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Indian garment sector hopeful of staging comeback despite stiff competition abroad


Indian garment sector hopeful of staging comeback despite stiff competition abroad
PTI
Coimbatore: With COVID-19 making the year 2020 a year of learning and turbulence, the textile and apparel sector is confident of achieving the much-needed growth in 2021.
The sector can make 2021 a year of progress by focusing on USA for apparels, as the textile industry had benefited from the volumes in the market in the first 10 months of 2020, Indian Texpreneurs Federation (ITF) convenor Prabhu Dhamodharan said Saturday.
“Now, it’s time to step up the efforts to repeat the same success in the US market for our apparel products,” he said. ....

United States , Prabhu Dhamodharan , European Union , Indian Texpreneurs Federation , Free Trade Agreement , Emergency Credit Line Guaranteed Scheme , Apparel Sector , ஒன்றுபட்டது மாநிலங்களில் , பிரபு தாமோதரன் , ஐரோப்பிய தொழிற்சங்கம் , அவசரம் கடன் வரி உத்தரவாதம் திட்டம் , ஆடை துறை ,

Garment sector hopeful of achieving growth in 2021, says industry body


With COVID-19 making the year 2020 a year of learning and turbulence, the textile and apparel sector is confident of achieving the much needed growth in 2021.
The sector can make 2021 a year of progress by focusing on USA for apparels, as the textile industry had benefited from the volumes in the market in the first 10 months of 2020, Indian Texpreneurs Federation (ITF) convenor Prabhu Dhamodharan said on Saturday.
Now, its time to step up the efforts to repeat the same success in the US market for our apparel products, he said.
Vietnams Free Trade Agreement (FTA) with the European Union would intensify competition for India, and at the same time a level-playing field with top competing nations for the US market in terms of duty combined with quick economic recovery make a compelling case for Indian apparel sector for immediate growth, he said. ....

United States , Prabhu Dhamodharan , European Union , Indian Texpreneurs Federation , Free Trade Agreement , Emergency Credit Line Guaranteed Scheme , Apparel Sector , Garment Sector , Textile Sector , Garment Sector Hopeful Of Achieving Growth In 2021 , Says Industry Body , ஒன்றுபட்டது மாநிலங்களில் , பிரபு தாமோதரன் , ஐரோப்பிய தொழிற்சங்கம் , அவசரம் கடன் வரி உத்தரவாதம் திட்டம் , ஆடை துறை , ஜவுளி துறை , ஆடை துறை நம்பிக்கை ஆஃப் அடைதல் வளர்ச்சி இல் , என்கிறார் தொழில் உடல் ,