Home / Knowledge / News / Apparel/Garments / Delhi-NCR region can double clothing exports in 5 years
Delhi-NCR region can double clothing exports in 5 years
21
Jun '10
Delhi's apparel export industry holds the potential to grow to Rs. 20,000 crores by 2015, according to management consulting firm Third Eyesight, which carried out a study commissioned by the German technical cooperation (GTZ) under MSME Financing and Development Project.

This study evaluates opportunities in existing markets and products, and has also identified new areas for the industry based in the National Capital Region, including locations in Delhi, Uttar Pradesh, Haryana and Rajasthan.

Although the current exports from the region are a respectable Rs. 12,000 crores, the study suggests that double that amount of additional growth opportunity (of over Rs. 25,000 crores) is being missed by the Delhi NCR apparel cluster in terms of underweighted markets and products.

Delhi has been a keystone to the growth of apparel and textile exports from India, and accounts for 25% of the country's current exports. In fact, even when compared to the world's top apparel exporting countries, Delhi NCR falls within the Top-20 list, ahead of countries such as El Salvador, South Korea, Philippines, Peru and Egypt.

The Delhi industry provides buyers with unique value in terms of product development and design strengths, and a tremendously flexible supply base. According to the Director (Merchandising) of one of the largest global retailers sourcing from India, “Delhi scores high on responsiveness, and is more enterprising. It has the capability to handle extraordinary fabrics and is strong in interpretations of artwork.”

Currently, India's textile exports are weighted in favour of raw materials and intermediate products, which is a major concern from the long-term competitiveness perspective. Delhi-NCR apparel cluster can play a significant role in capturing additional value within the country.

According to GTZ, the study has recommended a growth opportunity roadmap for the stakeholders of the Delhi NCR apparel cluster. The study calls upon the Delhi NCR apparel cluster to re-align its emphasis on products and market destinations to access greater market share.

The detailed findings of the study will be shared on 3 July 2010 through a seminar titled “Discovering Growth”.

ABOUT THIRD EYESIGHT:
Third Eyesight is a consulting firm focused on lifestyle products, consumer goods and retail. Third Eyesight's clients include market-leaders and brand-leaders with annual sales of over US$ 80 billion, with whom it works in a variety of strategic and operational areas including market entry and new business start up, product development, sourcing and supply chain, and corporate / M&A strategy.

About GTZ:
The Deutsche Gesellschaft für Technische Zusammenarbeit (GTZ) is a German Government owned organization, working worldwide in the field of international cooperation for sustainable development.

India has been a priority partner country of German development cooperation for more than 50 years, and through this period GTZ has been active here on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).


Must ReadView All

India's garment exports up 24.93% in September 2017

Textiles | On 16th Oct 2017

India's garment exports up 24.93% in September 2017

The exports of readymade garments from India in September 2017 was...

Low GST rate on zari will generate jobs for women: SRTEPC

Textiles | On 16th Oct 2017

Low GST rate on zari will generate jobs for women: SRTEPC

There will be a rise in the employment for women with the slash in...

Consumers may suffer if no assurance to EU workers in UK

Apparel/Garments | On 16th Oct 2017

Consumers may suffer if no assurance to EU workers in UK

Consumers may suffer if the British Government does not quickly offer ...

Interviews View All

Nuno Venda
ROQ

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

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mark Paterson
Technical Absorbents Ltd

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Sanjukta Dutta
Sanjukta's Studio

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

October 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.9%
No
13.8%
Skip
9.2%

Total Votes: 65

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

Yes No

Active Poll

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

Yes
61.5%
No
27.7%
Skip
10.8%

Total Votes: 65

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

Yes No

Active Poll

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

Yes
84.6%
No
10.8%
Skip
4.6%

Total Votes: 65

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

Active Poll

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

Yes
73.8%
No
12.3%
Skip
13.8%

Total Votes: 65


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