IF INDIA INTEGRATES AND INVESTS, IT CAN RIVAL CHINA AS CLOTHING EXPORTER, CONFERENCE TOLD
July 1st, 2013
THE INDIAN apparel industry has made progress with backward integration over last five years but exporters rely too heavily on refunds of custom duties when re-exporting apparel based on fabrics and fibres bought outside the country, a Li & Fung India executive told a New Delhi conference on Friday (July 19).Deepika Rana, the executive vice president and India country director for the Hong Kong-based wholesaler said: “Only a handful of vendors in the country are focusing on building efficiencies in the production line, reducing wastages and cutting ...
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