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Sharp Drop In Export Orders In India Textile Industry

2011/12/21 10:41:00 7

Textile Export Orders

In the past two months, apart from a few

Exit

Outside the company, the European and American orders for Christmas did not make India textile exporters welcome the festive atmosphere of the festival. They are now looking forward to the Spring Festival next year, hoping to keep the clouds open and harvest more exports next spring.

Order

。


India exporters received the last batch of Christmas orders in the first week of November, and the data are still being sorted out.

A big clothing exporter, Gokaldas export company consultant Rajendra Hinduja, said this is India.

textile industry

For the first time, there are so few Christmas orders.

Nearly 85% of Gokaldas export products are used for export, and orders are down 5% compared with the same period last year.


Affected by the European debt crisis, exports of India's textile and clothing products to the European market have been hit hard.

An industry source said that the current number of large retailers in Europe increased, but smaller buyers were only in a state of survival.

At present, the largest number of purchasers in the middle scale are suppliers from India, but they are most seriously affected.


Clothing exporters in India say that because of the financial crisis in the two pillar markets in Europe and the United States, demand is not as good as last year, but suppliers of fabrics and home textiles indicate that the demand is good.


In order to ease the pressure on the external market, exporters are also striving to improve domestic market share.

Some large exporters in India, including Gokaldas, began to shift their focus to the domestic market.

A year ago, nearly 90% of the company's products were used for export, and now it is reduced to 85%.

A company official said that the company's goal is to reduce exports to 80%, and pfer surplus products to the domestic market.

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