Financial Daily from THE HINDU group of publications
Wednesday, Aug 11, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Readymade Garments


Think global, garment manufacturers told

Our Correspondent

Madurai , Aug. 10

THE ready-made garment manufacturers need to develop a global perspective to profit from the potential that would emerge with the setting in of the WTO regime in a few months from now, the Deputy Director of the Textile Committee, Madurai, Mr R. Ramanathan, has said.

Delivering the inaugural address at the `Design workshop for readymade garments and textile made-ups' here, Mr Ramanathan said that despite the presence of more than 600 ready-made garment units in and around Madurai, a global popularity has not been gained like Tirupur and Karur.

This was mainly because the manufacturers lacked self-belief and refused to think beyond the local market, satisfying themselves with loading the garments to Karnataka and Kerala, he added.

With the WTO regime in place by January next, a great opportunity awaited them and they should make full use, as India along with China would be the only two countries to compete between themselves to grab the opportunity. The manufacturers need to become aware of the design along with cost and quality with timely delivery, to seize and establish themselves in the global market.

At present, while China supplied 15 per cent of the American requirements, India's participation is at 3 per cent. There is a need to upgrade the technology and the structure in the industry, to play the role of a bulk supplier in the global arena.

A cluster approach will enable them to realise the benefits through promotion of global brands.

To bring about an awareness among the manufacturers in the region, a team from NIFT visited the region a few days ago and as a follow-up, the workshop is on, he said.

Earlier, the Maditssia President, Mr S. Aravind, said that India has been exporting yarn to China, allowing that country to take advantage of the global market. The low level of technology among the garment manufactures has been depriving the country of its share, as producers of quality fabric.

While the share of a superior technology like shuttle-less looms is around 30 per cent at the global level, the adoption in India is only around three per cent. Garment manufacturers have been presented with a great opportunity in the realm of made-ups market such as home furnishings, bed sheets, bath towels etc.

Export of cotton made-ups has been growing at annual rate of 13.5 per cent between 1997-2003 as against the cotton apparels at 9 per cent. To gain supremacy in quality fabric, the weaving and processing sectors also do need to wake up to the reality, he emphasised.

The workshop was jointly organised by the Madurai District Tiny and Small Scale Industries Association (Maditssia), National Institute of Fashion Technology (NIFT), Chennai, the Textile Committee (Ministry of Textiles, Govt. of India) and the Tamil Nadu Readymade Garments Manufacturers Association, Madurai.

More Stories on : Readymade Garments | Tamil Nadu | WTO

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Rain measuring mission to be extended


New pension schemes for port workers, seafarers in the offing
Ministry, RBI to jointly tackle inflation, says Chidambaram
Ministry not worried over interest outgo
`Potassic fertilisers must be given more subsidy'
CII show in Thailand to promote international trade
`Identify sectoral strengths to gain from multilateral trade talks'
Kerala Chamber's plea on projects
Soaring crude prices — ONGC nets big gains
GSPC strikes oil at Ahmedabad block — Value put at over Rs 1,000 cr
Petroleum, Shipping Ministries in row over Transchart
Air India gets nod for hedging fuel needs
GAIL plans Rs 800-crore coal gassification plant at Ranigunj — Shell to provide technology
GAIL (India) keen to pick up equity stake in HPL
GAIL plans Rs 4,500-crore gas pipeline to connect UP, Bengal
Myanmar allows GAIL-OVL team to take part in exploration
Fluctuating drug prices: Call for a holistic view
Chidambaram may address Settlement Commission members today
Meet on hi-tech weaving in Coimbatore
FM radio cos may be allowed to re-apply under new norms
IBF sub-committee set up to look into broadcasting issues
Kerala suspends MoU
Knowledge is costly
Core fluency thesaurus
Talks on food processing in Kerala
Panel to study AP builders' woes
Think global, garment manufacturers told
Award for NGRI scientist
Keltron Counters privatisation in a decisive stage
Left TUs to protest against EPF rate cut
India Inc urged to participate in WTO tariff line discussion
Technical talk on patents in Thiruvananthapuram
AP: Aid for weaker section housing programmes
Kerala steps to clear files by year-end
In Hyderabad today
Q1 cashew exports up
2-day tourism meet in Mangalore
Aviation, tourism inter-ministerial group to be set up
SDG warning system for Vijaya Bank



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line