One
single sector which has made the pitch of India resonate is the
garment and textile industry, with India making a large share of
export in the US market, heading a record surge in 2014 year. Signals
of a steady revival in the economy of United States hold the hopes
high for 2015 year. There is significant buoyancy in total demand for
garment factory in India and their products have the potential to
touch new sales graph.
The
garment factory India not just
cater to the needs of the Indian or US market but they serve the
European markets too. It has departed its sluggish growth trend in
Europe and have improved by leaps in bounds by manufacturing world
class garments which give tough competition to the International
garments style and texture. They engage in socially
responsible manufacturing
process which was adopted owing to reflection of blend of different
global factors. These factors were:
Major
factory fire accident in Bangladesh in 2014
- Labor Unrest in garment factory of Cambodia
- Currency appreciation of India
- Progressive decline of Exports of China in UA market
Amid
the months of January to October, the Indian garment and textile
exports to United States has prominently increased by 6.5 percent.
This growth of textiles and garments is very important despite the
steep strengthening of INR since 2013 September. On one hand where
there is a steady pick up in United States demand, there are good
number of cotton garment manufacturing industries in India that are
helping the nation’s apparel and textile exports.
The
pickup performance is very much visible in the textile and garment
expert garment
factory India
which have earned fame for their initiative of socially responsible manufacturing
process. Ready made clothes play significant role in country’s
double digit export rise in May, touching the figure to 25 percent
increase.
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