The Indian garment industry is one of the large scale industries of the country which employs re speaking 8 million workers. Most workers employed in this industry are women and the industry contributes concerning 4% to India's Gross Domestic Product (GDP). With changing era, Indian garment manufacturers are coming happening considering additional products to meet domestic as ably as global demand.
Indian Garment Industry Hubs
If one talks roughly magnetism, later India has in excuse to 10 major garment producing hubs which specialize in producing variety of garments. Tirupur, in the southern confess of Tamil Nadu has on the order of 1500 knitwear garment producing units and is as well as known as the "T-Shirt Town" of India.
In the north, Delhi, Gurgaon and Noida have emerged as hubs for production and export of readymade garments for women and children. Ludhiana in Punjab and Indore in Madhya Pradesh are along with known for production of high-air readymade garments. Bareilly, in Uttar Pradesh is known for zari do something in-act, which is one of the best in the world.
Major Markets
Indian garments are known for their atmosphere all across the globe. The request for garments manufactured in India is increasing exponentially the world on peak of because Indian manufacturers produce high-setting products at a relatively cheaper rate than auxiliary countries. The major markets where Indian garments are in high request are US, UK, Germany, Bangladesh, Italy, France, Spain and Turkey. Apart from increasing request in the international push, India's own fashion avowal has undergone unexpected changes subsequent to again the years which have significantly bolstered the domestic demand.For more info new bookmakers europe
Indian Garment Exports
Lately, garment exporters of the country have been facing tough competition from China and Bangladesh. However, once orders monster diverted, the sector is brimming once confidence. It is to be noted that the running has targeted exports worth US$17 billion in the current fiscal year.
The recovery of American economy and high demand from Europe has helped the country's garment sector. China, one of India's major competitors in the sector, has been losing it's edge because of rising labor and raw-material costs. Meanwhile, Bangladesh is facing the heat because of fires and collapses of its own factories. The last fiscal was disappointing for the sector in terms of exports. Confederation of Indian Textile Industry (CITI) estimated that exports went down from US$ 13.5 billion in 2011-12 to US$ 12.5 billion in 2012-13.
Problems of the Sector
The garment industry of the country, however, is plagued surrounded by several problems. Scarcity of labor and destitute operational conditions are two of the major roadblocks dogging the sector. Though India manufacture garments at a low price as compared to supplementary countries, yet escalating raw material costs lately is a major event. Labor costs and cotton yarn prices have increased manifold in recent years, which is putting pressure on manufacturers. India in addition to needs to revisit its labor laws and invite more foreign accept investment in the sector to profit a competitive edge. Production efficiency as well as needs to be enhanced and manufacturers compulsion to know the recent trends at the backing of their hands to make known bearing in mind to global competitors.
Indian Garment Industry Hubs
If one talks roughly magnetism, later India has in excuse to 10 major garment producing hubs which specialize in producing variety of garments. Tirupur, in the southern confess of Tamil Nadu has on the order of 1500 knitwear garment producing units and is as well as known as the "T-Shirt Town" of India.
In the north, Delhi, Gurgaon and Noida have emerged as hubs for production and export of readymade garments for women and children. Ludhiana in Punjab and Indore in Madhya Pradesh are along with known for production of high-air readymade garments. Bareilly, in Uttar Pradesh is known for zari do something in-act, which is one of the best in the world.
Major Markets
Indian garments are known for their atmosphere all across the globe. The request for garments manufactured in India is increasing exponentially the world on peak of because Indian manufacturers produce high-setting products at a relatively cheaper rate than auxiliary countries. The major markets where Indian garments are in high request are US, UK, Germany, Bangladesh, Italy, France, Spain and Turkey. Apart from increasing request in the international push, India's own fashion avowal has undergone unexpected changes subsequent to again the years which have significantly bolstered the domestic demand.For more info new bookmakers europe
Indian Garment Exports
Lately, garment exporters of the country have been facing tough competition from China and Bangladesh. However, once orders monster diverted, the sector is brimming once confidence. It is to be noted that the running has targeted exports worth US$17 billion in the current fiscal year.
The recovery of American economy and high demand from Europe has helped the country's garment sector. China, one of India's major competitors in the sector, has been losing it's edge because of rising labor and raw-material costs. Meanwhile, Bangladesh is facing the heat because of fires and collapses of its own factories. The last fiscal was disappointing for the sector in terms of exports. Confederation of Indian Textile Industry (CITI) estimated that exports went down from US$ 13.5 billion in 2011-12 to US$ 12.5 billion in 2012-13.
Problems of the Sector
The garment industry of the country, however, is plagued surrounded by several problems. Scarcity of labor and destitute operational conditions are two of the major roadblocks dogging the sector. Though India manufacture garments at a low price as compared to supplementary countries, yet escalating raw material costs lately is a major event. Labor costs and cotton yarn prices have increased manifold in recent years, which is putting pressure on manufacturers. India in addition to needs to revisit its labor laws and invite more foreign accept investment in the sector to profit a competitive edge. Production efficiency as well as needs to be enhanced and manufacturers compulsion to know the recent trends at the backing of their hands to make known bearing in mind to global competitors.
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