Hotline: 1800 102 2007
Search Business Opportunities

Price hike of raw materials: SME apparel exporters upset

Price upset SME apparel exporters


The SME –dominated apparel export segment in India is disturbed because of the distinct rise in price of the raw materials for apparels, over the last nine months.


The Apparel Export Promotion Council (APEC) has said that there has been a fall in apparel exports. Vijay Mathur, deputy secretary general of APEC said that there has been a decline of 2.6 per cent in the total volume of exports during 2009-10 dropping to USD 10.6 billion from USD10.9 billion in 2008-09. There are three main reasons that have led to the slippage. First is the dependency on the American market. Secondly the appreciation of the Indian currency against dollars and the steep rise in prices of fabric raw materials between 30-98 per cent has disturbed the supply.


KL Mahajan said that although the demand quotient varies for different apparel products there is a general high demand in the country as well as overseas. The demand for cotton is as much in India as it is in abroad. But the hike in the raw material prices, supply of apparels has been going down from September 2009 leading to widening of the demand supply gap.


The SMEs in the domain are earnestly hoping that the global demand for the apparels increases further so that it will be easier for them to cope with the crisis.


Related opportunities
  • Dear Investor,Kalorex is name synonymous with education par excellence. We..
    Locations looking for expansion Gujarat
    Establishment year 1995
    Franchising Launch Date 2008
    Investment size Rs. 5lac - 10lac
    Space required 2000 - 4500 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ahmedabad Gujarat
  • About:Owing to rich experience of setting up and managing military..
    Locations looking for expansion New Delhi
    Establishment year 2006
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Become entrepreneur with brand that promises to offer great returns..
    Locations looking for expansion Haryana
    Establishment year 1982
    Franchising Launch Date 1990
    Investment size Rs. 20lac - 30lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Moti Mahal Delux Group of Restaurants, your growth opportunity..
    Locations looking for expansion New Delhi
    Establishment year 1950
    Franchising Launch Date 2000
    Investment size Rs. 30lac - 50lac
    Space required 2500 sq ft to 4000 sq ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Central Delhi New Delhi
Insta-Subscribe to
The Franchising World
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities