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States’ efforts to encourage investments in new locations gain momentum

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Apparel Online India December, 16-31, 2016

READ MORE ON Garment ExportersGarment ManufacturingGovernment SupportTextile Policy

To survive competition and improve bottom lines, new factories have to be located at more competitive locations where not only the labour costs are cheaper, but the right kind of ecosphere has been developed for the smooth functioning of the factory… A good advice, no doubt, but where are these new locations…, is what the industry is asking. While states like Gujarat, Madhya Pradesh, Andhra Pradesh, Karnataka and Maharashtra have been trying to encourage investors from the textile and apparel sectors for some time now, albeit with limited success, the year 2016 saw three new regions present themselves as more pro-active and better positioned options. The past year was an exciting year for garment exporters, as they finally gained recognition…

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Source: Apparel Online India December, 16-31, 2016
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