Finance & Economy | News & Insights

Shifting of global sourcing from China to India amidst the standoff

Published: September 12, 2020
Author: santosh17dec

The COVID-19 has hit the global economy very hard and even many supply chains have been disrupted. However amidst this crisis there might be certain hope for the Indian textile and apparel chains. In recent time there had seen a shift in the global sourcing from China to India

According to Raja Shanmugham, Chairman, Warsaw International, Tirupur, they have received a huge order from Marc O’Polo, one of the major German leisurewear brand.  He also stated the same order had been shipped from competitors in China over the years. It is one of the major news for not only Warsaw International but also Indian apparel industry.

Another renowned kidswear brand Carter’s has asked SP Apparels, one of its vendors to develop special MMF-based fabric as it is planning to shift its production from China to India. Even sensing this shift AEPC has started negotiating with Korean and Taiwanese firms and taking measures for grabbing this opportunity.

by Sayak Nandi

Information Links: https://in.apparelresources.com/business-news/manufacturing/apparel-sourcing-shifting-india-china/

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