Ashwani Mongia, Bittoo Overseas, Delhi
Orders will divert to India because of the competition between the US and China. Maybe the apparel exports industry will come back to 10-30% growth. Price of raw materials and labour is increasing day by day and it is one of the biggest challenges for the industry right now. Active wear segment is witnessing good growth from India as the demand for the same has been increasing over the last few years. Countries like Israel, I think are opening doors to India for new business ventures.
We mainly deals in blouses, jackets, ladies wear, scarves, tunics, knitwear, sweat shirts and many such products.