Bihar (India) notes 44% rise in readymade clothes sale | Trade News India
Home » News » Trade News » Bihar India Notes 44 Rise In Readymade Clothes Sale

Bihar (India) notes 44% rise in readymade clothes sale

Share: 
      Newsletter

READ MORE ON RMGSewing MachineryTrade News India

Readymade Garments

Image Courtesy: sportbody.biz

“Sale of readymade (RMG) garments and hosiery has increased by a whopping 44 per cent in past seven months since ban on alcohol as the people are now utilizing their money on these items,” said Nitish Kumar, Chief Minister, Bihar (India) recently.

Sale of sewing machines have also increased in the state by 19 per cent in between the period of April and December, 2016. This clearly is a proof of citizens utilizing their money on buying good clothes and other household items rather than splurging on liquor, the CM underlined.

Also ReadReadymade garments exports from Pakistan zoom 3.76%

The surge in clothing sales is a result of ban on liquor in the region which is now enabling people to spend more on other products, he said. These spending will certainly improve the economy of the state and boost small and big apparel players in Bihar to offer better products and further increase their sales percentage in the coming months.

Nitish also highlighted how liquor ban has ushered in a drastic social change in the state pointing towards hike in sale of milk, sweets and other household items in the mentioned period.

 

Have some news? Let us know on news@apparelresources.com

Comments are closed.

Recommended by Apparel Resources

Bangladesh Police fear workers’ unrest in 598 RMG units

The police of industrial zone of Bangladesh have reportedly expressed fear of possible protests by garment workers pertaining to wages and bonus in...

50 injured in Bangladesh garment workers’ unrest

At least 50 people, including eight policemen, were reportedly injured in a clash between police and garment workers in Gazipur Metropolitan area (Bangladesh) on Wednesday evening. The clash reportedly erupted...

India’s Commerce Minister discusses FTP

India’s Commerce and Industry Minister Nirmala Sitharaman chaired Board of Trade (BoT) meeting to consult industry on Mid-term Review of Foreign Trade Policy...

B’desh banks to work on weekend to disburse Eid bonus, wages

Bangladesh Bank (BB) has reportedly asked all commercial banks in the country to keep their respective branches in industrial areas of Dhaka, Ashulia,...

Cambodia: Talks on minimum wages to commence in July

Cambodian Labour Minister Ith Sam Heng has announced that negotiations on minimum wages would begin in July with a decision expected in the...

Bangladesh to be top cotton importer in 2017-18

According to United States Department of Agriculture (USDA), Bangladesh, the largest cotton importer in world, has been projected to remain the top importing...

Makalot Industrial expects positive year ahead

After the revenues fell drastically for 15 successive months, garment manufacturer Makalot Industrial Company hopes the revenue to bounce back this month. “We...

B’desh Home Minister asks for early release of wages, Eid bonus

Close on heels of workers’ unions in Bangladesh demanding disbursement of festival allowance and wages for the month of June by the 22nd...

Private equity firms buy stakes in Nester Hosiery

US-based Nester Hosiery – a design and manufacturing company of socks for mountaineers, firefighters, military personnel, athletes – has announced that private investment...

Swedish firms keen to invest in Bangladesh garment industry

Two leading Swedish companies, namely Investor AB and ABB Sweden, have reportedly expressed their keen interest to work for the development of Bangladesh’s...