Products including garments made in India have got a huge potential in the global market. Many buyers are inclined to source their requirements from India, keeping in mind advantageous factors like political relationship, cultural relationship, quality manufacturing, communication angle and above all dependability and responsibility.
As for the share of US apparel imports from India, India contributes four per cent of US imports with a growth of eight per cent whereas China has registered only a two per cent growth year on year. There is potential to increase Indian exports to the US, particularly knitwear and apparels.
Meanwhile Sourcing at Magic will be held in the US from August 14 to 17. It’s North America's largest and most comprehensive sourcing event, reflecting the fashion supply chain at its most complete. It offers access to over 35 countries representing the world’s most important markets.
The fair is also a convenient space for retail buyers, global importers, licensees and brands to meet and conduct business with offshore manufacturers like India and contract suppliers from the international manufacturing countries. India will highlight its sourcing advantages at the fair to visiting buyers and brands. Knitwear garment exporters from Tirupur will present their strengths.