Contract Manufacturers In India | Industry experts - PowerPoint PPT Presentation

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Contract Manufacturers In India | Industry experts

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A contractor that works with a company to supply additives or merchandise on a contractual foundation is called a Contract manufacturer. Want to acquire your enterprise goals, we're right here to offer you with Single Window Services to be able to make your purpose acquire easier. We, Industry Experts, are Contract manufacturers in India who assist our clients in making knowledgeable choices, take movements greater decisively and develop profitably with suitable hints and solutions. India has a vast B2B sourcing base that is home to contract manufacturing companies that are at par with global manufacturing companies and at a substantial reduction compared to global costs. – PowerPoint PPT presentation

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Title: Contract Manufacturers In India | Industry experts


1
  • Garment Manufacturing in India - Draping the
    World for Ages
  • When did garment manufacturing start in India?
  • Archaeological surveys indicate that the weaving
    and spinning of cotton date back to the Harappan
    Civilization. Historical evidence suggests that
    India traded cotton with the ancient Egyptian
    civilization and exported cotton to the western
    countries through the Chinese silk route.
  • The Indian textile industry thrived through the
    Mughal period and accounted for almost 25 of
    East India Companys imports. Post-independence
    and following liberalisation in 1990, the
    industry has witnessed some vital changes that
    translated into further expansion.
  • Which factors are driving the growth of the
    Indian garment industry?
  • Garment manufacturing companies in India are
    riding on the following factors to cash in on
    this evergreen sector
  • An abundance of raw material India is the
    largest producer of cotton and jute and the
    fourth largest manufacturer of polyester.
  • Availability of skilled labour.
  • A robust ecosystem comprising sufficient water
    and electricity,
  • A pre-existing infrastructure.
  • Massive domestic market.

2
  • What is the industry scenario at present?
  • The Indian garment manufacturing sector is well
    diversified in technologies, manufacturing
    capacities and products, with the traditional
    handloom industry on one side of the coin and
    modernized, capital-intensive skills on the other
    side.
  • However, this broad spectrum of manufacturing
    capacity and products enables India to cater to a
    diversified domestic and international market.
  • With around 4.5cr employees engaged in the
    sector, textile export from India stood at
    approximately 29.8 billion between Apr-Dec 2021.
    The garment industry is expected to cross 200
    billion by 2029.
  • Despite the pandemic, the Indian domestic textile
    sector witnessed a growth of around 9 in
    2020-21.
  • India attracted Foreign Direct Investment (FDI)
    of nearly 4 billion between Apr 2000- Dec 2021.
  • What are the different government initiatives
    taken to boost this sector?
  • 1.44 billion PLI scheme is a major incentive for
    the Indian textile industry.
  • Under the union budget 2022-23, 1.62 billion USD
    was allocated to the textile sector.
  • Handloom Export Promotion Council is actively
    participating in international trade fairs to
    propel the growth of the handloom industry.
  • Under the comprehensive handicrafts cluster
    development scheme, the Ministry of Textiles has
    approved an investment of21.31 million USD
  • Who can guide us in selecting the best garment
    manufactures? Industry Experts are well-equipped
    to hand hold you on this journey.
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