Home / Knowledge / News / Apparel/Garments / Erode garment exporters optimistic on grabbing Intl orders
Erode garment exporters optimistic on grabbing Intl orders
26
Aug '08
Textile and garment manufacturers and exporters in Erode have their fingers crossed on having a bright future prospect, especially since a large number of international buyers are turning to India following the hike in prices of textile and apparel in China.

China has the largest share in the export market and it virtually monopolized the international scenario but after a surge in the cost of production, buyers from various countries, including those from US and EU have started placing fresh orders with exporters in Erode, Tamil Nadu, India.

In an exclusive interview with Fibre2fashion, Mr S Sivanandhan, Secretary of Textile Garment Exporters Association of Erode, stated, “Previously prices in China were 25 percent less compared to India but in the present times, prices have nearly equaled. Now textile and garment manufacturers and exporters are hoping that buyers will again turn towards India. There were a few small and medium scale industries who have decided to shut down their plants due to one or the other problems being faced since last year. But our association has asked members to wait for another 3 to 4 months. Although we have not received any order from international buyers as yet, we are expecting it in the near future.”

It has been reported that production and export of garments from China have dropped remarkably due to a host of reasons including price hike of raw materials and increase in the cost of production.

On the other hand, Tamil Nadu exported apparels worth Rs20,000 crore of which Erode alone accounted for Rs500 crore. Experts are confident that if the Government continues to lend its support, it will not be long before India is able to grab a larger pie of the marketshare of China and become a leading player in the global export market.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 21st Jul 2017

No shortage of cotton & yarn in country: Minister

There is no shortage of cotton and yarn in the country, and the...

Pic courtesy: Sutlej Textiles & Industries Ltd

Textiles | On 21st Jul 2017

Sutlej Textiles’ Q1 FY18 EBITDA expands to Rs 76.28 cr

Sutlej Textiles and Industries Ltd (STIL), one of India’s largest...

Textiles | On 21st Jul 2017

CAI revises 2016-17 cotton crop to 337.25 lakh bales

Cotton Association of India (CAI) has upwardly revised cotton crop...

Interviews View All

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mark Paterson
Technical Absorbents Ltd

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Igor Chapurin
Chapurin

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

Madhu Jain
Madhu Jain

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

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X