Portfolio of Work
Past. Present. Future.
Technical Writer & Copy Editor
@Wazir Advisors
April - May 2019
Article Writer & Copy Editor for Wazir Advisors, a textile & apparel sector consultancy firm based in Gurgaon.
Weaving a US$500 billion Dream
Why you should be investing in the promising Indian Textile & Apparel Sector
India, the world’s largest democracy, is also one of the fastest growing economies in the world, and thereby an active hub for investors from all around the world. As per projections by the International Monetary Fund, India will soon overtake Germany as the world’s fourth largest economy. India’s private consumption is also expected to grow at a CAGR of 7 per cent from US$ 1.6 trillion in 2018 to a whopping US$ 2 trillion by 2022.
Global Fibre Shift
The Rise of Synthetics and What the Future Holds
The global fiber demand is growing – day by day, year by year – and there is no looking back. Global fiber consumption has increased from 29 million tons in 1980 to 94 million tons in 2017, and the growing market has brought with it a remarkable change in the consumption patterns attributable to a number of factors.
The industry has been witnessing a gradual shift from cotton to synthetic fibres over the past few decades. More than half of the global textile and apparel product pie comprises of items made out of synthetic fibre and its use is growing faster than cotton textiles and apparels. Polyester fibre consumption, especially, has been steadily gaining momentum with highest CAGR of 6 per cent from 1980 to 2017.