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A Comprehensive Guide to Garment Exports from India in 2024
India has long been a key player in the global garment industry, with the country’s textile and apparel exports making significant contributions to its economy. In 2024, garment exports from India continue to rise, driven by increasing demand from international markets and the country’s competitive advantages in textiles. This article explores the factors behind this growth, the top garment exporters, India’s position in the global market, and provides insights into garment export data for 2024.
Garment Exporters in India: Leading the Charge
Garment exporters in India have played a crucial role in establishing the country as a leading player in the global apparel market. By leveraging India's competitive advantages such as affordable labor and a vast textile base, these exporters have consistently offered high-quality products at competitive prices. They have also invested in modern manufacturing facilities and embraced sustainable practices to cater to the evolving demands of global consumers. Their commitment to quality, innovation, and sustainability has significantly contributed to the success of India's garment export industry.
A key strategy employed by Indian garment exporters to remain competitive is product diversification. By offering a wide array of garments, from traditional attire to modern fashion and specialized clothing, they cater to diverse consumer preferences across the globe. Additionally, many Indian exporters focus on customization and personalized services, meeting the specific needs of international buyers. Their adoption of sustainable and ethical practices, along with the use of eco-friendly materials and fair labor standards, has enhanced their global reputation, attracting environmentally conscious consumers. Technological innovation, such as automation and digital design tools, further improves production efficiency and product quality, ensuring Indian garment exporters continue to thrive in the global marketplace.
Why Exporting Garments from India is Increasing?
The growth of exporting garments from India can be attributed to several key factors:
Diverse Product Range: India offers a wide range of garments, from traditional ethnic wear to modern fashion apparel. This diversity caters to various market needs across the world, making India a versatile exporter.
Cost-Effective Labor: One of India’s competitive advantages lies in its cost-effective labor force, allowing garment manufacturers to produce high-quality apparel at lower costs compared to many other countries.
Government Support: The Indian government has introduced various initiatives to promote the textile and garment industry. Schemes like the Production Linked Incentive (PLI) scheme and rebates on state and central taxes for exporters have further boosted garment exports from India.
Sustainability Initiatives: In recent years, sustainability has become a critical factor in the garment industry. Indian manufacturers are increasingly adopting eco-friendly practices, which appeal to global buyers looking for ethical and sustainable products.
Improved Infrastructure: Over the last decade, India has made significant improvements in its manufacturing and export infrastructure, which has reduced lead times and improved the overall efficiency of the garment export industry.
Global Demand Shift: With China’s focus shifting to high-tech industries, many global buyers are looking for alternative garment suppliers. India, with its large production base and skilled workforce, is emerging as a preferred destination for international buyers.
Top 10 Garment Exporting Countries in the World
Before delving into India’s position in the garment export industry, it’s essential to look at the top 10 garment exporting countries in the world in 2024:
China
Bangladesh
Vietnam
India
Turkey
Indonesia
Cambodia
Italy
Germany
Pakistan
India holds the fourth position globally, with its garment export industry contributing significantly to its foreign exchange reserves. The country’s garment industry is on an upward trajectory, with continuous improvements in quality, innovation, and sustainability.
Top 10 Garment Export Companies in India
India is home to numerous garment manufacturers and exporters, many of which have gained international recognition for their product quality and reliability. Below is a list of the top 10 garment export company in India in 2024:
Shahi Exports Pvt. Ltd. India's largest garment exporter, Shahi Exports, has a strong presence in global markets and a reputation for high-quality products.
Raymond Ltd. Known for its premium apparel, Raymond is a significant player in India’s textile and garment export market.
Arvind Limited A leading textile company, Arvind exports garments to several countries, focusing on high-end apparel.
Gokaldas Exports A well-established garment exporter, Gokaldas has built a strong global client base over the years.
Welspun India Specializing in home textiles, Welspun also has a strong portfolio of garment exports.
Aditya Birla Fashion and Retail Ltd. Part of the Aditya Birla Group, this company exports a range of garments, including fashion apparel and casual wear.
Rupa & Co. Ltd. Known for its innerwear, Rupa has a growing export market for its diverse garment offerings.
Pioneer Embroideries Ltd. With a strong foothold in the embroidered garment segment, Pioneer exports garments to markets worldwide.
Indian Terrain Fashions Ltd. A key player in men’s casual wear, Indian Terrain has made significant inroads into global markets.
Monte Carlo Fashions Ltd. Known for its winter wear, Monte Carlo exports a range of garments to several countries.
These companies represent India’s best in the garment export industry, combining innovation, quality, and global appeal to make a mark in international markets.
Who is India’s Largest Garment Exporter?
As of 2024, Shahi Exports Pvt. Ltd. holds the title of India's largest garment exporter. The company operates several manufacturing units across India and exports garments to major markets like the USA, Europe, and the Middle East. With a strong focus on sustainability and quality, Shahi Exports has solidified its position as a leader in the Indian garment export industry.
Garment Export Data for 2024
According to recent garment export data, India’s apparel exports have seen steady growth, with the total export value reaching approximately USD 18 billion in 2024. The major export destinations for Indian garments include the USA, the European Union, the United Arab Emirates, and the UK. Key trends from the export data include:
Increased Demand in the US and EU: The US and European Union remain the largest importers of Indian garments, with demand for both fashion and casual wear growing steadily.
Emerging Markets: Countries in Africa, South America, and Southeast Asia are emerging as new markets for Indian garments, particularly for affordable and durable clothing.
Sustainability Focus: Export data indicates that there is a rising demand for sustainable and eco-friendly garments from India, with buyers increasingly prioritizing ethically sourced materials and production processes.
Online Sales Channels: With the rise of e-commerce, many garment exporters in India are expanding their presence on online platforms, enabling them to reach global consumers more efficiently.
Challenges and Opportunities
While garment exports from India continue to grow, the industry also faces several challenges:
Competition: India faces stiff competition from countries like Bangladesh and Vietnam, which offer lower labor costs and shorter lead times.
Trade Barriers: Tariff and non-tariff barriers imposed by importing countries can impact India’s garment exports.
Sustainability Costs: While sustainability is a growing trend, the costs associated with eco-friendly manufacturing processes can be high, affecting profitability for some exporters.
However, the industry is also brimming with opportunities:
Government Support: Continued support from the government, including export incentives, tax rebates, and infrastructure development, is expected to boost the industry further.
Innovation and Technology: Investments in technology, such as automation and advanced manufacturing techniques, are helping Indian garment manufacturers enhance efficiency and reduce costs.
Conclusion
In 2024, garment exports from India continue to thrive, with several top companies leading the way in global markets. With its diverse product range, cost-effective production, and growing focus on sustainability, India is well-positioned to maintain its strong presence in the international garment industry. By leveraging its strengths and addressing challenges, India’s garment export industry is poised for even greater success in the coming years. However, if you need garment export data, garment HS code, connect with ExportImportData.in.
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Lululemon
Worker Wage - ★★☆☆☆
Based on the available information, we have found that Lululemon salaries in the US range from $8-$24.15, which is 9% below the national average. While Lululemon does not publish information on the wages of garment workers, outside sources state that the factory workers, who produce Lululemon’s garments, claim to be paid $110 a month in Bangladesh.
Working Conditions - ★☆☆☆☆
Their clothing is produced in Canada, the US, Peru, China, Bangladesh, Indonesia, India, Israel, Taiwan, South Korea, Malaysia, Cambodia, Sri Lanka, Vietnam, and Switzerland. Lululemon’s outsourced labor has raised questions in the past as to the treatment of the garment workers. In an investigation conducted by The Guardian, the workers claim to have been physically assaulted, verbally abused, and forced to work overtime, while making significantly less than the living wage.
Sustainable Materials - ★★☆☆☆
Lululemon says they aim to source more sustainable raw materials and fibers including recycled and renewable and recycled polyester and nylon. They aim to achieve at least 75% sustainable materials by 2025. Currently, they use low quantities of cotton and recycled materials. According to changingmarkets.org, Lululemon uses 23,390 tonnes of synthetics and 62% synthetic fibers in the production of their garments.
Environmental Impact - ★★★☆☆
On Lululemon’s website, they stress the company's aim towards reducing their carbon footprint by “eliminating waste and closed-loop innovation, making progress toward clean water and better chemistry”. Their website also stresses their goals such as reducing 60% of emissions in all owned and operated facilities and across their global supply chain. They intend to progress toward their goal by sourcing renewable energy, partnering with their manufacturers, and sourcing more raw sustainable materials. They have also joined THE CLIMATE GROUP’S RE100, signed the UN Fashion Industry Charter for Climate Action. There is no evidence of Lululemon reducing their carbon emissions during the logistics stage of exportation.
Social Impact - ★★★☆☆
In 2022, Lululemon announced they would be donating $75.3 million to the BC Parks Foundation to support environmental preservation and habitat conservation efforts in British Columbia.
Inclusivity - ★★☆☆☆
Sizes at Lululemon range from XS-XXL, and model diversity does not reflect diverse sizing. Prices tend to be on the higher end.
Sources:
https://shop.lululemon.com/
#lululemon#sustainability#fashion#2 star worker wage#1 star working conditions#2 star sustainable materials#3 star environmental impact#3 star social impact#2 star inclusivity
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UNDERSTANDING FASHION
Designing, making, and distributing clothing in an ethical manner minimizes the harm done to people and the environment. In a perfect world, it benefits people who work in the supply chain and improves everyone's future, not just that of the wealthy few.
Although the term "ethics" in this context is ambiguous, ethical fashion is concerned with societal impact and the principles that underlie a brand's label. The recently invented expression is regarded as the antithesis of quick fashion. Consumers typically use the term "ethical fashion" to refer to a movement against an industry that is infamous for underpaying workers—and doing so in hazardous conditions.
Questions like "Who created this garment?" and "Is that individual getting a reasonable living wage?" are addressed by ethical fashion. It is, however, much more than that.
Of course, proponents of ethical fashion are hoping for the first scenario, but it may also rely on how rapidly genuine ethical firms can communicate with customers clearly. Consumers frequently become confused and easily susceptible to greenwashing without clear information from fashion companies about how, where, and by whom clothing is made. They may also incorrectly interpret a brand's specific ethics. The best approach for brands to help clear up misunderstanding is through certifications, in-depth reports, and honest responses to consumer questions.
fashion made by hand looms
The foundation of Indian heritage is culture, craft, and textiles. In actuality, India is the world's second-largest exporter of textiles. A nation that has created khadi, ikats, jamdani, Venkatgiri, Chanderi, Kanjeevarams, and so many other types of textiles may confidently assert its self-sufficiency in this area. The Swadeshi Movement, which was started on this day in 1905 in the Calcutta Town Hall to protest against the British Government's division of Bengal, was recognised on August 7 as National Handloom Day.
The power loom is an automated loom that weaves fabric, whereas the hand loom is a manually operated machine for weaving cloth. The textile industry embraced the power loom as a result of the development of technology and machines for more rapid and efficient manufacturing. In exchange, the handloom sector suffered. But recently, with all the buzz about slow-fashion, celebrities and actors have been promoting handloom materials in the fashion industry.
KHADI
Khadi is no longer only a simple, uninteresting alternative; it is now a sustainable and timeless addition to your wardrobe. The khadi has received a fun makeover as a result of the just concluded Lakme Fashion Week highlighting sustainable fashion. You can rely on designers like Abu Jani, Rohit Bal, and Sandeep Koshla to bring grandeur and beauty to our nation's traditional fabric while adding cutting-edge modern twists. Khadi has an enduringly regal appeal, whether it's in the form of lehengas, golden skirts, or billowing gold Anarkalis paired with palazzos. Therefore, if you don't already have this noble cloth in your closet, it's time to buy some.
Here are some styling suggestions for handloom that were inspired by our own local celebrities to seem modern and chic.
Ensure simplicity. Because of the unique beauty and charm of handloom fabrics, it is preferable to play down the outfit. To add some personality to your look, add some statement earrings or a bold lip colour.
Layering with handloom fabrics is a terrific idea, first for their light weight and second for the muted colours they come in.
Play with the shapes; go boxy with loose-fitting kurtis, dresses, or tops.
ACCESSORIES
There are many possibilities available on the market for ethnic jewellery. Wear your handcrafted kurtas with delicate silver jewellery, tribal jewellery, or even the perennially fashionable hoop earrings in a circle shape. Even better, you may accessories them with beads, chaandbalis, or vibrant tassels. Only choose accessories that go with the outfit you are wearing.
You can wear light jhumkas during the day, but you should save your shoulder-grazing hoops and crystal shards for evening wear. Try out slides, mules, jutties, or platforms for your shoes. Try experimenting with geometry and shapes in bags, such as an arc sling or a cube box bag, for your arm candy.
PREDICTING TRENDS
Predicting a market's future is the focus of the field of trend forecasting. Every industry employs trend analysts who use information from previous sales to predict opportunities in the future. Thus, the area of the fashion industry known as fashion forecasting is concerned with foreseeing new fashion trends, including colours, styling techniques, fabric textures, and more, that will pique customer demand. Product developers use the trend forecasts that fashion forecasters publish to build new apparel and accessories for brands.
OVER TIME
Macro trends, which are significant changes in fashion that will be important for longer than two years, are what long-term forecasting is all about. The broad trends that shape the fashion industry include shifts in lifestyle, demographics, and the method that clothing is produced and distributed.
LIMITED TIME
Micro trends have to deal with short-term forecasting. Season to season, short-term projections vary and are often influenced by color, style, pop culture, and current events.
Forecasting Trends for Fashion Brands
Every brand has a different method for predicting trends. Because womenswear firms typically release more collections per year than masculine brands, they frequently invest more in micro trend monitoring. The size of the business and its target market can affect forecasting, but there are a number of trustworthy techniques that brands can use to predict trends.
Employing internal trend forecasters Large fast-fashion companies frequently have internal trend predicting capabilities because of their vertical integration. In order to design new items, this enables the fashion forecasters to collaborate directly with product development teams.
With a trend forecasting agency: Bigger brands without vertical integration frequently seek out the knowledge of trend forecasting agencies, which charge a fee for their trend research reports.
By attending fashion shows: Prior to the development of the Internet, trend forecasters conducted the majority of their research at fashion shows, where they took note of the most promising looks. They then forwarded this information to product developers at chain stores and fashion publications like Vogue. This type of forecasting, known as "top-down" forecasting, is based on how trends in fashion spread from high-end runways to department stores
By paying attention to influencers: In the modern world, trend forecasters are more likely to consult blogs, street style, and influencers for the most recent trends. This type of forecasting, known as "bottom-up" forecasting, entails attentively watching a target market to forecast demand for emerging trends.
By observing other sectors: Small independent fashion designers might forego trend spotting altogether and instead create mood boards based on literature, cinema, and the outdoors to inform their distinctive collections.
To predict the future of fashion, the majority of trend forecasters combine "top-down" and "bottom-up" forecasting techniques with in-depth knowledge of the fashion industry and personal intuition.
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In the financial year 2023, Bangladesh maintained its position as the second-largest global exporter of ready-made garments (RMG), securing an 8.5% share of the market, second only to China's dominant lead. India, by contrast, ranked seventh with a 3-4% share. This disparity highlights significant structural and competitive differences between the two South Asian economies in the RMG sector. Bangladesh's RMG exports, valued at approximately $40 billion annually, are a cornerstone of its economy, contributing 84% of its total export earnings. This success is attributed to its cost-effective labor, well-established production infrastructure, and strong relationships with global brands. Furthermore, government support through favorable policies and infrastructure investments, such as economic zones, has bolstered the industry's growthIndia, while diversifying its product offerings and expanding its manufacturing base, lags behind due to challenges like higher production costs and inconsistent labor productivity. Indian RMG exports were valued at $16-18 billion in 2023. However, the country has been benefiting from disruptions in Bangladesh, such as political instability and rising production costs, which have led to a shift in global orders. Major Indian exporters, including Arvind Limited and Shahi Exports, have reported a 15-20% increase in demand from markets like the U.S. and Europe. Looking ahead, both countries face challenges like rising costs, global demand fluctuations, and the need for sustainable practices. Bangladesh's dominance reflects its established competitiveness, but India's gradual gains underscore its potential to capture more of the global market.
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In the financial year 2023, Bangladesh maintained its position as the second-largest global exporter of ready-made garments (RMG), securing an 8.5% share of the market, second only to China's dominant lead. India, by contrast, ranked seventh with a 3-4% share. This disparity highlights significant structural and competitive differences between the two South Asian economies in the RMG sector. Bangladesh's RMG exports, valued at approximately $40 billion annually, are a cornerstone of its economy, contributing 84% of its total export earnings. This success is attributed to its cost-effective labor, well-established production infrastructure, and strong relationships with global brands. Furthermore, government support through favorable policies and infrastructure investments, such as economic zones, has bolstered the industry's growthIndia, while diversifying its product offerings and expanding its manufacturing base, lags behind due to challenges like higher production costs and inconsistent labor productivity. Indian RMG exports were valued at $16-18 billion in 2023. However, the country has been benefiting from disruptions in Bangladesh, such as political instability and rising production costs, which have led to a shift in global orders. Major Indian exporters, including Arvind Limited and Shahi Exports, have reported a 15-20% increase in demand from markets like the U.S. and Europe. Looking ahead, both countries face challenges like rising costs, global demand fluctuations, and the need for sustainable practices. Bangladesh's dominance reflects its established competitiveness, but India's gradual gains underscore its potential to capture more of the global market.
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Bangladesh Surpasses India's RICHEST State in Wealth!
Let's take a moment to dive into a fascinating comparison between two regions that share cultural ties but stand apart economically: Bangladesh and West Bengal. Now, you might be thinking, "Why should I care about the economies of two places that seem so similar yet so different?" Well, the answer is simple. Understanding their economic profiles not only sheds light on their current situations but also highlights the impact of governance, policy decisions, and even geography on their growth trajectories. First, let's talk about size. Bangladesh, a sovereign nation, boasts a nominal GDP of about $465 billion, making it the 37th largest economy in the world. That's impressive, right? With a population of around 170 million, the GDP per capita stands at about $2,900. Now, compare that to West Bengal, a state within India, which has a nominal GDP of approximately $235 billion and a population of around 100 million, leading to a GDP per capita of about $1,760. So, while Bangladesh has the edge in overall economic size, West Bengal is no small player either, being the sixth largest state economy in India. What's driving this growth? For Bangladesh, it's all about textiles and garments-these sectors account for a staggering 85% of their export earnings. The country has experienced sustained growth rates of around 6-7% annually over the past decade. On the other hand, West Bengal is also on a growth path, with rates hovering around 7-8%. However, its economy is more diversified, heavily relying on agriculture, industries like tea and jute, and a growing services sector. It's a bit of a mixed bag, but the challenge lies in the fact that West Bengal is lagging in industrialization compared to other Indian states. Now, let's dig deeper into the industries and exports of these regions. Bangladesh is a global leader in textiles, which not only employs millions but also brings in about $55 billion in export earnings. In contrast, West Bengal's major exports include tea-think of the famous Darjeeling tea-jute, leather, and handicrafts. Kolkata serves as a regional trade hub, yet it doesn't quite match the export-driven dynamism of Bangladesh. When it comes to agriculture, both regions showcase their strengths. Bangladesh relies heavily on crops like rice, jute, and fish, but faces challenges from climate change and natural disasters like floods. West Bengal, blessed with fertile soil, produces rice, tea, jute, and potatoes. But even here, challenges abound, especially with political interference affecting industrial policy and economic growth.
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Textile Business Opportunities in India – Labisa
The Indian textile industry is a global powerhouse, deeply intertwined with the country's cultural and economic fabric. With a history stretching back thousands of years, it has evolved into one of the world's largest producers of textiles and garments. For bulk buyers, distributors, wholesalers, and stockists, textile business opportunities in India are vast and ever-expanding. From high-quality cotton and synthetic textiles to sustainable and technical fabrics, the market is brimming with possibilities.
In this blog, we’ll explore the dynamic aspects of India's textile sector, its growth drivers, and how Labisa can be your trusted partner in tapping into this lucrative market.
Overview of India's Textile Industry
India stands as one of the largest textile producers globally, contributing significantly to its GDP and exports. The textile sector spans traditional handlooms to cutting-edge technical textiles, offering a plethora of opportunities for textile business stakeholders.
The government’s push towards initiatives like "Make in India" and "Skill India" has further strengthened the industry. With diverse product offerings, robust infrastructure, and a growing domestic and international market, the sector is primed for growth.
Historical Significance
The Indian textile industry has roots in ancient times when India was known for its superior quality cotton and silk. Over the centuries, it became a hub for global trade. Today, India's artisans continue to craft exquisite handlooms while large-scale manufacturers like Labisa ensure efficient production for modern markets.
Current Market Scenario
India ranks among the top textile exporters globally, with a diverse portfolio ranging from raw materials to finished garments. The demand for textiles in international markets is booming, making India a preferred destination for textile suppliers. Domestically, factors like urbanization, rising incomes, and fashion consciousness fuel growth.
Government Initiatives Supporting Growth
To unlock the potential of textile business opportunities, the Indian government has introduced several schemes:
Production Linked Incentive (PLI) Scheme: Encourages investment in high-value products like man-made fabrics and technical textiles.
Textile Parks: Infrastructure developments to enhance manufacturing efficiency.
Export Incentives: Tax benefits and subsidies for exporters to strengthen global competitiveness.
These measures aim to make India a global hub for textile production.
Major Segments of the Textile Industry
The Indian textile market includes diverse categories:
Cotton and Natural Fibers: India is the world's largest producer of cotton, offering high-quality raw materials to bulk buyers.
Synthetic Textiles: Polyester and other man-made fibers dominate apparel and industrial uses.
Handlooms and Traditional Crafts: Unique offerings for niche markets and exporters.
Technical Textiles: Products like geotextiles, medical textiles, and more are gaining traction due to industrial demand.
Domestic Market Opportunities
India's domestic textile market is expanding rapidly. The rising demand for ethnic wear, sustainable clothing, and fast fashion has created abundant opportunities for wholesalers and distributors. The surge in e-commerce platforms has also made it easier for bulk buyers to source directly from large-scale textile manufacturers.
Export Opportunities
India's textile exports have grown significantly, making it a trusted name in international markets. Key export destinations include the USA, the European Union, and emerging economies. Products such as high-value fabrics, technical textiles, and readymade garments are particularly in demand.
Emerging Trends in the Textile Industry
The industry is undergoing a transformation, driven by trends like:
Sustainability: Eco-friendly and organic textiles are in high demand globally.
Smart Textiles: Innovative fabrics with embedded sensors for healthcare and fashion are on the rise.
Digitalization: Technologies like 3D printing and AI are revolutionizing production processes.
Challenges in the Textile Sector
Despite the immense potential, the textile sector faces challenges such as:
Intense competition from other manufacturing nations.
Fluctuations in raw material prices.
Environmental compliance and sustainability issues.
Labisa helps businesses navigate these challenges by offering high-quality products, competitive pricing, and sustainable manufacturing practices.
Key Hubs of Textile Production in India
India’s textile production is concentrated in regions like Gujarat, Tamil Nadu, Maharashtra, and West Bengal. These clusters boast world-class facilities, skilled labor, and accessibility to raw materials, making them ideal for textile suppliers to cater to global markets.
Role of SMEs in Strengthening the Industry
Small and Medium Enterprises (SMEs) play a pivotal role in the textile sector. They drive innovation, sustain traditional crafts, and provide employment to millions. Labisa collaborates with SMEs to create a cohesive ecosystem for growth.
Investment Potential in India's Textile Sector
India’s textile sector offers high investment potential. Bulk buyers, distributors, and wholesalers looking to establish long-term partnerships will find Labisa’s portfolio diverse and aligned with market trends. With its decades of experience, Labisa ensures quality, scalability, and competitive pricing for all your needs.
Collaborations and Future Outlook
With global demand on the rise, collaborations between Indian manufacturers and international brands are flourishing. Public-private partnerships are also creating avenues for innovation and capacity building. The future of India’s textile industry looks promising, with projections showing significant growth in exports and domestic consumption.
Why Choose Labisa for Your Textile Business?
At Labisa, we take pride in being a trusted partner for textile buyers worldwide. Since 1991, we’ve been a leading name in the industry, offering a wide range of textiles to meet every business need. From premium-quality cotton to innovative synthetic fabrics, our products are designed to match your expectations.
We specialize in bulk supply, ensuring timely deliveries and competitive pricing for distributors, wholesalers, and stockists. Whether you’re looking for traditional weaves or cutting-edge textiles, Labisa is your go-to textile supplier.
Contact Us Today!
Ready to explore textile business opportunities with Labisa? Let’s connect!
Contact Details: Afzal: +91 98929 39564 Labisa Sales: +91 81699 85975 Email: [email protected], [email protected] Address: Sion West, Dharavi, Mumbai, Mumbai 400017
Labisa is here to help your business thrive in the booming Indian textile market. Reach out to us today for all your bulk textile needs!
Conclusion
India’s textile industry offers unparalleled opportunities for bulk buyers, distributors, wholesalers, and stockists. With its rich history, innovative trends, and government support, the sector is poised for significant growth. Partnering with a reliable and experienced company like Labisa ensures you stay ahead in this competitive market.
Don’t miss out on the chance to tap into one of the world’s most dynamic textile markets. Contact Labisa today and take your business to new heights!
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Exploring Cotton Exports from India: A Profitable Opportunity in Global Trade
India has a rich tradition in textiles, particularly cotton, which forms the backbone of its industrial and agricultural sectors. Renowned for its superior quality and competitive pricing, Indian cotton is highly valued worldwide. This article delves into the key aspects of cotton exports from India, offering insights into its production, export trends, and strategies for success.
Why Cotton Exports Are Profitable in India
Cotton is one of India’s most important crops, cultivated extensively across the country. The nation’s cotton exports are valued at approximately $5 billion annually, demonstrating steady growth over the years. India's cotton production costs are significantly lower than those of other major producers, making Indian cotton highly competitive in the global market.
India accounted for over 10.2% of global raw cotton exports in 2020, making it the third-largest exporter globally. Its export revenue was $10.78 billion in 2021–22, reflecting its strong position in the market. However, this success requires ongoing research, quality assurance, and market analysis to maintain competitiveness.
Cotton Production in India
India leads the world in cotton production, cultivating the crop on 120.69 lakh hectares of land. Approximately 67% of this cultivation occurs on rain-fed land, with the remainder on irrigated land. Despite its vast production, India ranks 38th globally in productivity, with an average yield of 510 kg/ha.
The country primarily produces four species of cotton:
G. arboreum and Herbaceum (Asian cotton)
G. barbadense (Egyptian cotton)
G. hirsutum (American Upland cotton)
G. hirsutum forms the basis of India’s Bt cotton hybrids, contributing significantly to the country’s export potential. The major cotton-producing states include Gujarat, Maharashtra, Madhya Pradesh, Telangana, and Andhra Pradesh, collectively accounting for over 80% of India’s production.
Cotton Export Trends and Data
India's cotton exports are robust, with Bangladesh, China, and Vietnam being the top importers. As per cotton export data, first five months of the 2023–24 season, exports totaled 15 lakh bales, maintaining parity with the previous year. However, there has been a slight decline in overall export revenue, valued at approximately 877 billion INR in 2023.
Globally, the United States, Brazil, and Australia dominate the cotton export market, but India remains a key player due to its competitive pricing and high-quality fiber.
Leading Cotton Exporters in India
Several companies have established themselves as leaders in cotton exports from India. Notable names include:
SCM Garments Private Limited
Shahi Exports Private Limited
H.D. Textiles
Nandan Denim Limited
Trident Limited
These cotton exporters in India and others like Adinath Trading Company and Super Agri Export play a vital role in driving India’s cotton trade.
Strategies for Successful Cotton Exports
To succeed in the cotton export business, exporters must focus on the following:
Thorough Market Research: Understand global demand trends and identify high-demand regions.
Quality Assurance: Ensure consistent quality to maintain India’s reputation as a supplier of premium cotton.
Access Reliable Data: Use platforms like Eximpedia to gain insights into export data, buyer trends, and HS codes.
Build Strong Networks: Establish partnerships with reliable buyers and suppliers globally.
Conclusion
Cotton exports in India offer a lucrative opportunity for businesses in India, thanks to the country's abundant resources, skilled labor, and competitive production costs. By leveraging reliable data and adopting a strategic approach, Indian exporters can strengthen their position in the global market.
If you’re looking to expand your presence in the cotton trade, access updated and connect with leading exporters via platforms like Eximpedia. With meticulous planning and market insights, India’s cotton export industry has the potential to thrive and scale new heights in global trade.
#cotton exports from India#cotton exporters in India#cotton export companies in India#top cotton exporters in India#list of cotton exporters in India#cotton export data
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Textile Chemicals Industry Outlook, Research, Trends and Forecast to 2030
The global textile chemicals market was valued at USD 26.44 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030. This growth is primarily driven by the rising demand in the clothing and apparel sector, which is boosted by a growing global population, urbanization, and higher disposable incomes. Textile chemicals are essential across various stages of fabric production, from pre-treatment and dyeing to finishing, as they enhance the quality, appearance, and functionality of textiles.
The rapid development of new textile manufacturing techniques, such as digital printing, nanotechnology, and smart clothing, has increased the need for specialized chemicals that improve fabric durability, comfort, and additional features like water repellency or UV protection. Additionally, countries like China, India, and Bangladesh have emerged as major textile manufacturing hubs. These nations benefit from lower labor costs and government support aimed at promoting textile production. For instance, in February 2024, the Government of India increased its budget allocation for the textile sector to over INR 1000 crore, with INR 600 crore specifically allocated to support the Cotton Corporation of India. This kind of governmental support is expected to further boost textile chemical demand by driving increased production in these regions.
Gather more insights about the market drivers, restrains and growth of the Textile Chemicals Market
Regional Insights:
North America North America’s advanced textile manufacturing industry is characterized by high quality standards and a demand for technical textiles, especially in sectors like automotive, aerospace, and healthcare. This requires specialized textile chemicals to enhance properties like durability, flame resistance, and antimicrobial features.
In the U.S., the textile chemicals market is strong, driven by a diversified textile sector producing apparel, home furnishings, and technical textiles. Chemicals play a crucial role in enhancing aesthetics, performance, and durability through processes like dyeing, finishing, and coating.
Asia Pacific Asia Pacific held a 57.52% market share in 2023, fueled by extensive textile production in countries like China, India, and Vietnam, benefiting from low production costs and abundant resources. China, the largest global textile producer, uses extensive chemicals for dyeing, finishing, and meeting international standards.
Europe Europe’s textile chemicals market benefits from its long-standing textile industry and focus on innovation. Germany leads in R&D for sustainable textile chemicals, while Turkey’s growing textile production drives demand for chemicals across the value chain, from fiber to finished garments.
Central & South America In Central and South America, textile manufacturing, especially in Brazil, Mexico, and Colombia, is expanding, with a growing need for chemicals in processes like dyeing and finishing. Brazil, in particular, is modernizing its textile facilities and adopting advanced chemicals for better product quality.
Middle East & Africa (MEA) MEA countries are investing in textile infrastructure, such as Kenya's Nairobi Gate Industrial Park, to boost local production. In South Africa, rising middle-class demand and export ambitions drive the use of advanced textile chemicals to meet international standards.
Browse through Grand View Research's Category Specialty Polymers Industry Research Reports.
The global perlite market size was estimated at USD 1.55 billion in 2024 and is projected to grow at a CAGR of 6.9% from 2025 to 2030.
The global aseptic packaging market size was valued at USD 77.1 million in 2024 and is projected to grow at a CAGR of 10.8% from 2025 to 2030.
Key Companies & Market Share Insights:
The global textile chemicals market is characterized by the presence of both established players and emerging participants. Companies in this sector are expanding their manufacturing capabilities, investing in research and development, and focusing on sustainable product innovations to keep up with evolving demands in textile production. This competitive landscape is set to foster a range of innovative products, including environmentally friendly and efficient chemical solutions that align with the growing sustainability trend in the textile industry.
Kiri Industries Ltd. – A key player known for its expertise in dye and dye intermediates, Kiri Industries Ltd. produces a range of textile chemicals used globally in dyeing and printing applications.
AB Enzymes – A biotechnology company specializing in enzyme solutions for various industries, including textiles. AB Enzymes provides enzyme preparations that improve fabric properties and help reduce the environmental impact of textile production. Their products are also used in baking, fruit juice processing, grain processing, and animal feed.
BASF SE – Operating across six segments, BASF SE’s textile chemical offerings are mainly within the chemicals and industrial solutions segments. The company supplies non-halogenated flame retardants and other chemical additives for textiles. Its diversified portfolio includes intermediates, petrochemicals, and catalysts, which cater to various end-use industries, including textiles.
Evonik Industries AG – A leading global manufacturer of specialty chemicals, Evonik operates through four business segments, with the Performance Materials segment serving the textile market. The company provides a wide array of chemical intermediates and additives, including polymer additives and potassium derivatives, for use in enhancing textile properties.
Kemira Oyj – Specializing in chemical solutions for industrial use, Kemira offers products that serve the pulp and paper, water, oil and gas, and textile industries. For textiles, Kemira provides oil-based foam control products (defoamers) that reduce foam formation in high-temperature applications, as well as dry powder flocculants, such as nonionic polyacrylamides, which aid in treating wastewater in textile processes.
OMNOVA Solutions Inc. – OMNOVA is a specialty chemicals manufacturer that produces emulsion polymers and functional chemicals. OMNOVA’s offerings include various decorative and functional surfaces, including pool liner films and upholstery materials. Their performance chemicals and engineered surfaces divisions supply products for applications in textiles, construction, and consumer goods.
Govi N.V. – This company manufactures engineered process chemicals, producing emulsions, oleochemicals, and dispersions for industries including construction, insulation, food, feed, and textiles. With five production sites worldwide, Govi N.V. operates facilities in Belgium, Serbia, Malaysia, and Turkey, supplying materials used in textile treatments.
Resil Chemicals Pvt. Ltd. – Based in India, Resil Chemicals specializes in organic chemicals for textiles and various other industries such as agriculture, construction, and leather. Known for its functional finishes, Resil Chemicals produces solutions for sustainable textile processing, focusing on creating chemicals that improve fabric quality and sustainability in textiles.
Other Emerging Participants – Other noteworthy participants in the textile chemicals market include German Chemicals Ltd., BioTex Malaysia, and additional regional suppliers that are expanding their market reach by supplying niche chemical solutions for textile production.
Order a free sample PDF of the Textile Chemicals Market Intelligence Study, published by Grand View Research.
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Textile Chemicals Industry Analysis, Research, Review, Applications and Forecast to 2030
The global textile chemicals market was valued at USD 26.44 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030. This growth is primarily driven by the rising demand in the clothing and apparel sector, which is boosted by a growing global population, urbanization, and higher disposable incomes. Textile chemicals are essential across various stages of fabric production, from pre-treatment and dyeing to finishing, as they enhance the quality, appearance, and functionality of textiles.
The rapid development of new textile manufacturing techniques, such as digital printing, nanotechnology, and smart clothing, has increased the need for specialized chemicals that improve fabric durability, comfort, and additional features like water repellency or UV protection. Additionally, countries like China, India, and Bangladesh have emerged as major textile manufacturing hubs. These nations benefit from lower labor costs and government support aimed at promoting textile production. For instance, in February 2024, the Government of India increased its budget allocation for the textile sector to over INR 1000 crore, with INR 600 crore specifically allocated to support the Cotton Corporation of India. This kind of governmental support is expected to further boost textile chemical demand by driving increased production in these regions.
Gather more insights about the market drivers, restrains and growth of the Textile Chemicals Market
Regional Insights:
North America North America’s advanced textile manufacturing industry is characterized by high quality standards and a demand for technical textiles, especially in sectors like automotive, aerospace, and healthcare. This requires specialized textile chemicals to enhance properties like durability, flame resistance, and antimicrobial features.
In the U.S., the textile chemicals market is strong, driven by a diversified textile sector producing apparel, home furnishings, and technical textiles. Chemicals play a crucial role in enhancing aesthetics, performance, and durability through processes like dyeing, finishing, and coating.
Asia Pacific Asia Pacific held a 57.52% market share in 2023, fueled by extensive textile production in countries like China, India, and Vietnam, benefiting from low production costs and abundant resources. China, the largest global textile producer, uses extensive chemicals for dyeing, finishing, and meeting international standards.
Europe Europe’s textile chemicals market benefits from its long-standing textile industry and focus on innovation. Germany leads in R&D for sustainable textile chemicals, while Turkey’s growing textile production drives demand for chemicals across the value chain, from fiber to finished garments.
Central & South America In Central and South America, textile manufacturing, especially in Brazil, Mexico, and Colombia, is expanding, with a growing need for chemicals in processes like dyeing and finishing. Brazil, in particular, is modernizing its textile facilities and adopting advanced chemicals for better product quality.
Middle East & Africa (MEA) MEA countries are investing in textile infrastructure, such as Kenya's Nairobi Gate Industrial Park, to boost local production. In South Africa, rising middle-class demand and export ambitions drive the use of advanced textile chemicals to meet international standards.
Browse through Grand View Research's Category Specialty Polymers Industry Research Reports.
The global perlite market size was estimated at USD 1.55 billion in 2024 and is projected to grow at a CAGR of 6.9% from 2025 to 2030.
The global aseptic packaging market size was valued at USD 77.1 million in 2024 and is projected to grow at a CAGR of 10.8% from 2025 to 2030.
Key Companies & Market Share Insights:
The global textile chemicals market is characterized by the presence of both established players and emerging participants. Companies in this sector are expanding their manufacturing capabilities, investing in research and development, and focusing on sustainable product innovations to keep up with evolving demands in textile production. This competitive landscape is set to foster a range of innovative products, including environmentally friendly and efficient chemical solutions that align with the growing sustainability trend in the textile industry.
Kiri Industries Ltd. – A key player known for its expertise in dye and dye intermediates, Kiri Industries Ltd. produces a range of textile chemicals used globally in dyeing and printing applications.
AB Enzymes – A biotechnology company specializing in enzyme solutions for various industries, including textiles. AB Enzymes provides enzyme preparations that improve fabric properties and help reduce the environmental impact of textile production. Their products are also used in baking, fruit juice processing, grain processing, and animal feed.
BASF SE – Operating across six segments, BASF SE’s textile chemical offerings are mainly within the chemicals and industrial solutions segments. The company supplies non-halogenated flame retardants and other chemical additives for textiles. Its diversified portfolio includes intermediates, petrochemicals, and catalysts, which cater to various end-use industries, including textiles.
Evonik Industries AG – A leading global manufacturer of specialty chemicals, Evonik operates through four business segments, with the Performance Materials segment serving the textile market. The company provides a wide array of chemical intermediates and additives, including polymer additives and potassium derivatives, for use in enhancing textile properties.
Kemira Oyj – Specializing in chemical solutions for industrial use, Kemira offers products that serve the pulp and paper, water, oil and gas, and textile industries. For textiles, Kemira provides oil-based foam control products (defoamers) that reduce foam formation in high-temperature applications, as well as dry powder flocculants, such as nonionic polyacrylamides, which aid in treating wastewater in textile processes.
OMNOVA Solutions Inc. – OMNOVA is a specialty chemicals manufacturer that produces emulsion polymers and functional chemicals. OMNOVA’s offerings include various decorative and functional surfaces, including pool liner films and upholstery materials. Their performance chemicals and engineered surfaces divisions supply products for applications in textiles, construction, and consumer goods.
Govi N.V. – This company manufactures engineered process chemicals, producing emulsions, oleochemicals, and dispersions for industries including construction, insulation, food, feed, and textiles. With five production sites worldwide, Govi N.V. operates facilities in Belgium, Serbia, Malaysia, and Turkey, supplying materials used in textile treatments.
Resil Chemicals Pvt. Ltd. – Based in India, Resil Chemicals specializes in organic chemicals for textiles and various other industries such as agriculture, construction, and leather. Known for its functional finishes, Resil Chemicals produces solutions for sustainable textile processing, focusing on creating chemicals that improve fabric quality and sustainability in textiles.
Other Emerging Participants – Other noteworthy participants in the textile chemicals market include German Chemicals Ltd., BioTex Malaysia, and additional regional suppliers that are expanding their market reach by supplying niche chemical solutions for textile production.
Order a free sample PDF of the Textile Chemicals Market Intelligence Study, published by Grand View Research.
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Bharat Tex 2025 roadshow successfully held in Dubai to promote the manufacturing prowess of indian textiles
Bharat Tex 2025, a global textile event, was successfully promoted during a roadshow organised in Dubai, UAE on 12h November 2024. The main objective of the event was to create awareness about the plethora of opportunities and reiterate India’s position as a global hub for textiles, presenting vast capabilities in innovation, technology & sustainable practices. The roadshow highlighted the advantages to further enhance India-UAE bi-lateral trade under Comprehensive Economic Partnership Agreement (CEPA) which further strengthens Indian Textile Industry’s position and relationships in the GCC region.
Bharat Tex 2025 is being organized by Textile Export Promotion Councils (EPCs) which includes Clothing Manufacturers Association of India (CMAI) and supported by the Ministry of Textiles, Government of India. The mega event is set to take place from February 14 to 17, 2025 at Bharat Mandapam, New Delhi and from February 12 to 15, 2025 at India Expo Centre and Mart, Greater Noida.
Bharat Tex 2025 brings together industry experts, manufacturers, sellers, buyers, designers and enthusiasts, from around the world under one platform. This is the largest and most significant extravaganza for the Textile sector and will display the entire value chain - Apparel, Home Furnishings and Floor Coverings, Fibers, Yarns, Wool, Threads, Fabrics, Carpets, Silk, Textiles based Handicrafts, Handloom, Synthetic, Rayon and Cotton Textiles, Jute, Woolen Garments, Technical Textiles & Machinery.
Welcoming UAE industry associates, Mr. Santosh Katariya, President, CMAI, the organisers of the roadshow said “Bharat Tex is not just an event but a testament to India's commitment to becoming a global textile powerhouse. With innovation, collaboration, and the Make in India spirit at its core, this expo is the embodiment of India’s 5F vision - Farm to Fibre to Factory to Fashion to Foreign, making products not just for India but for the entire world.��
Spanning 2,00,000 sq. mtrs., the exhibition will host over 5000 Exhibitors, 6000 international buyers and over 1,20,000 trade visitors are expected to visit the forthcoming edition. It is the biggest textile event at the global level, with exhibitors and buyers expected from over 120 countries.
Mr. Akhilesh Kumar, DDG, Ministry of Textiles, Government of India during his keynote address highlighted “The expo is a unique platform to bring together leading players from the Indian and Global textiles sector, besides highlighting the numerous existing and emerging opportunities, robust infrastructure, attractive incentives, and other benefits available in India for global investors and buyers. It also represents a unique platform for global investors and buyers to explore India's strengths as a global manufacturer and consumer market.”
A special address was also made by Smt. Swayamprava Pani, IES, Addl. Development Commissioner of Handlooms, Ministry of Textiles underlining Bharat Tex as a unique platform that brings together leading players from the Indian and Global textiles sector, besides highlighting the numerous existing and emerging opportunities, robust infrastructure, attractive incentives, and other benefits available in India for global investors and buyers.
While making a detailed presentation about the event, Mr. Rahul Mehta, Chief Mentor, CMAI asserted “The textiles and apparel industry in India is thriving across its entire value chain, from fibre to apparel. With a diverse range of products, including traditional handloom, handicrafts, wool, silk, and organized textile industry segments, the industry is highly segmented. As a capital-intensive industry, the organized textile sector is characterized by mass production, spinning, weaving, processing, and apparel manufacturing. Bharat Tex represents a unique platform for global investors and buyers to explore India's strengths as a global manufacturer and consumer market.”
Mr. Shaleen Toshniwal, Vice Chairman, MATEXIL emphasised about the the importance of sourcing textiles at Bharat Tex and the opportunity to witness vast range of MSME’s from key manufacturing clusters like Ichalkaranji, Surat, Tiruppur, Noida and other hubs.
The roadshow supported by MATEXIL, WWEPC & HEPC attracted 150 attendees from UAE, Saudi Arabia, Oman, Qatar, Bahrain, Egypt, Turkey, Ghana, Rwanda, Nigeria, Kenya, USA, South Africa and India. The event was concurrently held on the opening day of the second edition of Brands of India, a mega show of Indian Apparel Manufacturers being organised by CMAI at Dubai World trade Centre.
For further details of the event, please visit www.bharat-tex.com
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Exploring the Best Business Opportunities in Tamil Nadu
Tamil Nadu, with its robust industrial infrastructure, educated workforce, and rich cultural heritage, is one of the most prosperous states in India. It is considered a hub for several industries and offers a wealth of business opportunities across diverse sectors. Whether you’re a first-time entrepreneur or an experienced investor, Tamil Nadu provides an ideal environment to start and scale businesses. Let’s explore some of the best business opportunities in Tamil Nadu that promise significant returns and growth.
Top 8 Business Ideas in Tamil Nadu
1. Automobile Manufacturing and Auto Components
Tamil Nadu is one of India’s largest automobile manufacturing hubs, hosting key players like Hyundai, BMW, and Renault. The state’s automotive ecosystem is strong, with an extensive supply chain and a skilled workforce in engineering and manufacturing. For entrepreneurs, the automobile industry offers a wide range of opportunities in vehicle assembly, spare parts manufacturing, car dealerships, and auto components production. As demand for electric vehicles (EVs) continues to grow, this sector presents even more avenues for expansion.
2. IT and Software Development
Chennai, Tamil Nadu’s capital, is one of the top cities in India for IT services, outsourcing, and software development. With a thriving tech ecosystem, the state has seen a surge in demand for IT solutions, including software development, mobile app creation, and IT consulting. Additionally, the government’s push for digitization and IT infrastructure makes Tamil Nadu an attractive destination for setting up an IT business. New businesses can explore opportunities in artificial intelligence, blockchain, cybersecurity, and data analytics, with increasing demand from both domestic and international markets.
3. Renewable Energy
Tamil Nadu is a frontrunner in India’s renewable energy sector, particularly in wind and solar power. With the state’s abundant natural resources, there is ample opportunity for businesses focused on solar panel manufacturing, wind turbine technology, and other renewable energy solutions. Entrepreneurs can also explore energy-efficient products and services, such as solar-powered appliances or electric vehicle charging stations. As the demand for clean and sustainable energy grows, Tamil Nadu presents a promising business environment in this sector.
4. Textile and Garment Manufacturing
Known as the "Manchester of the South," Tamil Nadu has a well-established textile and garment industry. Cities like Coimbatore and Tirupur are globally recognized for their textile production, including cotton yarn, knitwear, and garments. Entrepreneurs can capitalize on this thriving industry by venturing into garment manufacturing, textile exports, or even establishing retail outlets for locally produced textiles. With the increasing global demand for ethical and sustainable fashion, there is also scope for businesses focused on eco-friendly and organic textile production.
5. Agriculture and Agri-Tech
Agriculture is the backbone of Tamil Nadu’s economy, with the state being one of India’s leading producers of crops like rice, sugarcane, and cotton. In recent years, the state has seen a rise in demand for agri-tech innovations that enhance productivity and sustainability. Business opportunities abound in areas like organic farming, agri-tech solutions for crop management, and food processing. Entrepreneurs can also look into starting businesses that cater to the growing demand for healthy, organic food products or farm-to-table solutions.
6. Tourism and Hospitality
With its rich history, ancient temples, beautiful beaches, and hill stations, Tamil Nadu is a popular tourist destination. The state attracts millions of visitors each year, providing numerous opportunities for businesses in the tourism and hospitality industry. Entrepreneurs can explore opportunities in hotel management, travel agencies, eco-tourism, and cultural tourism. The government’s efforts to promote tourism further strengthen this sector, making it a prime choice for business owners looking to capitalize on Tamil Nadu’s tourism potential.
7. Healthcare and Wellness
Tamil Nadu is home to some of India’s most renowned healthcare facilities and medical tourism destinations, particularly in cities like Chennai. The demand for healthcare services, medical devices, wellness centers, and fitness solutions is growing, providing ample opportunities for entrepreneurs. Businesses in telemedicine, health-tech innovations, wellness retreats, and fitness centers are in high demand. Additionally, as the population ages, there is significant potential in the elderly care sector.
8. Education and Skill Development
Tamil Nadu has one of the highest literacy rates in India, with a strong network of educational institutions. The growing demand for skilled professionals across sectors creates an opportunity for businesses focused on skill development and vocational training. Entrepreneurs can start coaching centers, e-learning platforms, or skill development institutes that cater to emerging industries like IT, healthcare, and renewable energy.
Conclusion
Tamil Nadu offers a wide range of business opportunities, thanks to its strategic location, well-developed infrastructure, and progressive government policies. From manufacturing and IT to renewable energy and tourism, the state is brimming with potential for entrepreneurs looking to start a business. Whether you want to capitalize on existing industries or explore emerging sectors, Tamil Nadu presents a dynamic and supportive environment for business growth. By identifying the right niche and leveraging the state’s resources, entrepreneurs can build successful ventures that contribute to Tamil Nadu’s thriving economy.
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How does the cost of wholesale T-shirts in Bangladesh compare to other countries?
The cost of wholesale T-shirts in Bangladesh is generally more competitive than in many other major manufacturing countries. This advantage comes from several factors unique to Bangladesh:
Lower Labor Costs: Bangladesh has one of the most affordable labor markets among textile-producing nations. Wages for garment workers are significantly lower than those in China, Vietnam, or India, which helps reduce production costs.
Government Support: The Bangladeshi government offers incentives to support the garment industry, including tax breaks and subsidies, particularly for exporters. This support helps manufacturers offer lower wholesale prices.
Efficient Supply Chain: Bangladesh has a mature and highly efficient supply chain for the textile industry. With access to high-quality raw materials and a robust infrastructure for spinning, weaving, and dyeing, manufacturers can keep costs low. Additionally, Bangladesh has established relationships with global shipping companies, ensuring cost-effective logistics.
Large Manufacturing Base: Bangladesh is one of the largest textile and apparel exporters, so manufacturers benefit from economies of scale. This scale allows for the production of bulk orders at reduced costs, which wholesalers can pass on to their clients.
Eco-friendly Practices: Although eco-friendly production usually raises costs, many Bangladeshi manufacturers, including Tees BD Co, have embraced sustainable practices while maintaining competitive pricing. They balance affordability with environmentally friendly processes that appeal to international clients seeking green options without high premiums.
Comparison to Other Countries:
China: China’s prices are often higher due to rising labor costs and additional tariffs on exports to certain countries. However, Chinese manufacturers offer advanced technology and shorter lead times.
Vietnam: Vietnam is competitive but typically more expensive than Bangladesh. Labor costs are higher, and manufacturing is less focused on large-scale bulk production.
India: India offers competitive pricing but slightly higher labor costs. Indian manufacturers are also more diversified across various textiles, which can sometimes lead to higher costs in niche categories.
In summary, Bangladesh remains one of the most cost-effective options for wholesale T-shirts globally, especially for businesses needing large quantities without compromising on quality.
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Top 10 Products to Export From India in 2024: Your Guide to Success
India's rich and diverse economy makes it a global player in exports, offering a wide range of products that are in high demand worldwide. For businesses looking to capitalize on the top export markets, knowing what to focus on is essential. In this blog, we will explore the top 10 products to export from India in 2024. Whether you are a seasoned exporter or just starting out, Bharat2Export is here to provide all the support you need. We offer global trade opportunities, reliable sourcing, customized solutions, and logistics support to ensure your business thrives in the international marketplace.
1. Leather and Leather Goods
India’s leather industry is a top contender in the global market. The export from India of leather goods, including shoes, bags, and apparel, continues to rise. The high-quality craftsmanship and affordable prices of Indian leather products make them a favorite, especially in Europe and the U.S. Bharat2Export can help you navigate the complexities of sourcing and exporting leather goods, ensuring you meet global standards.
2. Petroleum Products
As one of Asia’s largest refiners, India is a significant exporter of petroleum products. These include petrol, diesel, and jet fuel. The export from India of petroleum products primarily caters to countries like the USA, the Netherlands, and China. If your business is in this sector, Bharat2Export offers comprehensive logistics support and sourcing services, making your petroleum exports seamless and efficient.
3. Textiles and Apparel
Textiles are another leading export from India, known for their quality and variety. From cotton and silk to synthetic fibers, India’s textile industry has it all. Indian garments are in demand globally, particularly in the U.S., Europe, and the Middle East. Bharat2Export ensures that your textile exports are sourced from reliable manufacturers, with efficient logistics solutions to reach international markets swiftly.
4. Gems and Jewelry
India’s gemstone and jewelry market is highly sought after worldwide. The export from India of diamonds, gold jewelry, and other precious stones contributes significantly to the country’s economy. Major markets include the U.S., UAE, and Hong Kong. Bharat2Export specializes in reliable sourcing of high-quality gems and jewelry, helping your business tap into these lucrative international markets.
5. Automobiles and Machinery
India’s engineering sector is booming, with a strong emphasis on the export from India of automobiles and heavy machinery. This includes tractors, automobile parts, and industrial equipment. These products are in demand in markets such as the USA, Germany, and Southeast Asia. Bharat2Export provides customized solutions for businesses involved in machinery exports, ensuring your products reach global markets without hassle.
6. Pharmaceuticals
The export from India of pharmaceutical products is another major contributor to the economy. India is known for exporting high-quality generic drugs, active pharmaceutical ingredients (APIs), and other healthcare solutions. Bharat2Export is here to assist pharmaceutical companies with reliable sourcing and global trade opportunities, ensuring your products reach the global healthcare market with ease.
7. Handicrafts and Home Décor
India is also a hub for exporting handicrafts and home décor items. These products are in high demand in countries like the U.S., UK, and Australia. The export from India of traditional and contemporary handicrafts not only promotes India’s cultural heritage but also contributes to its growing economy. Bharat2Export offers logistics support and helps you connect with artisans, ensuring that your home décor exports are top-notch.
8. Electronic Goods
The export from India of electronic goods, including mobile phones and laptops, has increased significantly in recent years. India’s electronic industry is expanding rapidly due to the global demand for technology products. Bharat2Export can help you with customized logistics solutions and reliable sourcing of electronics, making sure your products reach international markets efficiently.
9. Dairy Products
India’s agricultural sector also contributes to the export from India of dairy products. Items like milk powder, cheese, and ghee are exported to various countries, especially in the Middle East and Southeast Asia. Bharat2Export offers comprehensive support for businesses looking to expand into dairy exports, ensuring that logistics and sourcing are handled with the utmost care.
10. Agricultural Products
India is one of the largest exporters of rice, wheat, and spices. The export from India of these agricultural goods feeds millions across the world. Major export markets include Africa, the Middle East, and Southeast Asia. Bharat2Export provides end-to-end solutions for agricultural exports, from sourcing to logistics, ensuring your products reach global markets in top condition.
How Bharat2Export Can Help You
At Bharat2Export, we understand the challenges that come with international trade. Our wide range of services is designed to cater to the diverse needs of exporters, from small businesses to large enterprises. Whether you are focusing on the export from India of textiles, petroleum, or agricultural products, we are here to support you with:
Global trade opportunities: We help you identify and connect with buyers in key international markets.
Reliable sourcing: We ensure that your products are sourced from trusted manufacturers who meet global standards.
Customized solutions: Every business is unique, which is why we offer tailored solutions to meet your specific export needs.
Logistics support: We handle the complexities of shipping, ensuring that your products reach their destination safely and on time.
Conclusion
India’s export market is diverse and growing rapidly. By focusing on the top 10 products to export from India, businesses can tap into lucrative opportunities. Whether you are looking to export leather, textiles, gems, or machinery, Bharat2Export is your go-to partner for reliable sourcing, global trade opportunities, and logistics support. Let us help you navigate the complexities of international trade and ensure your success in the global marketplace.
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[ad_1] 2 min read Last Updated : Oct 15 2024 | 3:40 PM IST The proposed mega textile park in Uttar Pradesh has netted investment proposals to the tune of ~10,000 crore from domestic textile and garment majors. Companies looking to set up units in the UP Textile Park spanning 1,162 acres include Reliance Industries, Arvind Mills, Vardhman and Ahuja Textile Mills, among others. Click here to connect with us on WhatsApp In all, about 400 big and small textile manufacturing and processing plants may come up in the textile park in Lucknow-Hardoi districts. Recently, UP Chief Minister Yogi Adityanath said the textile hub was estimated to attract a total investment of ~15,000 crore. It would create 300,000 direct and indirect employment opportunities. “Marquee textile companies have evinced interest in setting up plants in the UP Textile Park. About a dozen companies have sought details about land allocation,” a state government official said. Moreover, the textile park plans to capitalise upon the disruption in the textiles sector of Bangladesh, following a political upheaval. This reportedly led to the closure of 800-1,000 small and medium textile units in that country. With India targeting garment exports of $100 billion in the next five years, the UP Textile Park will bolster domestic production to achieve the goal. “The textile park will firmly establish India as a global textile, garment and apparels major. To achieve the export target, we will formulate policies to promote apparel, garments, fibre, textiles and threads, among others,” said UP MSME, khadi and textile minister Rakesh Sachan. The textile park will not only comprise manufacturing and processing units, but encompass an entire textiles value chain. The facility will provide training, marketing, designing, packaging, manpower, consultancy and export services. Traditionally, UP boasts of major textile hubs of Varanasi, Lucknow, Bhadohi and Gorakhpur. Since, the textiles sector is among the largest employment generators, the government is propelling it. The state also tied up with Raymond for skills training of youth in garmenting and tailoring. On his recent visit to Lucknow, Raymond chairman and managing director Gautam Singhania termed UP as an important textile market.First Published: Oct 15 2024 | 3:40 PM IST [ad_2] Source link
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[ad_1] 2 min read Last Updated : Oct 15 2024 | 3:40 PM IST The proposed mega textile park in Uttar Pradesh has netted investment proposals to the tune of ~10,000 crore from domestic textile and garment majors. Companies looking to set up units in the UP Textile Park spanning 1,162 acres include Reliance Industries, Arvind Mills, Vardhman and Ahuja Textile Mills, among others. Click here to connect with us on WhatsApp In all, about 400 big and small textile manufacturing and processing plants may come up in the textile park in Lucknow-Hardoi districts. Recently, UP Chief Minister Yogi Adityanath said the textile hub was estimated to attract a total investment of ~15,000 crore. It would create 300,000 direct and indirect employment opportunities. “Marquee textile companies have evinced interest in setting up plants in the UP Textile Park. About a dozen companies have sought details about land allocation,” a state government official said. Moreover, the textile park plans to capitalise upon the disruption in the textiles sector of Bangladesh, following a political upheaval. This reportedly led to the closure of 800-1,000 small and medium textile units in that country. With India targeting garment exports of $100 billion in the next five years, the UP Textile Park will bolster domestic production to achieve the goal. “The textile park will firmly establish India as a global textile, garment and apparels major. To achieve the export target, we will formulate policies to promote apparel, garments, fibre, textiles and threads, among others,” said UP MSME, khadi and textile minister Rakesh Sachan. The textile park will not only comprise manufacturing and processing units, but encompass an entire textiles value chain. The facility will provide training, marketing, designing, packaging, manpower, consultancy and export services. Traditionally, UP boasts of major textile hubs of Varanasi, Lucknow, Bhadohi and Gorakhpur. Since, the textiles sector is among the largest employment generators, the government is propelling it. The state also tied up with Raymond for skills training of youth in garmenting and tailoring. On his recent visit to Lucknow, Raymond chairman and managing director Gautam Singhania termed UP as an important textile market.First Published: Oct 15 2024 | 3:40 PM IST [ad_2] Source link
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