Home / Knowledge / News / Textiles / Ludhiana hosiery makers demand level playing field
Ludhiana hosiery makers demand level playing field
12
Oct '12
Hosiery manufacturers from the textile hub of Ludhiana in India’s Punjab province have sought a level-playing field, especially in relation to their Bangladeshi counterparts.
 
The Knitwear Club, which represents hosiery and knitwear manufacturers in Ludhiana, has written a letter to Prime Minister Manmohan Singh saying the Government’s decision to allow 48 apparel items from Bangladesh to enter India duty-free is affecting hosiery manufacturers in Ludhiana.
 
The letter says Ludhiana hosiery manufacturers are losing out to competition from Bangladesh, resulting in a dip in the volume of their business as the number of orders has declined.
 
The letter explains that Bangladesh products are low-priced compared to those manufactured in Ludhiana, owing to low cost of labour, lesser bank interest rates, low cost of production and lower power tariff in Bangladesh.
 
Hence, the Government should provide a level-playing field for Indian hosiery makers to enable them to compete with their Bangladeshi counterparts, the Knitwear Club said.
 
The Club has urged the Government to conduct a comprehensive analysis of the impact of granting duty-free access to Bangladeshi readymade garments (RMG) in India.
 
There are around 12,000 small and medium hosiery and other textile units in Ludhiana, which together provide direct and indirect employment to more than 400,000 people.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Reliance Industries

Textiles | On 24th Apr 2017

Reliance’s FY17 revenue from petrochemicals up 12.2%

Increase in prices across polymers and polyester chain has...

Textiles | On 24th Apr 2017

India, Kazakhstan to increase cooperation in textiles

Indian and Kazakhstan are deliberating upon increasing cooperation in ...

Textiles | On 24th Apr 2017

GST reflects 'One nation, One aspiration' spirit: Modi

Prime Minister Narendra Modi has said that the Goods and Services Tax ...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Marcel Alberts
Eurofibers

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

Lynda Kelly
Suominen Corporation

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

Ritu Kumar
Label Ritu Kumar

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Karan Arora
Karan Arora

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

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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