Good Christmas Sales Excited India Textile Exporters.

2011/12/14 9:03:00 9

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Good Christmas Sales India Textile Exporters Are Excited.

Good sales before Christmas are exciting for India's textile and clothing exporters. They expect to export this year.

Sale

At least 15% more than last year, although the EU is experiencing a debt crisis.

"This year

Sales volume

It's much higher than last year.

Last year, the world went out of recession.

This year's situation is much better. Our sales increased by about 15-20% compared to last year, "said Pradeep Mukherjee, President of global sales and marketing at Himatsingka Seide, a major textile exporter.

"The overall impact of the EU crisis has had an impact on everyone in the industry, but not for everyone.

Exporter

They all have special effects.

We see the partial effects, but the impact is very small, "he added.

Mr. Sudhir Dhingra, President and general manager of India Oriental Handicraft Co., Ltd., said: "our sales have increased again this year.

Clothing sales growth in the western world is second only to food.

This is because their habits and consumption patterns are very different from those of India consumers.

"Providing quality products and great fashions at competitive prices is the biggest challenge that our industry must understand today.

Our sales continue to grow, though the market conditions are changing.

I expect sales to be less than at the end of this year, which is about 15-17% higher than last year, "he added.

"The devaluation of the rupee will help us and all the exporters to expand their exports, but most of the companies have signed forward contracts, so we won't get much profit in this quarter and the next quarter.

Starting in March, we will benefit from the current exchange rate, "he added.