Home / Knowledge / News / Apparel/Garments / Nearshoring is part of COVID-19 impact: Triburg CEO

Nearshoring is part of COVID-19 impact: Triburg CEO

May '20
Pic: Shutterstock
Pic: Shutterstock
The renewed vigour for nearshoring is part of the COVID-19 impact, and certain countries have done a jumpstart, Jyoti Saikia, CEO of Triburg Apparel, one of India's biggest apparel sourcing companies, said at a virtual panel discussion. There is a resurgence of business from places like Morocco, Turkey, which will supply to the regions around them.

"It is an issue if countries are nearshoring. Certain countries have done a jumpstart. I am talking to certain countries in Europe, and I understand that there is a resurgence of business from places like Morocco, Turkey, which will supply the regions around them, and because they have textiles, it is also easier," Saikia said during the panel discussion on 'Buying agents and buying in the new global order', guest anchored by Fibre2Fashion Consulting Editor Richa Bansal.

There are early signs that some companies will convert their distribution centres into partial production centres where workers are available. "Politically, it is going to be a dialogue to bring work home. But at the same time, there is a large piece of business which always cannot be nearshored. As far as, we are concerned in India or in the subcontinent, we will see a significant drop in business regardless of nearshoring for the simple reason that demand is coming down and there is a lot of inventory waiting to be shipped. This means trading with partners nearer home, across the borders close to us. We should relook at the kind of product that we are going to make," Saikia said during the panel discussion organised by Buying Agents Association.

Giving an idea about repurposing cancelled products for other markets, she said, "One of the things we are starting with is repurposing cancelled products, not only putting it in the market to liquidate through jobbers, but there is a possibility to repurpose it for some of the other countries. For example, if Spring/Summer is closing in here, in countries like Australia and South America the season is reverse, so we can repurpose for them."

Another point Saikia made was that people are more and more reaching out with very neat presentations online, with photography of products and pricing; products like overalls, coveralls, and things people may use when they are out on the street. They are willing to supply from 10 pieces to 10,000 pieces.

This has given rise to a new type of competition where instead of walking into somebody's warehouse to shop from the market, buying can be done online and products can be brought to stores, said Saikia. "I am also talking to lot of young designers who have their own businesses. They are creating new ideas for selling; again this is local sourcing and local selling. So, nearshoring from design perspective is also happening now."

"Covid is here to stay and we have to work around it. The manner in which we are going to plan of how to function is not a short-term situation, it is going to be much longer," she concluded.

Click here to watch recording of the panel discussion

Fibre2Fashion News Desk (RKS)

Must ReadView All

Pic: Shutterstock

Textiles | On 26th Sep 2020

Global economic forecast not as dark as earlier guess: IMF

Though the global economic outlook is not quite as dark as expected...

Pic: Edinburgh Woollen Mill

Fashion | On 26th Sep 2020

FRP appointed to value Peacocks, Edinburgh Woollen Mill

Edinburgh Woollen Mill Group CEO Philip Day has started the...

Pic: Shutterstock

Retail | On 26th Sep 2020

India plans retail trade policy, settling logistics policy

India plans to formulate a retail trade policy for which stakeholder...

Interviews View All

Dinaz Madhukar, DLF Emporio and DLF Promenade

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Top executives, Retailers

Top executives

Weak rupee breeds inflation

Top executives, Textile industry

Top executives
Textile industry

RoSCTL is need of the hour

Paolo Crespi,

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Sugandha Bhardwaj,

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Ravindra Jain, Ashish Baid,

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Ian Russell, Pireta

Ian Russell

UK-based Pireta has developed a unique free-form process to add durable,...

Sanjay Raut, Garware Technical Fibres Ltd

Sanjay Raut
Garware Technical Fibres Ltd

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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


Leave your Comments

September 2020

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

Advanced Search