China’s loss is India’s gain in the textile sector, but it’s not that easy

NEW DELHI : A few months ago, a large German brand, which has been sourcing T-shirts from China for many years, reached out to a supplier in Tirupur, Tamil Nadu’s famous textile hub. Enquiries were made, due diligence done, and the company then promised a four-lakh piece T-shirt order for this fiscal to Warsaw International. Raja Shanmugham, managing director of Warsaw, says the brand indicated it wanted to shift a part of its business away from China but did not want to discuss the reasons for doing so. “In the last few months, many Tirupur-based suppliers have seen increased orders from international brands and we think this is at least partly due to their lessening dependence on China. But no customer has said so clearly," he says. For more information please refer to https://www.livemint.com/industry/manufacturing/indias-textiles-need-to-weave-a-new-story-11652724146915.

Impact Of Russia-Ukraine War On Global Apparel Industry

The impact of the Russia and Ukraine war on global cotton textile industrial chain is gradually expanding.

Among the major import origins of textile and apparel in Russia, the proportion from China takes a high of 43.8%, followed by Italy 8.1%, Bangladesh 6.4%, Republic of Belarus 6.3%, Turkey 6.1% and Vietnam 6.1%.

Viewed from the China and Russia relations and global trade change, the market shares of China in Russian textile and apparel imports may increase further in long run, to fulfill the supply gap caused by the sanctions from Europe and US. For China, the textile and apparel exports to Russia take a very small proportion, easy to meet the new demand from Russia. However, restrained by the large export shares of EU, Japan and US for China, if the war influences the relations between EU, Japan, US and China, China’s textile and apparel exports may face obvious pressure. in order to read more please refer to https://www.abiteks.com.tr/blog/impact-of-russia-ukraine-war-on-global-apparel-industry.