In the throes of two wars - Conflict in Iraq and the fight against SARS - Interstoff Asia went without a hitch although, understandably, attendance was affected , with a 25 per cent drop against last spring's show. Interstoff Asia welcomed 7000 visitors to the spring event, held from 25-27 march, and they weren't disappointed because of the 266 exhibitors promised, only seven from Thailand and one from Taiwan decided not to take the risk of attending. An extensive programme of seminars, product presentations plus trend forum all added up to a strong show, which attracted buyers from international brands…
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Written By Devangshu Dutta A Different Scale It is a fact that, even with over US$ 6 billion (around Rs. 30,000 crores) of exports and around US$ 8 billion (more than Rs. 40,000 crores) of domestic market volumes, the ready-to-wear apparel industry in India is dominated by small-scale companies. Due to various policies, business environment and various other factors, Indian industry has grown up as a fragmented industry. This has resulted a vast difference in the size of the Indian companies and the size of the international companies they serve – a difference that means that an average international customer…
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In Europe as also in the West, the two textile giants, India and China, are often referred to as the elephant and the dragon respectively - India is, usually, the heavier, slower but a more patient elephant while China is portrayed as the faster, fire-breathing and market-usurping dragon which can occasionally run into problems because of its inability to cope with smaller details. China may have emerged as the textile and apparel superpower because of its low-cost mass production capability. Nevertheless, India has been the quiet player which has been working backstage and making inroads into the global markets. India…
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Despite its disadvantages ( outlined in Insight into India: part I ), India presents several opportunities as well. Opportunities for sourcing companies As India's basket of production increases, retailers, brands and importers can explore specific opportunities suited to their business. A single-point of advice to them would be to "go beyond the obvious." Whether you have sourced from India previously or not, do not be limited to your past image of what the Indian supply base can produce. Prompt your suppliers to show you something new in terms of product type, fabric developments etc during each meeting. The structure of…
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