One single sector which has made the pitch of India resonate is the garment and textile industry, with India making a large share of export in the US market, heading a record surge in 2014 year. Signals of a steady revival in the economy of United States hold the hopes high for 2015 year. There is significant buoyancy in total demand for garment factory in India and their products have the potential to touch new sales graph.
The Organic cotton factory India not just cater to the needs of the Indian or US market but they serve the European markets too. It has departed its sluggish growth trend in Europe and have improved by leaps in bounds by manufacturing world class garments which give tough competition to the International garments style and texture. They engage in socially responsible manufacturing process which was adopted owing to reflection of blend of different global factors. These factors were:
Major factory fire accident in Bangladesh in 2014 :
- Labor Unrest in garment factory of Cambodia
- Currency appreciation of India
- Progressive decline of Exports of China in UA market
Amid the months of January to October, the Indian garment and textile exports to United States has prominently increased by 6.5 percent. This growth of textiles and garments is very important despite the steep strengthening of INR since 2013 September. On one hand where there is a steady pick up in United States demand, there are good number of cotton garment manufacturing industries in India that are helping the nation’s apparel and textile exports.
The pickup performance is very much visible in the textile and garment expert garment factory India which have earned fame for their initiative of socially responsible manufacturing process. Ready made clothes play significant role in country’s double digit export rise in May, touching the figure to 25 percent increase.