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People of Indian origins make it big in knit textiles trade at Shaoxing

11
May '06
A textiles trader Roshan, based in the lively city of Shaoxing asserts the initial three months in China were tormenting for him. He said, he could not understand a word and considered that it was a blunder he committed coming here.

Roshan is one among 1,200 odd Indian nationals working in Shaoxing, situated three hours drive down south of Shanghai and on the southern province of the Yangtze delta.

Shaoxing is widely recognized as the textiles capital of China and even from Asia. It has the maximum concentration of Indians in China, more than Beijing and Shanghai collectively considered.

Majority of the Indians here are textile traders and so far, very few have in reality, come from India. They have been drawn over the past five years from Dubai, Hong Kong, Taiwan and even South Korea.

Roshan and his acquaintances source and supply generally wholesale fabric to markets over the globe, including West Asia, Africa, Iran, Iraq and East Europe. The community exports more than 3,000 containers a month at an average cost of US $30,000 a container.

The Indian traders' share of exports to India has been raising steadly to approximately 700 to 800 containers a month. Roshan had set up his own trading firm, sourcing fabric from Taiwan and South Korea, and supplying it to West Asia.

Phulwani, another trader says, initially, he used to export around 50 containers a month but today, he does almost 100, of these, and about 10 among them, head for India.

Phulwani is the President of Shaoxing Indian Business union and points out that unions are not permitted in China, particularly ones with religious affiliations.

Phulwani optimistically said that as long as the textiles business prospers, he will stay there for may be ten to fifteen years because China is growing.

Moreover, according to him there is obstacle or hurdle in conducting business; their treatment is good and respectful, and more importanly, there is no corruption.


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