Indian Textile Industry-Porter'S Five Foreces

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Issue:

Book Reports

 

Written by:

Hannah C

 

Date added:

September 21, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 814

 

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2495 times

 

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Although China is likely to become the 'supplier of choice', other low cost producers like India would also benefit as the overseas importers would try to mitigate their risk of sourcing from only one country. The two-fold increase in global textile trade is also likely to drive India's exports growth...
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India's textile export (at US$ 15 bn in 2005) is expected to grow to US$ 40 bn, capturing a market share of close to 8% by 2010. India, in particular, is likely to benefit from the rising demand in the home textiles and apparels segment, wherein it has competitive edge against its neighbour. Nonetheless, a rapid slowdown in the denim cycle poses risks to fabric players...
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