Home / Knowledge / News / Apparel/Garments / South Asian apparel sector must create quality jobs
South Asian apparel sector must create quality jobs
29
Mar '16
South Asia has put in place a number of policies to support the textile and apparel sector, but there is still significant room for improvement in a number of key areas such as product concentration, quality, input availability, lead times, reliability, and compliance that are relevant to boost exports and create good jobs for development, according to World Bank report titled Stitches to Riches.

The report found that South Asia exhibits significant potential to capture displaced apparel production as a result of rising costs in China. The Bank’s estimates suggest that a 10 per cent increase in China’s prices would boost South Asian exports between 13 and 25 per cent, although the gain would be even bigger for Southeast Asia (between 37 and 51 per cent).

These higher exports, in turn, would potentially translate into more good jobs for development. Moreover, female workers are expected to benefit the most—including through higher expected wages than in agriculture, which would have positive ripple effects for both the overall economies and individual households.

The report estimates that a 10 per cent rise in Chinese wages could be associated with an increase of up to 9 per cent in male and female employment in the South Asian countries. Individual estimates vary by country, gender, and trading partner - with Pakistan and Bangladesh winning the biggest gains for the US market and Sri Lanka doing the best in the EU markets. This also underscores the unique situation and policies in place in each country

It is important for South Asian economies to design and implement policies to improve competitiveness in apparel. Most South Asian countries would benefit significantly from easing barriers to the import of inputs and facilitating market access and foreign investment.

According to the report, apparel firms in India are disproportionately concentrated in the informal sector and tend to be small. Further, firms mainly produce cotton garments and have not made inroads into the market for synthetic apparel. India currently has midrange unit values but low productivity, product diversity, and lead times.

The World Bank’s elasticity estimates reveal that a 10 per cent increase in Chinese prices to the EU can increase male employment by 4.3 per cent and female employment by 3.26 per cent.

As for policy options for product diversity, policy makers could reduce tariffs and import barriers to ease access to MMFs - such as more transparency for duty drawback schemes and bonded warehouses, and removing antidumping duties on MMFs. They could also lower excise taxes or provide other incentives to develop a domestic MMF industry.


Must ReadView All

Textiles | On 21st Aug 2017

Turkish apparel exports fall 6.11% in H1 2017

Apparel exports from Turkey declined by 6.11 per cent in the first...

Textiles | On 21st Aug 2017

Liaoning Bora picks LyondellBasell’s PP & PE tech

Liaoning Bora Petrochemical Co., Ltd has selected LyondellBasell’s...

Textiles | On 20th Aug 2017

PetroVietnam, Vinatex discuss reviving PVTEX plant

Discussions are under way between PetroVietnam and textile and...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Shawn Honeycutt
Bolger & O'Hearn

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

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Steve Cole
Xerium Technologies

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Bani Batra

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

August 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
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

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
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

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
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

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
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


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