Financial Daily from THE HINDU group of publications
Monday, May 23, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Industry & Economy - Textiles


Textile exporters `must get their pricing right'

Our Bureau

"It would be difficult for India to compete with China and Pakistan in the selling of commodity textiles"

Coimbatore , May 22

TEXTILE entrepreneurs getting into exports should lay due emphasis on `accurate' pricing of their products.

"Accurate pricing forms part of priorities for the Indian textile exporters seeking to compete with exports from China and Pakistan which turn out more aggressive since the lifting of quotas," said Mr B. Senthil Kumar, promoter of BKS Mills Ltd of Palladam and exporter of cotton fabric/made-ups.

While Pakistan is proving to be highly competitive, especially in home textiles, with its prices lower by 10 per cent to 15 per cent compared to India, China remained far ahead of others in terms of efficiently pricing their basic textile products, thanks to the lower interests rate, higher export incentives and higher per worker productivity, Mr Senthil Kumar said at a seminar on `export marketing in textiles' here on Sunday.

The seminar was held jointly by the Sardar Vallabhbhai Patel Institute of Textile Management and the Textiles Committee.

The first four months of quota free textile export market has revealed that China could increase its textile/clothing exports by 60 per cent, as compared to India's 25 per cent growth, whereas Pakistan's home textile exports had risen by 1400 per cent compared to its performance in the previous year, he said

Mr Senthil Kumar, a former chairman of the Powerloom Development and Export Promotion Council (PDEXCIL), felt it would be difficult for India to compete with China and Pakistan in selling commodity textiles such as plain yarn, fabric or basic garments and it had to go up in product value-chain and product innovation.

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


Stories in this Section
`4 m new jobs in housing sector by 2015'


Foreign inward remittance — Getting rid of the stumbling blocks
PM promises `bold' policy initiatives to boost growth
Coalition politics delaying reforms
Visakhapatnam girijans suffer exploitation by money-lenders
Call to protect Vembanad-Kole wetlands
Vaccine prices go up in some States post-VAT
No smart consensus
KSTC posts operating profit
Scheme to strengthen PDS kerosene distribution from Aug, says Aiyar
Pharma industry must focus on R&D, generics to exploit potential: CII
Textile industry fears dumping from China
Textile exporters `must get their pricing right'
`Delay in land development led to demise of many Mumbai mills'
AP wine dealers against cancelling of existing licences
CBSE results on AirTel
MBA course offer
India plans supersonic jet trainer facility
NRSA gets ISO certification
Are food chains awaiting retail FDI to set up shop?
SBH donates medical van to Ramakrishna Math
Expert to address power meet
Agenda for the week
Raw sugar imports: Industry worried over policy changes
Data discrepancies over textile exports
`Allow TUCS to exit from PDS sales'


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

Copyright © 2005, 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