Industry Experts12 Sep, 2022Business
A couple of the latest developments augur well for the clothing manufacturing industry in India and the contract manufacturing business in general. China plus one strategy is again gaining momentum, and textile giants like Arvind Ltd. are trying to cash in on the cotton textile manufacturing front The Indian textile and apparel industry contributes around 5% to the national GDP and is the second largest employment generator after agriculture. India is also the sixth largest exporter of textile and apparel in the world, with the industry recording about $44.4 billion in exports in 2021-22. India continues to be a major global sourcing hub for clothing contract manufacturing. Contact Industry Experts for end-to-end guidance for all your sourcing needs.
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