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

Apparel/Garments | On 23rd May 2017

Apparel, footwear use may rise by 63% in 2030: Report

The apparel and footwear consumption is projected to rise by 63 per...

Apparel/Garments | On 23rd May 2017

Gap Inc earns $3.4 bn in net sales in Q1 FY17

Gap Inc's net sales for the first quarter of fiscal year 2017 were...

Textiles | On 23rd May 2017

Grasim's VSF business net revenue up 12% in Q4 FY17

The viscose staple fibre (VSF) business of Grasim Industries has...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kerem Durdag
Biovation II LLC

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search