INDIA: Apparel Industry May Be Forced To Restructure

The Indian apparel industry would be forced to restructure if it is seeking to successfully compete with China after 2004 when the quotas are removed as mandated by the WTO, textile industry experts have said.

Experts participating at a conference here organised by the Pearl Academy of Fashion under the aegis of Garment Techno Forum 2003, said that China’s share in the global textile trade has jumped from 4 per cent to 13 per cent in the last two decades, while India’s share has grown from 2 per cent to just 4 per cent.

In addition, China’s share of the top 10 non-quota countries’ apparel imports is 38 per cent as compared to India’s share of 1.6 per cent.

The shares of China and India in the top 10 quota countries are 11.3 per cent and 3.2 per cent, respectively.

Those who participated in the conference were: Mr Pavan Kapoor, Technical Director of Indian Institute of Garment Management (IIGM) Bangalore, Prof Subhash Anand, Bolton, UK, Mr Bob Vallender of Gerber Technology USA and Dr George B. Asaf, Unido Representative and Regional Director for South Asia. –Agencies.

February 15, 2003

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Added: February 15, 2003
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