Home / Knowledge / News / Apparel/Garments / Apparel exporters enjoy surplus orders
Apparel exporters enjoy surplus orders
29
Jun '10
Country's leading apparel exporters are enjoying the surplus order coming in from Europe and US. However, incessant pressure on margins does not give these companies the leverage to relax, thanks to sudden increase in demand from these major markets. The demand for Indian apparels is finally stabilizing.

Despite continuous economic hardship in the US and Europe, Indian apparel firms' order books continue to get filled, so much so they are busy till atleast September, dispatching orders to their US and European customers.

Increase in volumes garnered pace quite steeply during the recent months as international customers who had sliced their budgets initially are again returning in surplus.

However, exporters are yet to full rejoice this new dawn, as pressures continue to build up on pricing, mainly due to, the appreciation of rupee and powerful competition from suppliers of the neighbouring nations such as Bangladesh.

With rivals, as mentioned aforesaid, selling their apparels at a 25 percent lower price, Indian exporters are forced to slash their clothing prices.

Therefore, although volumes are rising, margins are not. Owing to reduce prices, value of India's garment exports dived by 10 percent to $9.7 billion for the fiscal ending March, as compared to the last year.

But in the market, while few firms aver that, there is constriction on the cost of apparels, others are of the opinion that, fresh orders will be booked at new prices, which will nip margins, thanks to the swing in currency.

However, flow of surplus orders, still comes as sigh of relief for exporters, who were being pushed in to darkness, following the world economic meltdown.

Fibre2Fashion News Desk - India

Must ReadView All

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Courtesy: Teijin

Textiles | On 5th Dec 2016

Teijin merges two businesses into one division

Japanese manufacturer of speciality fibres Teijin Limited is merging...

Courtesy: ISEA

Textiles | On 5th Dec 2016

Participation up 25% at International Sourcing Expo

In comparison to last year, there was 25 per cent rise in the overall ...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Karan Arora
Karan Arora

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

Igor Chapurin
Chapurin

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search