Weak European Demand In The US &Nbsp; India Garment Exporters Look For New Markets.
Traditional market demand in the US and Europe
Weak from fatigue
After that, India clothing exporters are now looking for new destinations.
In recent months, India clothing manufacturers seem to be walking on the wire because of the rising price of cotton yarn and the weakness of the US and Europe.
The price of cotton fell from 62000 rupees /candy (356 kilograms) to 34000 rupees /candy, and the clothing factory finally breathed a sigh of relief.
However, as the demand for clothing in developed countries is decreasing, business growth is increasing.
Gloomy prospect
。
According to PremalUdani, President of the garment export promotion association (AEPC), the next 4-6 months will be a critical period. We are evaluating the trade prospects of Japan, Russia and South America.
After signing the free trade agreement with Japan, India's export enterprises can do better.
Contact
Japanese buyers.
The existing suppliers from China may constitute India.
threaten
But we hope to replace them.
The abolition of the market's key product plan also dealt a heavy blow to exporters. Under this plan, exporters who do business in Europe and the United States get 2% incentives.
Interest subsidy
And interest rates range from 7-7.5% to 11-11.5%.
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