Home / Knowledge / News / Apparel/Garments / High production cost affects Indian apparel exports
High production cost affects Indian apparel exports
03
Nov '12
The increase in manufacturing costs has taken a toll on Indian apparel exports, according to traders.
 
They say the increase in production cost in the Indian apparel industry has led to a reduced demand for Indian garments in overseas markets and it has opened up new clothing exports opportunities for countries like Bangladesh, Indonesia, Vietnam, Turkey and Mexico. 
 
According to the statistics released by the Apparel Export Promotion Council (AEPC), Indian apparel exports fell by 7.2 percent year-on-year in the month of August and in April-August 2012 period, apparel exports declined by 12.6 percent year-on-year. 
 
Mr. Devendra Baid, CEO of Welfit Garments, told fibre2fashion, “In India, the manufacturing cost of apparels is very high and everyone is looking out for cheaper rates. As compared to India, much cheaper garments are available in countries like Bangladesh and this has affected the Indian apparel sector.”
 
“This year, Welfit Garments did not receive any orders for Christmas from the overseas market” he informs.
 
Kolkata-based Welfit Garments is one of the leading manufacturer and exporter of readymade garments for children, which specializes in school uniforms, infant wear and casual wear.
 
Echoing similar view, Mr. Anil Ahuja, managing director of Ahuja Web Private Ltd, an apparel company engaged in manufacturing and exporting of garments for women and children, says, “Indian apparel exports are suffering due to high production cost.”
 
“Moreover, the Central Government policies are not in favour of exports at the moment and this is also a reason for our prices being higher compared to other countries,” he adds.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search