Home / Knowledge / News / Apparel/Garments / High production cost affects Indian apparel exports
High production cost affects Indian apparel exports
03
Nov '12
The increase in manufacturing costs has taken a toll on Indian apparel exports, according to traders.
 
They say the increase in production cost in the Indian apparel industry has led to a reduced demand for Indian garments in overseas markets and it has opened up new clothing exports opportunities for countries like Bangladesh, Indonesia, Vietnam, Turkey and Mexico. 
 
According to the statistics released by the Apparel Export Promotion Council (AEPC), Indian apparel exports fell by 7.2 percent year-on-year in the month of August and in April-August 2012 period, apparel exports declined by 12.6 percent year-on-year. 
 
Mr. Devendra Baid, CEO of Welfit Garments, told fibre2fashion, “In India, the manufacturing cost of apparels is very high and everyone is looking out for cheaper rates. As compared to India, much cheaper garments are available in countries like Bangladesh and this has affected the Indian apparel sector.”
 
“This year, Welfit Garments did not receive any orders for Christmas from the overseas market” he informs.
 
Kolkata-based Welfit Garments is one of the leading manufacturer and exporter of readymade garments for children, which specializes in school uniforms, infant wear and casual wear.
 
Echoing similar view, Mr. Anil Ahuja, managing director of Ahuja Web Private Ltd, an apparel company engaged in manufacturing and exporting of garments for women and children, says, “Indian apparel exports are suffering due to high production cost.”
 
“Moreover, the Central Government policies are not in favour of exports at the moment and this is also a reason for our prices being higher compared to other countries,” he adds.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Inditex

Apparel/Garments | On 23rd Mar 2019

Inditex, MIT collaborate on sustainability challenges

Inditex and MIT are collaborating to promote research in global...

Pic: Lenzing

Textiles | On 23rd Mar 2019

Lenzing to appoint new members to supervisory board

Prior to the annual general meeting of the publicly traded company...

China to boost investment in Bangladesh: envoy

Textiles | On 23rd Mar 2019

China to boost investment in Bangladesh: envoy

China would facilitate more investment by its companies and small and ...

Interviews View All

Ajay Ghariwala, Luthra Group

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Arvind Saraf, Triveni Sarees

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Deepak Jain, Baggout

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Mala Alwani,

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Pratik Agarwal,

Pratik Agarwal

Breya is a brand of Indo-Western clothes for women owned by ABP Apparels...

Umang Banthia,

Umang Banthia

Established in 2005, SL Banthia Textiles manufactures coated fabrics....

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...

Luis Quijano, Liberty University

Luis Quijano
Liberty University

Focusing on bold patterns and colour palettes, Luis Quijano, a student at...

Eric Scholler, Groz-Beckert

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

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

Igor Chapurin, Chapurin

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

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

Leave your Comments


March 2019

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

news category


Related Categories:

Advanced Search