Home / Knowledge / News / Textiles / Indian textile sector keen to explore emerging markets
Indian textile sector keen to explore emerging markets
Apr '13
Indian textile and garment manufacturers are eyeing on emerging markets, including South America, Japan, Australia, New Zealand and Africa, for exports.  
According to industry representatives, Indian textile sector witnessed a negative growth mainly due to decline in clothing exports in 2012-13. However, exports to non-traditional markets recorded positive growth during this period and the textile and apparel makers expect the growth to continue in the current fiscal year. 
Speaking to fibre2fashion, secretary of Confederation of Indian Textile Industry (CITI), Mr. DK Nair said, “Last fiscal year may have ended with a negative growth in exports of textiles, basically because of the decline in garment exports. But now the demand for our garments has started improving in the traditional markets and exports to some new markets have also started growing. Thus, our exports of textiles during 2013-14 are expected to register a significant positive growth.”
“There is also a perceptible improvement in production and domestic demand for all textile products,” he adds.
When asked about shifting focus to emerging markets, he says, “The focus needs to be on the traditional markets, since global consumption of textile products is substantially in our traditional markets. Emerging markets in Latin America, Africa and South East Asia including Japan are potential areas for improving our export of garments. For non-apparel textiles, Asia and Europe will remain the major markets.”
During the 11 months of the last fiscal year, clothing sector recorded a shortfall in exports by 8 percent and declined to US$ 11.5 billion, compared to US$ 14 billion worth of garment exports made in the year 2011-12. 
Mr. Rahul Mehta, president of Clothing Manufacturers Association of India (CMAI), says, “I see a slight improvement in the exports this year since the US economy is showing signs of some recovery and efforts of the industry to diversify into non-traditional markets will start bearing some fruits.”
Some of the emerging markets being focused by the textile and apparel makers for last few years include South America, Japan, Australia and New Zealand.
“Entry into new markets is never easy and it is a long-term exercise. But hopefully, last few years’ efforts will start showing results this fiscal year,” Mr. Mehta opines.
Last month, chairman of Apparel Export Promotion Council (AEPC), Mr. A Sakthivel proposed to the Union Minister for Commerce, Industry & Textiles Mr. Anand Sharma to increase duty credit scrip from the present 3-4 percent to 5 percent for the non- traditional markets to reduce the dependency on the US and the EU. 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Kornit Digital

Textiles | On 28th Feb 2017

'Customisation is an advantage of digital printing'

Changing business models and companies' decision to reduce their...

Textiles | On 28th Feb 2017

China's textile & apparel exports up 10.2% in Jan 2017

Exports of textiles and garments from China resumed growth in the...

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

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...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search