Contract Manufacturing and its role in the apparel industry

-

 Such a lesser-known fact is that Indian contract manufacturers work for some major brands like Nike, Adidas, H&M, Gap, Puma and so on. The similarity that can be seen here is that all these brands come under one section – Apparel.  The apparel and textile industry in India is almost as old as the country itself and holds immense potential to double its current share in the global trade in the upcoming years.

 


India is 2nd largest global producer of apparel and textiles and contract manufacturing has played a major role in its growth. Contract manufacturing services act as an excellent strategy in the Indian apparel industry because there is no need for the brand to expand its manufacturing capabilities to increase production. Industry Experts connects you with the best contract manufacturer who take care of the production as per the order of the brand.

 

The textile and apparel industry is one of the leading segments of the Indian economy and the GOI’s Apparel Export Promotion Council has stated that India’s apparel exports will grow by 10% per year during the next 5-10 years. What has made it possible are the brands who use contract manufacturers to increase the production without spending huge amounts on the manufacturing facilities and keep the fibre to garment process hassle-free.

 

Apparel manufacturing is a labour-intensive industry and employs about 38million people, making it the largest source of industrial employment in India. Now, it becomes quite difficult task for a brand to find contract manufacturers in India who can offer several benefits and also help in matching the level of other competitors in the industry globally in terms of faster releases of the products. Industry Experts makes the process a lot easy by providing a complete catalogue on their portal to choose the suitable manufacturer in India who can match the business needs. The primary reason why many companies go for contract manufacturing is cost-effectiveness. It not only saves unnecessary expenses but also minimizes the time to market.

 

Log on to www.industryexperts.co.in to know more.

Comments

Post a Comment

Popular posts from this blog

How to choose the Best Sourcing Company for Your Business

-
Image
  A significant number of modern companies have recently turned to the manufacturer sourcing activities to reduce their production costs. In addition, they will lower their goods and services costs. In this respect, the position of manufacturing sourcing  enterprises is significant. However, it is not easy for businesses to select a Manufacturer sourcing in India . Before you deal with a sourcing firm, you have to look at certain things. Until choosing a procurement organization, businesses must weigh the following factors: Knowledge: Often manufacturer sourcing firms do not have proper knowledge of goods and services they are dealing with. These corporations can be avoided by entities by all means. Always choose manufacturing sourcing in India businesses who know the manufacturing processes. When enterprises choose these vendors, they do not adhere to quality requirements on their goods and services. Authentic procurement agencies such as Industry Experts inspect the output du
Read more

How B2B Sourcing Platforms Enable Your Business to Acquire Wider Reach?

-
Image
  As per Statista, global business-to-business (B2B) sourcing transactions totaled $12.2 trillion in 2019. The emergence of the B2B marketplace is among the most influential developments in B2B eCommerce. The importance of this B2B sourcing platform cannot be overstated, as it has reinterpreted the trading relationship between B2B buyers and sellers while still acting as a networking hub. If the trend seeks to spread, conventional B2B wholesalers and distributors have a tremendous opportunity to adopt the online marketplace paradigm and obtain a strategic edge.   As a result, B2B solution providers are witnessing dramatic shifts in buyer tastes and software procurement methods. In addition, the study showed that more than 80% of businesses no longer purchase software according to a calendarized buy schedule. Rather than waiting for the next update or purchasing cycle, more than 50 % of the respondents have said that they are willing to make a purchase as soon as the need emerges.
Read more

India – An attractive manufacturing and sourcing destination

-
Image
India has emerged as an attractive manufacturing sourcing destination in the past couple of years and has a lot to offer as the world’s fast-growing economy. The manufacturing sector in India is fast developing into an investment hub for many foreign players who have already shifted their sourcing to India and are benefitting from the same. But, before proceeding to more details, it is important to understand what manufacturing sourcing is and what a manufacturing sourcing company do. Manufacturing Sourcing – It refers to the concept of searching for a supplier that would help the client company in meeting its objective in terms of cost, quality and deadlines as well as performance. The sourcing consultant from a manufacturing sourcing company helps the client on both professional and personal levels which further helps in making the production stage much smoother. The primary advantage of the services provided by the consultant includes cost savings and improved efficiency. Some mor
Read more