Textiles sector likely to accomplish $ 70bn exports by 2014 - EXIM learning
Exim Bank's latest study termed 'Textile Exports: Post MFA scenario - schemes and Challenges' observed that the Indian textile sector has potential to reach an export value of US $ 70 billion by 2014.
case study observed that the Multi-Fibre deal (MFA) confined trade in textiles and clothing through a system of quotas. The post quota regime, in this way, presents opportunities and challenges for Indian textile and clothing industry.
the analysis noted that the clothing sector would offer higher gains than the textile sector, In the post MFA program. far more, the learning also observed that China,timberlands, india, Pakistan, Taiwan, Hong Kong,timberland heren, brazil, philippines,timberland heren, Turkey and Egypt would emerge as players in the post quota regime. The determinants of
increase / decrease in market share in the long run, but nevertheless, relies upon the cost, Quality and timely delivery associated with players.
The study estimated that for the forseeable future (1-2 long years) It would be your apparel market in USA and EU,timberland laarzen dames, Which would be providing opportunity to developing countries like India. Labour intensity of garment output would enhance potential gains for developing countries like India.
In over time,timberland schoenen heren, (according to 2014), Even the textile sector would offer business opportunities, As many high cost countries would lose their competitive position on view trading environment. also, The study also observes that eventually, generally intra-EU trade would be reduced providing additional solutions for developing cou.
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