- Phone
- 91 - 44 -...
- Country
- IndiaIndia
- Address
- 45 Ramasamy.st chennai
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India Near Chennai
Company Description
Professional Buying House
SMAIMEX Apparel Buying Services Pvt.
ABOUT
INDIA
Geographically India occupies a strategic location and linked to important trade centers in the west and East b
y air and sea. Latest state of art communication systems has been introduced to meet the requirements of the rapid industrial and trade growth. India with its multitude of skilled workers coupled with liberalisation of economic policies by government and modernisation of the industry is expected to boost the exports of varieties of commodities thus offering unlimited opportunities for the international trade
GARMENT EXPORT TRADE
With a modest beginning in early sixties, the export of
readymade garments from India has registered a consistent and imperative growth rate of 30% over the last three decades. The exports of readymade garments alone contribute almost 15% to the countries foreign exchange revenue. Total contributions from exports of Textiles constitute almost 30% of foreign exchange. On a rough estimate two million people are earning their living from the RMG (Ready Made Garment) trade earnings. Inspite of these impressive statistics India's share in international RMG trade is less than 3% which indicate the tremendous scope that exists for the growth of the Industry.
RMG industry in India
is buoyant and after decades of exposure to international competition, it has identified its strength, weakness and constantly endeavoring to upgrade the manufacturing facilities, boots the production and improves the quality of the merchandise. Government of India, under its liberalisation policy has also moved to remove the bottlenecks in the growth of industry .Target set for the export of textiles by the turn of the century is US$ 20 billion.
SCOPE
Beside RMG, India offers a wide
scope for Textiles, Made ups, Leather and Leather products, Hosiery and accessories. With the adoption of modern production techniques and quality assurance systems (Promotion of IS
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