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Although China is likely to become the 'supplier of choice', other low cost producers like India would also benefit as the overseas importers would try to mitigate their risk of sourcing from only one country. The two-fold increase in global textile trade is also likely to drive India's exports growth. India's textile export (at US$ 15 bn in 2005) is expected to grow to US$ 40 bn, capturing a market share of close to 8% by 2010. India, in particular, is likely to benefit from the rising demand in the home textiles and apparels segment, wherein it has competitive edge against its neighbour. Nonetheless, a rapid slowdown in the denim cycle poses risks to fabric players...
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Common topics in this essay:
- Indian Textile Industry-Porter'S Five Foreces
- Textile Industry in India
- Positioning of Indian Telecom companies
- Indian Companies Expanding and Outsourcing
- Textile Industry and Duties in India
- Indian Legal Environment For Foreign Companies
- Indian IT Services Migration to Product Companies
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- Indian Insurance Industry: An Industry Competitive Analysis
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- Indian Retail Industry
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- The Indian Carpet Industry
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