| 15 days ago, retail giant Wal-Mart rival Target | | | | export unit is in the process of merging. Apparel |
| co-chairman of Jaganath in India held a conference | | | | Export Promotion Council in India, the number of |
| for global procurement. | | | | registered companies of more than 25,000 from last |
| Wal-Mart's delegation will gradually strengthen in India | | | | year fell to 5,000. |
| purchasing clothing and other products. This shows | | | | India has been doing a good job in 2004 after fierce |
| how the world viewed the 2004 Indian apparel | | | | competition with China to prepare. But China's |
| industry signs. | | | | garment export capacity close to 50 billion U.S. dollars |
| According to the WTO Multi-Fibre Agreement, from | | | | annually, China's apparel production is much bigger |
| January 1, 2005, the textile quotas will be lifted, India | | | | than India. In a few years ago, the Indian outsourcing |
| has become an important destination for global | | | | market is very fragmented fashion, mainly because |
| sourcing. | | | | of government policies, and in recent years, China |
| 2004 will be India's garment industry the most crucial | | | | has the capacity to add new clothing. China's labor |
| year in history. Indian apparel industry is accelerating | | | | force by the advantages of education and training in |
| to meet the challenges of non-quota regime. If you | | | | India can not match. At present, China has the |
| allow the better in 2004, is to improve the prospects | | | | world's 10 largest market share of the quota |
| for India's garment exports. | | | | countries up 11.3%, while India accounted for only |
| With the abolition of the quota system, India's | | | | 3.2%. |
| apparel exports from the current six billion U.S. dollars | | | | Currently, India's garment export unit are asking the |
| in 2010 to grow to 25 billion U.S. dollars. | | | | Government to amend the labor law to reduce the |
| In 2003, India, several major apparel companies | | | | huge import tax differences. With the rupee against |
| accelerated increase capacity to meet rising demand. | | | | the U.S. dollar's value, 4-10 months in 2003, India's |
| These include Raymond Company, Zodiac company, | | | | apparel exports to the United States fell by 11%, fell |
| Madura Garments and so on. They have done in | | | | to 1.069 billion U.S. dollars. Exports to the EU increased |
| South India plans large-scale garment manufacturing | | | | by 20%. 4-10 months in 2003, India's quota to all |
| facility. The plant will be commissioned before the | | | | countries, garment exports reached 2.417 billion U.S. |
| end of this year. This trend will become more | | | | dollars, an increase of 3 percent. |
| apparent in 2004, because many small and medium | | | | After a long slump, the luck of clothing company in |
| enterprises seeking expansion of private capital are | | | | 2003, improved operating performance. In 2003, as a |
| inhaled. Southern part of India's textile companies | | | | good external environment, organized retail |
| have completed plans to enter the apparel industry. | | | | expansion, India's apparel sales were up 25% -30%. |
| From the Indian garment industry sources said the | | | | India's leading apparel companies are planning to |
| merger between the clothing company is imperative, | | | | continue to promote sales. Garment industry that |
| because the global retail giant eager to buy products | | | | India's domestic market is still in a downturn. |
| from large units. Currently, India's leading garment | | | | |