Home / Knowledge / News / Textiles / Cheap Chinese imports hinder growth of textile sector

Cheap Chinese imports hinder growth of textile sector

08
Dec '08
As the demand graph of consumer goods move up during the past 10 months of the ongoing fiscal, imports of cheap Chinese products witness a sharp rise.

An increase in the import of garment and textiles and shoes from China has been observed recently.

Experts are of the opinion made-in-China products are more attractive and cost only half of those manufactured inland. Most of the consumers prefer buying low quality product because of their lower prices.

Cheap textile and apparel products imported from China is hurting Vietnamese manufacturer, when the industry is struggling to improve competitiveness in the face of declining exports.

At some market places Chinese garments and textiles provide around 20 percent of the total turnover.

Showing concern over the prevailing situation, market analysts suggest that manufacturers need to develop flexibility to react quickly to changes in the market; and Government should create a technical tariff barrier to protect domestic enterprises in a way that does not violate the regulations against protectionism.


Must ReadView All

Pic: Shutterstock

Textiles | On 20th Oct 2020

Italy clears stimulus package to help pandemic-hit economy

Italy recently approved a new stimulus package in its 2021 budget to...

Pic: Shutterstock

Retail | On 20th Oct 2020

US retail sales growth speeds up, Sept 4th month of gains

A strong rebound in apparel led a continuing V-shaped recovery as...

Pic: Shutterstock

Textiles | On 20th Oct 2020

China building more competitive mulberry silk industry

China is striving to build a more competitive mulberry silk industry...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

The budget will give major impetus to textile and apparel consumption

Rajiv Sirohi, Shara

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

DK Sharma, Velocity Apparelz

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Ken Butts,

Ken Butts

The mission of Swiss company Datacolor is to empower its customers to make ...

Ismail Ajani,

Ismail Ajani

Hollywood Footwear’s story began in 1946 when Jummabhai Ajani started the...

Gagan Gulati,

Gagan Gulati

PG Silk Mills Private Limited had a humble start with a hand-dyeing unit....

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Paige Mullis, Glen Raven Inc

Paige Mullis
Glen Raven Inc

Paige Mullis discusses the expansion plans of Glen Raven Inc in India, and ...

Robert Brookins, Alexium International

Robert Brookins
Alexium International

Alexium International is a specialty chemical development company...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Wendell Rodricks, Wendell Rodricks

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Igor Chapurin, Chapurin

Igor Chapurin
Chapurin

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

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


October 2020

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


Advanced Search