The share India missed
Vector Consulting Group estimates that better coordination could lift India’s annual garment exports from roughly $** billion to $**–** billion. Its **** study cites sewing efficiency of **–** per cent, on-time delivery of **–** per cent and airfreighting of up to ** per cent of orders. These findings support the case for operational reform, but the $*–* billion figure remains a scenario rather than a measured loss.
According to TexPro, nine major Asian and regional suppliers exported $***.** billion of knitted and woven apparel to the European Union-** (EU-**), US, UK, United Arab Emirates (UAE), Japan, Canada, Australia and South Korea in ****. India supplied $**.** billion, up from $**.** billion in ****, but its share barely moved, from *.** to *.** per cent.
China, meanwhile, lost *.* percentage points of selected-supplier share. Bangladesh gained *.* points, while Vietnam and Cambodia each added about *.* points. India gained only *.** points. The sourcing shift happened; India largely watched it pass.
