Wenzhou Clothing Enterprises Are Optimistic About India Market.

Here world Clothing shoes and hats Xiaobian of the network to introduce to you is Wenzhou clothing enterprises optimistic about the India market.

"India has been at the forefront of the lowest labor cost in the world, and the remuneration of production workers has increased from US $0.53 per hour in 1999 to US $1 per hour, while China is US $3 per hour." Recently, India Brandi Textile City (BIAC) to warm investment, the park. Attract investment Director Lin Yi Yu analyzes the charm of India market and the competitive advantage of BIAC from demographic dividend, broad market and low political risk.

Lin Yiyu, BIAC, is the largest exporter of clothing in Sri Lanka, Brandi J (Brandix), with a total investment of 1 billion yuan and a total area of 1000 acres (about 4 million 40 thousand square meters). It is officially recognized by the government of India as an integrated textile industrial park specially designed for large garment and textile enterprises. BIAC adhering to the "full supply chain management system" from "silk thread to shop", supports large-scale knitting, garment manufacturing, processing, printing and other production, and has a plug and play perfect infrastructure. The park has now entered into cooperation with international brands such as Martha and Vitoria, and BIAC's Ande Laban is also the third largest cotton producing area in India.

Regarding the stability of India's political environment, which is generally concerned by Wenzhou's clothing enterprises, Lin Yiyu believes that there may be security problems everywhere. However, India's situation has been stable in the past ten years, and BIAC has signed a tax exemption agreement with Japan.

Wenzhou City clothing Chen Qixiang, Deputy Secretary General of the chamber of Commerce, also believes that China and India have the foundation of trade friendly contacts since ancient times. After China proposed the idea of "new maritime Silk Road", the political relations between the two countries will be more stable, and hope that BIAC can provide deep services for the Wenzhou garment enterprises in the high-end market format, and expect the deep cooperation between the two sides. The Wenzhou garment and textile enterprises at the scene are also enthusiastic about the India market. They will go to the local group for inspection in early December.