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Fragmented nature of Indian apparel sector major challenge

20
Sep '18
Courtesy: Asmara Group
Courtesy: Asmara Group
A major challenge for the Indian apparel sector is its fragmented nature, with a large part of the industry in the micro, small and medium enterprises (MSME) segment with low adoption of technology and best practices, according to Nitin Gupta, executive vice president for technology, sustainability and marketing at Indonesia-based Asmara Group.

Other challenges include reduced export incentives, global price pressures and competition, cotton price volatility, logistics shortfall, delay in infrastructure projects, which are affecting the growth of the sector, Gupta told Fibre2Fashion in an interview.

“We have also not focused on enhancing our raw material capabilities particularly in fabric production and processing,” he said, adding that India is losing its global competitive edge in apparel exports.

Asmara operates in 13 countries with sourcing offices in nine and employs more than 1,100 people. (DS)

For the full interview, please click here.

Fibre2Fashion News Desk – India


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