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    Export Merchandising

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    Yamini Paliwal
    The document summarizes India's textile industry and apparel exports to the UK. It notes that the textile industry contributes significantly to India's economy and employment. However, exports of apparel products to the UK have been gradually declining in recent years due to new competitors like Bangladesh and China. The Indian government is trying to address this issue by negotiating trade agreements like one with the EU that would phase out tariffs on Indian apparel over 10 years, making Indian exports more price competitive. This could help India emerge as a preferred supplier of both high-fashion and bulk apparel items to EU countries.

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    Export Merchandising

    Uploaded by

    Yamini Paliwal
    215 views14 pages
    The document summarizes India's textile industry and apparel exports to the UK. It notes that the textile industry contributes significantly to India's economy and employment. However, exports of apparel products to the UK have been gradually declining in recent years due to new competitors like Bangladesh and China. The Indian government is trying to address this issue by negotiating trade agreements like one with the EU that would phase out tariffs on Indian apparel over 10 years, making Indian exports more price competitive. This could help India emerge as a preferred supplier of both high-fashion and bulk apparel items to EU countries.

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    The document summarizes India's textile industry and apparel exports to the UK. It notes that the textile industry contributes significantly to India's economy and employment. However, exports of apparel products to the UK have been gradually declining in recent years due to new competitors like Bangladesh and China. The Indian government is trying to address this issue by negotiating trade agreements like one with the EU that would phase out tariffs on Indian apparel over 10 years, making Indian exports more price competitive. This could help India emerge as a preferred supplier of both high-fashion and bulk apparel items to EU countries.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    215 views14 pages

    Export Merchandising

    Uploaded by

    Yamini Paliwal
    The document summarizes India's textile industry and apparel exports to the UK. It notes that the textile industry contributes significantly to India's economy and employment. However, exports of apparel products to the UK have been gradually declining in recent years due to new competitors like Bangladesh and China. The Indian government is trying to address this issue by negotiating trade agreements like one with the EU that would phase out tariffs on Indian apparel over 10 years, making Indian exports more price competitive. This could help India emerge as a preferred supplier of both high-fashion and bulk apparel items to EU countries.

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    You are on page 1of 14

    Export Merchandising

    Apparel Exports from India to UK

    Indian Textile Industry


    India Textile industry is one of the leading textile industries in the world India textile industry largely depends upon the textile manufacturing and export. It not only generates jobs in its own industry, but also opens up scopes for the other ancillary sectors. Indian textile industry can be divided into several segments, some of which can be listed as below: > Cotton Textiles > Silk Textiles > Woollen textiles > Readymade garments > Hand-Crafted textiles > Jute and Coir

    Current Scenario
    The Indian textile industry contributes about 17% to the countrys export earnings. The industry provides direct employment to over 35 million people India has the potential to increase its textile and apparel share in the world trade from the current level of 4.5% to 8% and reach US$ 80 billion by 2020. Exports of textile grew to USD 26.8 billion in FY 2010 from USD 17.6 billion in FY 2006 textile trade is dominated by exports with a CAGR of 6.3% during the same period.

    Analysis of Indian Apparel Exports to UK

    Mens overcoats

    Womens Overcoats

    Mens suits, jackets, blazers, trousers

    Womens suits, jackets, trousers, divided skirts, skirts, dresses

    Mens Shirts

    Womens Shirts, Blouses

    Mens Underpants, Bathrobes, Night Wear

    Womens nightwear, bathrobes

    T-shirts, Tank Tops

    Jersey, Pullovers, Waistcoats

    Babies Garment And Clothing Accessorize

    Shawls, Scarves, Mufflers

    Footwear and Gaiters

    CONCLUSION
    The export of apparel products from India to UK is gradually declining from the past few years. This is because of the new upcoming markets like Bangladesh, Sri Lanka,etc. And various competitors like China. Also the UK economy is declining and it is unsuccessful to recover effectively. Though the Indian government is trying to overcome this problem by bringing in new policies. Indian apparel exports to the European Union will get 20% cheaper in a phased manner with the signing of India-EU free trade agreement (FTA), now in the final stages of negotiations. According to a commerce ministry official, India has managed to convince the EU on bringing down tariffs on Indian apparels from 20 per cent to nil over the next 10 years. The move will help India to be price competitive against its competing neighbouring countries like Bangladesh and Sri Lanka which are exporting garments to EU at zero duty under the Least Developed Countries (LDCs) status. Today, EU nations prefer India only for fashionable items across all categories while the basic purchase of bulk apparels happen from China and Bangladesh. With this FTA, India will emerge as a preferred destination for even bulk purchase of daily wear apparels.

    Thank You
    Submitted By: Amanjot Maingi Bhamini Pohoja Samarth Pachhapur Tanvi Arora Yamini Paliwal

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