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Indian apparel sector must seize opportunities created by global trends, says expert

Himanshu Vatsa | The Dollar Business Setting up apparel manufacturing hubs at strategic locations and enhancing capability to produce man-made textile products can help Indian apparel industry to stand ahead in the global market, said an expert. According to the market analysis by Technopak (A fashion and apparel consulting firm), the Indian apparel industry should focus on the current trends in the global fashion industry and develop capabilities to leverage opportunities created by global trends. “Improving economic outlook of the USA and European Union is expected to provide boost to India’s apparel exports as these two destinations contribute more than 60% to India’s apparel exports. In addition to this, a part of apparel production of China is expected to shift to ...