Puneet Bhar­gava, Bhrigu In­ter­na­tional , Ra­jasthan

Perfect Sourcing - - Cover Story -

I think that this trade war be­tween the US and China would im­pact In­dia’s ap­parel sec­tor as the busi­ness money from China will direct to­wards In­dia if not the US. The ap­parel ex­port in­dus­try should also come back to its growth path as the western buy­ers are look­ing for a lot of di­ver­sity and In­dia is of­fer­ing the same. In­dia al­though should cap­i­tal­ize and match up to China’s cost struc­ture as well.

The big­gest chal­lenge for the in­dus­try right now is that there is un­healthy and un­fair com­pe­ti­tion from China though the de­mand is good. As far as loop­holes is con­cerned the Gov­ern­ment should re­duce the tax re­cently levied on the im­ported goods. Re­gard­ing the sourc­ing, it will be a bit higher as peo­ple will be look­ing at other ven­dors for new busi­ness op­por­tu­ni­ties.

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