INDIA CLOTHING ASSOCIATION BOSS SAYS LOCAL MANUFACTURERS MUST TARGET DOMESTIC MARKETS
February 1st, 2013
THE PRESIDENT of the of the Clothing Manufacturers Association of India (CMAI) has told just-style that falling demand from United States and Europe means Indian garment exporters must explore domestic markets for new sales. “For some companies it is a matter of survival, while for the others it is to achieve growth,” said president Rahul Mehta, “I see few other options for them but to try and enter domestic market.” Mehta’s own company the Creative Group, which has an annual sales of USD120 million and exports to 60 countries, has already shifted some ...
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