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    India Has A Huge Market For Infant Care Products And Clothing.

    2014/9/9 16:19:00 27

    IndiaInfant Care ProductsClothing Market

      

    India

    The baby products market mainly includes clothing, infant beauty products, food, feeding accessories, diapers and toys, usually in small and medium streets.

    Retail store

    You can buy it.

    Many businesses are investing in manufacturing and selling quality infant and child care products and services. This is becoming increasingly important in India and around the world, and allows the international community to develop rapidly and provide more competitive innovative products.

    According to research and consulting company

    RNCOS

    It is pointed out that the market for baby and child care products in India, including clothing, footwear, toys and infant beauty products, is growing at the same time as retailers. It is estimated that from 2012 to 2017, there will be a compound annual growth rate of 17% per year. The market size is expected to grow from US $11 billion 800 million in 2012 to US $26 billion 200 million in 2017.

    Related links:

    The United States gives Nicaragua textile operators preferential treatment of TPL Tariff Preference Level annually, which will expire at the end of 2014. Although the United States Congress is still in the pending trial for extending the TPL case, it is analyzed that the case is bound to not be considered before December 31st, due to the fact that there are too many issues and major issues in the US.

    Nicaragua businessmen and related associations are worried that the textile industry will face a negative impact.

    According to Dean Garcia, executive director of Nicaragua textile and Garment Industry Association (Anitec), Nicaragua textile duty free export quota (TPL) can not be successfully extended if it expires at the end of 2014. In 2015, the textile factory that has invested in factories in Nicaragua will not be able to enjoy cheap raw materials imported from other countries, and the sale of finished products from Nicaragua factory to the United States will result in the unemployment of 10 thousand to 15 thousand textile workers in the processing area.

    Agri (Jose Adan Aguerri), chairman of the Supreme Council of Nicaragua private enterprises (COSEP), advocated that the textile industry, workers and government units should jointly work out countermeasures to minimize the impact of the textile industry.

    The Council pointed out that at present, the total number of employees in the processing export area is 108000, of which 71000 of the workers in the textile and garment factories are 71000. In the future, the allowance for textiles exemption from the US quota (TPL) will be estimated to cause 10 thousand to 15 thousand workers in the processing area textile industry to lose their jobs.

    The textile garment guild believes that if the next 6 to 12 months, the United States Congress can make a resolution on the TPL case, by 2016, the unemployed people who have suffered the impact will be expected to return to their jobs.

    At present, 30% of the textile producers who make international famous brand garments in Nicaragua have TPL discount. If some garments are purchased from Costa Rica, which belongs to the United States and the Central American and Dominica free trade agreement (CAFTA) member countries, the duty-free export to the United States will not be affected.

    However, whether the textile operators who invest in Nicaragua can still maintain their operations, remain in Nicaragua or move to other factories after the expiration of the TPL, which will expire at the end of 2014, will be an important factor that will affect Nicaragua's future economic development.

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