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.
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