Impact of Xinjiang: Buyers are looking to India

26th August 2021, Mumbai:

The Okhla Garment & Textile Cluster (OGTC) held a virtual panel discussion on the impact of Xinjiang on the T&A sector recently.

Dr. A. Sakthivel, Chairman, Apparel Export Promotion Council (AEPC); Pallab Banerjee, Group President, Pearl Global; Dr. Ajay Sahai, Director General & CEO, FIEO; and PMS Uppal, MD, Pee Empro Exports & President, OGTC were among the panelists for the panel discussion, which was well moderated by Prashant Agarwal, JMD, Wazir Advisors. 

Industry insiders acknowledged that, as a result of the Xinjiang issue, customers are now looking to India, and that India, too, has the capacity, albeit labor and raw materials at the proper price remain major concerns. They also believed that the government should step in to limit the price of basic materials.

The cost of giving adequate training to an operator is approximately three times greater than the cost of equipment, according to the debate, and government policies on skill development need to be more flexible.

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