SOUTH ASIAN KNITWEAR INDUSTRY HAVING MIXED FORTUNES AS GLOBALISATION INTENSIFIES
May 1st, 2008
BY RAGHAVENDRA VERMA, in New Delhi; SAEED AKHTAR BALOCH, in Lahore; and KEITH NOYAHR, in Colombo
THE SOUTH Asian knitwear industry is experienced mixed fortunes at present, with the impact of China's production boom and the global liberalisation of the textile sector still changing sub-continental fortunes. Knitwear producers in India and Pakistan are facing difficult situations, while Bangladeshi and Sri Lanka companies are doing well.
Indeed, the Indian knitwear export industry has registered its first fall in overseas sales in more than two decades, ...
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