Enhancement Of India'S Knitting Industry'S International Competitiveness

< p > India has been "a" href= "http://www.91se91.com/" target= "_blank" > textile > /a > a href= "http://www.91se91.com/" target= "http://www.91se91.com/". "Clothing < < > has strong competitiveness in the field of weaving. A recent report by research consultants pointed out that India knitted products will show a two digit growth trend in the future, and the industry will play a more important role in India textile and garment industry.

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< p > in the past year, the knitting industry in India has grown strongly.

Research consultant Wisedge pointed out that in 2012, knitted apparel accounted for 50% of the domestic clothing market in India, accounting for 45% of India's export garments.

Globally, the trade in knitwear is superior to that in non-woven fabrics, and the demand for knitted garments is growing significantly.

During the period 2005~2011, the annual compound growth rate of knitted apparel output reached 7%, and is expected to grow faster in the coming years.

The same is true in India. The annual compound growth rate of knitted garments is expected to reach 9%~10%.

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< p > traditional, < a href= "http://www.91se91.com/news/index_p.asp" > India < /a > textile and garment industry has been based on non-woven fabrics, but the change of consumer preferences boosted the rapid development of India knitted apparel.

Hues, director of Rupesh Puri, said: "in the past, it was difficult to find clothes suitable for consumers aged 40 or so in India, and now this situation has changed a lot.

Middle aged consumers are accustomed to spending 800 rupees (86 yuan) to buy a T-shirt instead of 1200 rupees (equivalent to 130 yuan) to buy a shirt.

In fact, T-shirts are also more suitable for India's climate characteristics.

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< p > however, in the process of rapid development of knitting industry in India, a series of restrictive factors still need to be faced.

Among them, the rising price of cotton and yarn is the most difficult problem, and competition with global brands is also a major challenge.

Davinder, a brand partner of Granzstein & Gavio, said the fact that the development of international brands in India market is unavoidable, but the higher price makes them have no advantage.

Consumers in India prefer cheaper knitted products.

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< p > the development trend of India knitting industry is that the production area is more dispersed. It once concentrated on the knitting industry of Rupp and Ludhiana. Now it is fully covered in India.

Rajasthan, Gujarat Bong and Bangalore have established more and more knitting enterprises.

But it is undeniable that at present, India T-shirt manufacturers are still a minority, because this industry needs more investment than other subdivision departments, and infrastructure construction is complex and complex, so this kind of investment risk is higher.

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In recent years, the competition between Bangladesh's knitting industry and India has intensified. The India industry believes that Bangladesh's dominance in market share is mainly due to the fact that the cost of production in Bangladesh is lower than in India, such as wage costs.

The industry has the ability to offer cheaper products.

Chopra, general manager of Raves, believes that these effects are short-lived. "Some big brands try to outsource production in Bangladesh.

However, because of the huge cost of logistics, they did not get real benefits.

Moreover, on the basis of India a href= "http://www.91se91.com/" target= "_blank" > brand clothing < /a > cancellation of consumption tax, India's knitted products are more competitive, and will play a positive role in promoting the development of the industry.

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< p > India insiders pointed out that regardless of the "a href=" http://www.91se91.com/news/index_s.asp "market" /a "competition will show what trend, in the next few years, India knitting industry must begin to enhance competitiveness.

Ashish, head of marketing at Wisedge, points out that the innovation of finishing technology will be the key for India knitting industry to be competitive and enhance the added value of products.

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