Mukta Mal­ho­tra, SAAR, New Delhi

Perfect Sourcing - - Cover Story -

I don’t’ think In­dia has any ben­e­fit from this trade war as China and In­dia are two en­tirely dif­fer­ent en­ti­ties. In­dia also can­not com­pete with China. In­dia can only grow if they get more or­gan­ised. The yarn prices are on hike, labour cost is in­creas­ing and with these prob­lems noth­ing can grow hence I don’t think that the ap­parel ex­port in­dus­try will be able to grow at a good rate. The big­gest chal­lenge is that In­dia never had the chance to grab busi­ness for bulk or­ders. The com­pe­ti­tion is very high and thus all the or­ders are be­ing di­verted to coun­tries where there is cheap labour. But the Govt. needs to sup­port its ex­porters. The sourc­ing will grow only if the buy­ing houses do their R&D prop­erly. Prod­uct cat­e­gories like hand­looms, men’s wear, both in knits and wo­ven are re­ally grow­ing and gain­ing good de­mand from In­dia.

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