Quick Industry Summary
AI
↑OpportunityDirect B2B partnership opportunity with a specialized Indian apparel manufacturer.
Kolkata Manufacturer Offers Direct Sourcing for Scarves, Ethnic Wear
- WHAT: G.I.TEXTILE, a Kolkata-based manufacturer, specializes in scarves, stoles, kurtis, and ethnic wear under the SHAWKH brand.
- WHO: Buyers, retailers, distributors, and export houses are directly offered a new sourcing connection for specialized Indian apparel.
- IMPACT: This provides a direct sourcing channel, potentially streamlining supply chains and improving cost efficiency for specific product categories.
- CONTEXT: It aligns with the growing global interest in direct sourcing from specialized Indian apparel manufacturers for niche products.
- ACTION: Sourcing managers should evaluate G.I.TEXTILE for potential B2B partnerships in ethnic wear and accessories to diversify their supplier base.
Affects:ExportersDistributorsRetailersWholesalersGarment ManufacturersSourcing ManagersImportersBrand Owners
Indian Apparel SourcingEthnic WearScarves ManufacturerB2B PartnershipKolkata TextileDirect Sourcing
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Tirupur Exporters’ Association ( TEA ) Chairman, A.Sakthivel hailed the RBI’ move to reduce Repo Rate by 0.5 per cent and endorsed its view in this statement that banks should come forward and transmit the rate reduction to customers. The Cash Reserve Ratio (CRR) unchanged at 4.0 per cent.
Sakthivel said banks should also workout to reduce their base rate which will trigger for more investment and growth of exports.
RBI governor Raghuram Rajan, today announced fourth bi-monthly Monetary Policy Statement for year 2015-16 and reduced the Policy Repo Rate by 50 basis points from 7.25 per cent to 6.75 per cent with immediate effect.

