Indian Apparel Industry Opportunities Unlimited Economics

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1) INTRODUCTION Country: INDIA State: BANGALORE Factory: ARVIND’S Denim India has a Strong raw material base as they are the largest producer of cotton after China and US. Low labor costs: India has one of the cheapest labor rates in the world, which adds to the higher cost competitiveness of the Indian companies. Labor cost in very low. Comparing as low as 75 cents per hour as compared to 100 cents in china and 120 cents in case of Thailand and 300 cents in case of Turkey. (Source: office of textile commissioner ) High quality designing: Indian designers are respected for their high skills in designing and artistry all over the world.…show more content…
Reputed international players like Levis, M&S, Adidas, Tommy Hilfiger, Debenhams, GAP, S Oliver, EDC-Esprit etc. have expanded their presence in Indian markets in last 5 years or so. With the duties on imported goods being high, most of these retailers realized the importance of domestic sourcing to be able to offer better prices to the customer. These retailers are also governed by their international regulations of sourcing and hence cannot work with small manufacturers, who do not follow the pre established code of conduct of compliances. Source: http://www.technopak.com/files/Indian_Domestic_apparel_manufacturing.pdf India is maximizing and strengthening its manufacturing base. Over the years the country has witnessed good amount of development of some regions as specialized in niche products, making it easier and feasible for international players to source and work in India. Few hubs of such garment industry are Bangalore, Ludhiana, Delhi and Jaipur. The city of Bangalore is emerging as a techno-savvy structured garment manufacturing center. With the updated technology and efficient it systems for higher productivity in basic garments such as jean. Even the units from different states are investing in Bangalore. Even the city has the advantage of skilled labor and technical know how this region has acquired over time. Recently it has got
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