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CMAI

Pearl Group of Companies Chairman Deepak Seth Felicitated by CMAI

At a function held to honour Deepak Seth, Chairman, Pearl Group of Companies, on the release of his book ‘Resolute by Design’, CMAI President Rajesh Masand felicitated him for his incredible growth from a small-time exporter of garments to...

Before building Mega Textile Parks, Govt must study why they failed in the past: CMAI

The Clothing Manufacturers Association of India (CMAI) the apex association of the Apparel Industry of India has welcomed Union Budget 2021, which was presented in the Parliament by Hon’ble Finance Minister Smt Nirmala Sitharaman.Rajesh Masand, President, CMAI said that...

Budget 2021: CMAI’s recommendations for the Garment Industry

The Retail Industry has been one of the hardest hit by the COVID-19 pandemic and its crippling impact on the world economy. Within retail, the garment industry, whose manufacturing is solely dependent on the retail sector, has been perhaps the...

Disastrous first quarter for the domestic garment industry: CMAI

The 3rd survey conducted by CMAI amongst its members reflects the crisis the domestic garment is going through, with 74 percent of its respondents seeing a 90 percent drop in sales for the quarter ending June 2020. An additional...

How COVID-19 is influencing consumer behaviour

It’s been three months since the World Health Organisation declared the COVID-19 outbreak to be a ‘Public Health Emergency of International Concern’. Despite continued efforts by governments and organisations across the world, the virus continues to spread unabated. With...

Fashion industry ponders bleak future post lockdown, experts say COVID-19 will set back the industry by 10 years

Walking the runway to success till just a few months ago, the Indian fashion industry is now reevaluating its future with insiders saying the COVID-19 pandemic and lockdown have set the clock back at least a decade. As the...

CMAI requests govt for temporary levy of additional import duty on import of readymade garments

The Clothing Manufacturers Association of India (CMAI), representing the interests of close to 4,000 members and servicing over 20,000 retailers, has written to the Minister of Textiles Smriti Zubin Irani, and the Minister of Commerce and Industry Piyush Goyal,...

CMAI welcomes measures announced by Finance Minister

  CMAI has welcomed the measures announced by Nirmala Sitharaman, Finance Minister, especially those connected with the Government’s support to the MSME Sector. The enhancing of the upper limits of the sector, the merging of the manufacturing and service sectors, and...

Domestic clothing industry faces the biggest crisis in over 50 years

The Clothing Manufacturers Association of India (CMAI) is the Voice of the Domestic Apparel Industry. With 4,000+ manufacturing members and over 25,000 distributors, agents and dealers as members, CMAI has a pan India footprint. CMAI members employee more than...

Retailers seek wage support subsidy to retain workforce

The retailer associations have urged the government to announce a wage support subsidy that will help them save millions of jobs in the retail space reeling under COVID-19 stress. While lauding all government efforts while dealing with the pandemic, the...
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SAIF Partners pares 5.8% stake in Senco Gold for Rs 433 cr

SAIF Partners' shareholding in Senco Gold declined to 4.97% from 10.77%New Delhi: Hong Kong-based SAIF Partners on Thursday pared...
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