Global News

INDIA TO GAIN BENEFIT WITH BUSINESS MOVING AWAY FROM CHINA

NDIA TO GAIN BENEFIT WITH BUSINESS MOVING AWAY FROM CHINA

India is emerging as one of the preferred destination for International garment companies to shift their base from China.

The international garment firms are now placing large order for the products, that were till last year supplied by Chinese vendors, to their Indian vendors.

German leisure wear brand Marc O’Polo has placed a huge order for Jerseys to its Indian vendor Warsaw International.

The product was earlier being supplied by the German garment firm’s Chinese vendor..

United States based Carter, once the largest baby wear brand in the world, also wants to shift its significant portion of its business from China to India.

It has asked western Tamil Nadu based SP Apparels to work on developing a new fabric using man-made fibres.

“Beating China is tough as they have the scale, but looks like a beginning has been made this time,” P Sunder Rajan, MD of SP Apparels said, adding that the sector will need a lot of support on labour, financial and infrastructure from the government.

Related posts

UK’s Economic Growth On Fast Track

PS NewsDesk

1,200 garment workers sacked over protesting in Cambodia

INCREASE IN IMPORT DUTY ON OVER 200 TEXTILE PRODUCTS

Perfect Sourcing Newsdesk

Leave a Comment