Home / Knowledge / News / Apparel/Garments / Exporters caught between 'devil & deep sea'
Exporters caught between 'devil & deep sea'
09
Apr '09
The global recessionary trends have brought with it a lot of other headaches, other than the slowdown in orders. Exporters across the globe now also have to contend with protectionist measures like antidumping duty.

Anti-dumping duty on a particular product is adopted by any country, when it is found subject to a suitable investigation that the product is being sold in their country at a price considerably lower than those prevailing in the exporting country.

Exporters across the globe, whether it be from any country have been forced to cut back prices to the maximum possible by their respective buyers. In a bid to survive and keep their manufacturing units operational, these exporters are taking orders, even by incurring losses.

But, these low prices are becoming nemesis for the exporters, who are at the receiving end of the importing countries, who are endorsing anti-dumping duties on the premise that import prices are lower than those prevailing in the markets of the exporters.

Experts aver that, these anti-dumping duties do not affect the exporter in question to a large extent, but affects the sector as a whole, which has to bear the brunt of these protectionist measures and also loose market shares, built with toil over the years.

Big retail companies which are sourcing out large orders to countries in Asia are squeezing out every bit of margin of the exporter with the threat of taking the orders elsewhere. The exporters have been typically caught between what is called 'devil and the deep sea'.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 29th Jun 2017

Indian textile industry will reach new milestone by 2020

By 2020, textile technologies will be highly advanced not only with...

Alessandro Zucchi; Courtesy: ACIMIT

Textiles | On 29th Jun 2017

Alessandro Zucchi succeeds Carabelli as ACIMIT president

The members’ assembly of the Association of Italian Machinery...

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Interviews View All

Smita Murarka
Amanté

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

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Kerem Durdag
Biovation II LLC

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

Johan Berlin
InvestKonsult Sweden AB

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Sanjukta Dutta
Sanjukta's Studio

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

Judy Frater
Somaiya Kala Vidya

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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:
July 2017

July 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