Apparel Exporters Keep an Eye on Japan, Oz and Canada, Retail News, Retail ET
skin exporters of Tirupur and noida has begun to exploit the market of Japan, Canada and Australia amid concerns that a deepening recession in the US and the European Union – their main buyers – will affect their trade, which recorded good growth last month.
“Japan now buys 5% skin request from India. But with Covid once again spreading in Chinait is looking at alternative countries to supply ready-made garments,” said lalit thukralpresident of Noida costume export cluster.
“We’ve met with top Japanese buyers and expect them to be able to move 15-20% of their purchases to India.”