Contact us on +022 2419 3000 or indiantextilejournal.com.

Indian Textile Exporters Losing Biz to Neighbours

May 27, 2021
Indian Textile Exporters Losing Biz to Neighbours

Noida, Uttar Pradesh

Garment exporters in Noida and Greater Noida, with 3,000 garment manufacturing units, have been severely affected by the COVID-19 induced economic crisis. Reportedly, these units are losing around 20% of business orders to neighbouring countries of Bangladesh, Sri Lanka and Vietnam.

The Noida Apparel Export Cluster (NAEC) has claimed that factories are left with just 40-50% workers after migrant workers left the city. Some apparel manufacturers are making PPE kits for survival but would not sustain for long without international orders.

Lalit Thukral, President, NAEC said that the revival of the western market has increased demand for readymade garments and other garment manufacturing Asian countries are not as badly affected like India and hence gaining more orders that are being diverted from here. He said that India is losing out because the international buyers are concerned if the garment exporters will be able to deliver and also expressed concern about losing business right now which will have long term damage.

The NAEC President mentioned that they have organised their oxygen bank, distributed oxygen concentrators and have also arranged isolation wards and oxygen beds at factories. He added that a facility has also been created for COVID-affected workers to borrow concentrators. He urged the government to make vaccines available to workers as an encouragement to get them back to work.

Source – The Times of India

Image Source: Unsplash 

Also Read:

https://indiantextilejournal.com/latest-textile-industry-news/soaring-raw-material-prices-hurt-noida-s-garment-sector

https://indiantextilejournal.com/latest-textile-industry-news/200-acre-textile-park-to-come-up-at-greater-noida

 

 

Enquiry