The Indian garment industry is one of the large scale industries of the country which employs concerning 8 million workers. Most workers employed in this industry are women and the industry contributes approximately 4% to India's Gross Domestic Product (GDP). With changing era, Indian garment manufacturers are coming happening considering subsidiary products to meet domestic as competently as global demand.
Indian Garment Industry Hubs
If one talks about merger, with India has a propos 10 major garment producing hubs which specialize in producing variety of garments. Tirupur, in the southern confess of Tamil Nadu has approaching 1500 knitwear garment producing units and is assumed say the "T-Shirt Town" of India.
In the north, Delhi, Gurgaon and Noida have emerged as hubs for production and export of readymade garments for women and children. Ludhiana in Punjab and Indore in Madhya Pradesh are with known for production of high-mood readymade garments. Bareilly, in Uttar Pradesh is known for zari be supple, which is one of the best in the world.
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Major Markets
Indian garments are known for their atmosphere all across the globe. The request for garments manufactured in India is increasing exponentially the world behind because Indian manufacturers fabricate high-setting products at a relatively cheaper rate than supplementary countries. The major markets where Indian garments are in high request are US, UK, Germany, Bangladesh, Italy, France, Spain and Turkey. Apart from increasing request in the international shout from the rooftops, India's own fashion announcement has undergone brusque changes highly developed than the years which have significantly bolstered the domestic demand.
Indian Garment Exports
Lately, garment exporters of the country have been facing tough competition from China and Bangladesh. However, also orders brute diverted, the sector is brimming when confidence. It is to be noted that the direction has targeted exports worth US$17 billion in the current fiscal year.
The recovery of American economy and tall demand from Europe has helped the country's garment sector. China, one of India's major competitors in the sector, has been losing it's edge because of rising labor and raw-material costs. Meanwhile, Bangladesh is facing the heat because of fires and collapses of its own factories. The last fiscal was disappointing for the sector in terms of exports. Confederation of Indian Textile Industry (CITI) estimated that exports went the length of from US$ 13.5 billion in 2011-12 to US$ 12.5 billion in 2012-13.
Problems of the Sector
The garment industry of the country, however, is plagued considering several problems. Scarcity of labor and poor enthusiastic conditions are two of the major roadblocks dogging the sector. Though India manufacture garments at a low price as compared to accumulation countries, yet escalating raw material costs lately is a major issue. Labor costs and cotton yarn prices have increased manifold in recent years, which is putting pressure upon manufacturers. India as well as needs to revisit its labor laws and invite more foreign concentrate on investment in the sector to gain a competitive edge. Production efficiency plus needs to be enhanced and manufacturers compulsion to know the recent trends at the gain of their hands to money neighboring to global competitors.
Indian Garment Industry Hubs
If one talks about merger, with India has a propos 10 major garment producing hubs which specialize in producing variety of garments. Tirupur, in the southern confess of Tamil Nadu has approaching 1500 knitwear garment producing units and is assumed say the "T-Shirt Town" of India.
In the north, Delhi, Gurgaon and Noida have emerged as hubs for production and export of readymade garments for women and children. Ludhiana in Punjab and Indore in Madhya Pradesh are with known for production of high-mood readymade garments. Bareilly, in Uttar Pradesh is known for zari be supple, which is one of the best in the world.
For more info new bookmakers europe
Major Markets
Indian garments are known for their atmosphere all across the globe. The request for garments manufactured in India is increasing exponentially the world behind because Indian manufacturers fabricate high-setting products at a relatively cheaper rate than supplementary countries. The major markets where Indian garments are in high request are US, UK, Germany, Bangladesh, Italy, France, Spain and Turkey. Apart from increasing request in the international shout from the rooftops, India's own fashion announcement has undergone brusque changes highly developed than the years which have significantly bolstered the domestic demand.
Indian Garment Exports
Lately, garment exporters of the country have been facing tough competition from China and Bangladesh. However, also orders brute diverted, the sector is brimming when confidence. It is to be noted that the direction has targeted exports worth US$17 billion in the current fiscal year.
The recovery of American economy and tall demand from Europe has helped the country's garment sector. China, one of India's major competitors in the sector, has been losing it's edge because of rising labor and raw-material costs. Meanwhile, Bangladesh is facing the heat because of fires and collapses of its own factories. The last fiscal was disappointing for the sector in terms of exports. Confederation of Indian Textile Industry (CITI) estimated that exports went the length of from US$ 13.5 billion in 2011-12 to US$ 12.5 billion in 2012-13.
Problems of the Sector
The garment industry of the country, however, is plagued considering several problems. Scarcity of labor and poor enthusiastic conditions are two of the major roadblocks dogging the sector. Though India manufacture garments at a low price as compared to accumulation countries, yet escalating raw material costs lately is a major issue. Labor costs and cotton yarn prices have increased manifold in recent years, which is putting pressure upon manufacturers. India as well as needs to revisit its labor laws and invite more foreign concentrate on investment in the sector to gain a competitive edge. Production efficiency plus needs to be enhanced and manufacturers compulsion to know the recent trends at the gain of their hands to money neighboring to global competitors.
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