Home / Knowledge / News / Apparel/Garments / Datang cluster emerges as the socks capital of the world
Datang cluster emerges as the socks capital of the world
Aug '08
Datang, a small town in China has emerged as the leading socks production base in the world with an annual output of 13.5 billion pairs. The hosiery industrial cluster, with Datang as its base, is built around 12 townships, accounting for 22 percent of the total industrial output value of Zhuji.

Under the backdrop of general downturn of the textile industry, the data emanating regarding the hosiery manufacturing cluster is a surprise. As of June this year, the entire hosiery cluster accumulated industrial output value of 19 billion yuan, sales income of 18.3 billion yuan and profits of 1.66 billion yuan, representing a year-on-year increase of 17, 15 and 14 percent, respectively.

However, experts fear that the future does not hold a very bright prospect for the hosiery industries in the cluster, because with the expiry of the US quotas by the end of 2008, companies in the region will have to worry about imposition of anti-dumping tariffs against Chinese textile goods.

Although some of the companies have already started hedging their foreign exchange transactions and making settlements in Euro to cope with RMB appreciation, these measure might not be the ultimate solution to the critical times, the industries might face 2009 onwards.

Fibre2fashion News Desk - China

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Victor Chao

‘In future, clothing boundary lines will become increasingly blurred.’

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Mohammad Hassan
Biax Fiberfilm

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search