Industry experts, while speaking at the recently concluded ASW-organised V-Expo, were of the view that Indian apparel exporters are fast heading towards the right direction.
The general view was that majority of apparel exporters were doing everything right as preferred suppliers to their respective buyers.
While speaking at the panel discussion on ‘Preferred Supplier in The New Normal’, the industry experts, however, added that it was necessary for the apparel exporters to maintain the same momentum in 2021 as the new year will continue to pose global business challenges such as retail bankruptcies, smaller MOQ, tight costing, amongst others.
The panellists included the likes of Mridula Lall, Global Sourcing Manager, Indiska; Sanjay Thakur, Sourcing Director, Ethical Sourcing; Venky Nagan, Group CEO, Asmara and Alpana Razdan, Country Manager (India and Bangladesh), Falabella.
Anika Passi, Global Sourcing Expert, was the moderator of the show.
Speaking about the threat from China, the panellists cautioned that China was definitely down at this moment, but they were much in the race and cannot be overlooked.
China was continuously investing in many countries and therefore there will be indirect competition for other destinations, going forward.
It is 2021 and it will be interesting to see whether the apparel countries are able to maintain the momentum.
Come and visit ASW Marketplace to ensure you don’t miss such discussions!
Bharat Tex Special Report 2026 
