India's Textile and Apparel Industry: Opportunities for Sourcing and Collaboration

摘要

India supplies over US$13 bn worth of textiles and apparel to the world's markets. And exports are growing rapidly as more and more buyers around the world turn to India as an alternative to China. In 2005 - spurred by the global elimination of quotas - shipments to the EU soared by 30% and those to the USA shot up by 34%. These increases are remarkable, given that EU Imports from all sources rose by only 8% while US import growth was just 6%.