Seeing the low penetration and high growth potential, Taiwanese companies are eagerly looking at the Indian market for technical textile products. Rising labour costs in China too is forcing some of these companies to consider manufacturing in India.
Browsing: Labour Cost
The Indian apparel industry has grown up in past few years but at the same time it is facing stiff competition from the countries where labour rate is lower, which is making its survival a bit tougher.
As the 5-day Shanghai show opens its doors on June 16, 2014, China's supremacy in textiles and clothing stays unchallenged despite a few threats looming large. Samuel Joseph reports.