India'S Clothing Prices Rose Sharply During The 2011 Holidays.

Giarat Bong clothing A senior official of GGMA, a manufacturer's Association, said that during the three days of the eighteenth GGMA national clothing fair, clothing prices could increase by 40% during the 2011 fasting Festival Navratri and Diwali Divali. The eighteenth GGMA national clothing fair ended in July 25th.

Recently, the government has imposed a 10% consumption tax, raising labor costs by about 15%, and increasing the cost of raw materials. All these increased costs are expected to be passed on to consumers during the holiday season.

However, he is optimistic that the slowdown in the global economy will not affect garment producers in Gujarat.

"Clothing is one of the basic needs of people, with an annual growth rate of 20% or more. Clothing production enterprise The order in hand has been scheduled for November 2011. Therefore, although supply is somewhat restricted, demand is still active, "he said.

He said that because of adequate supply and administrative and business costs are under control, clothing manufacturers and retailers may offer attractive plans to consumers ahead of time.

However, for Retailer In 2011, it is hard to put forward plans to attract consumers. Even if such a plan is put forward, the final price will be very high.