Home / Knowledge / News / Apparel/Garments / Indian apparel sector can ride out a second dip – Expert
Indian apparel sector can ride out a second dip – Expert
18
Nov '10
Mr Robin Anson, Managing Editor of the UK-based Textiles Intelligence was in Ahmedabad recently for the International Conference on Denims. Mr Anson delivered the keynote address at the conference and presented a paper on “Denim and Jeans: A global perspective”.

Textiles Intelligence is a leading provider of business information on the global fibre, textile and apparel industries - via printed publications, online access to news and information, and conference presentations from its team of industry experts.

Since, Mr Anson is a respected figure in the global textile and apparel arena, we decided to field him a few questions to get his perspective on the Indian textile and apparel industry.

F2F – Please comment on the reason as to why smaller countries like Bangladesh and Vietnam are squeezing ahead of India in the worldwide apparel export market.
Mr Anson - As far as Bangladesh is concerned, the country is focusing very much on the garment sector, due to which it draws a lot of support from the government and it looks at the sector as a way to bringing economic development in to the country. Secondly, the wages in that country are extremely low, which makes it extremely competitive. Thirdly, Bangladesh is a Least Developed Country (LDC), due to which it qualifies for duty-free exports to the European Union and other regions. These are probably the main reasons for its rise in garment exports.

Again, Bangladesh does not historically have any textile production to speak of, so the country has had to import all its fabric needs, which is a disadvantage as there are extra costs attached to imports, but at the same time, it also has its advantages, as they are free to source the fabric and the quality of their choice from wherever they want, which ensures complete control over the whole production process.

Turning to Vietnam, it is a communist country and has been a closed economy and trying to get in to the US markets has been difficult, again because of historical reasons, mainly because of the conflict in the past, but when Vietnam joined the WTO, the US had to withdraw import quotas. Secondly, labour costs are also low here, along with good working ethics and when the country joined the WTO, a lot of entrepreneurs smelled opportunities and pushed forward and got the first mover advantage in to the markets of Europe.

Vietnam too has been wise in choosing the clothing sector in achieving the goal towards industrialization and is trying to build an efficient supply chain network to complement the industry.

F2F - But considering that Vietnam does not have free trade access to Europe and the US, except with Japan, and is also not a LDC, there has to be something else, which is driving garment exports and your advice to Indian clothing exporters.
Mr Anson - I would say that, this industry is new to Vietnam, due to which they have new technology, while in India it is a traditional industry, which some times gets in the way and since the sector industrialized sooner, it has got older machinery and technology. The second major flaw, I foresee is that foreign investors are reluctant to invest in India due to red tape, while Vietnam on the other hand is encouraging FDI in the sector from China and other countries, the benefits of which are there for all to see.


Must ReadView All

US announces final CVD on fine denier PSF from China, India

Textiles | On 19th Jan 2018

US announces final CVD on fine denier PSF from China, India

The US secretary of commerce Wilbur Ross recently announced the...

EU consumers to gain from cheaper, safer, better e-payments

Apparel/Garments | On 19th Jan 2018

EU consumers to gain from cheaper, safer, better e-payments

European consumers can now reap the full benefits of paying online...

Courtesy: Epson

Textiles | On 19th Jan 2018

Epson's new SC F2100 enhances DTG printing

Epson, a leader in inkjet printers and digital textile printing...

Interviews View All

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

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...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

January 2018

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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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