per cent from the previous month. The US was the main source of Vietnam’s cotton imports, accounting for 57 per cent of the total imports, followed by Brazil and Australia, accounting for 17 per cent and nine per cent respectively.

In conclusion, Vietnamese textile and apparel exports in June increased for four consecutive months, which were second only to the highest level in the first half of 2022, but its cotton imports, yarn imports and grey fabric imports all decreased year-on-year and month-on-month.

India’s exports of textiles and handicrafts were at an all-time high last financial year. Demand for Indian textiles in the domestic and overseas markets is high. Especially after the pandemic, one sector under textiles which has really got a boost is home textiles. The seven mega textile parks that were launched are aimed at reducing the high logistics costs as well as the fragmented value chain which obtains now.

Most of India’s major exporting destinations like the US and EU are opting for a China plus one strategy, which will prove to be beneficial for India since the cost of labor is low in India as compared to that in neighboring countries.

However, Indian exporters face price pressures. Global apparel brands are negotiating hard with Indian exporters as cotton prices have fallen 15 per cent and the rupee has depreciated against the dollar. They want Indian apparel exporters to supply garments at the pre-covid level prices. The impending recessionary pressure in the US and Europe is forcing global brands to negotiate hard with Indian exporters, who have now started looking at other countries like Japan, Australia and Latin America for developing new markets for Indian apparels.