Interviews
India - aggressively growing textile giant
04 Apr '07
2 min read
Chinese and Indian governments both have paid great intention to the development of textile and garment industries, both support the future development of textile and garment industries with active programs. From the textile policies of the two countries, the biggest differences can be seen as follows:
The attitude of Indian government is to support the textile industry and promote its development, while Chinese government's attitude is to optimize the structure of textile industry though adjustment.
India is the world's second largest textile and garment producer, its advantages are in cheap labor, diversification of raw materials, traditional design techniques, and a huge domestic market. However, India's investment has been inadequate and scattered, processing costs of raw materials are higher, equipment upgrading lags behind. In addition, India's enterprise scale has been smaller.
It can be said that textile industries in China and India are in different stages of development. India is at the initial stage of scale growth. India will face resource bottlenecks faster than China, if its textile industry would develop to a certain size.
The attitude of Indian government is to support the textile industry and promote its development, while Chinese government's attitude is to optimize the structure of textile industry though adjustment.
India is the world's second largest textile and garment producer, its advantages are in cheap labor, diversification of raw materials, traditional design techniques, and a huge domestic market. However, India's investment has been inadequate and scattered, processing costs of raw materials are higher, equipment upgrading lags behind. In addition, India's enterprise scale has been smaller.
It can be said that textile industries in China and India are in different stages of development. India is at the initial stage of scale growth. India will face resource bottlenecks faster than China, if its textile industry would develop to a certain size.
Fibre2fashion, News Desk - China
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