Home / Knowledge / News / Apparel/Garments / India proves to be alternative for RMG exports
India proves to be alternative for RMG exports
12
Oct '10
The readymade garment sector of Nepal has found an alternative market for its products in India. Nepal's RMG manufacturers have procured an order of Rs 250 million from Indian traders in the past few months. This is expected to give a boost to the country's export of readymade garments particularly when its exports have been falling in the global market.

The industry has been motivated by the increasing demands for apparels from India. The sector has been acquiring more and more demands from new as well as the existing Indian customers. It has also been regularly receiving a number of inquiries from the Indian customers.

Around six big and thirty-six small apparel manufacturing units are functioning, at present, in Nepal. Majority of the orders for readymade garments are for the festive occasion of Diwali and the winter season.

Nepal enjoys a competitive advantage over the other RMG exporters as a result of its location adjacent to India, low raw material and labor costs. The country has been experiencing a sharp decline in its RMG exports, particularly to Europe and the US. However, the increasing demand for apparels from India has brought some hope for the garment manufacturers and exporters of Nepal.

The export of RMG to India is expected to surpass the Rs 1 billion mark in 2010, if its demands continue to increase at the same rate. The country has exported readymade garments worth Rs 600 million to India in 2009. It has been exporting shirts, pants, T-shits, suits and trousers to India.

Fibre2fashion News Desk-India


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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

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