Related Keywords: access to common markets of US and EU, basic garment, casual fashion garment, China in high value, depreciation of yuan, face potential threat, fall in exports growth rate, hand embodied, India has strength in value added, Indian apparel exporters, International Apparel Federation and Clothing Manufacturers Association of India
India has its strength in the value-added, hand-embodied, casual fashion garments consisting of small orders, whereas China has its strength in high value, basic garments. The depreciation of Yuan, if continued further, after yarn, the Indian apparel exporters would face a potential threat as both the countries have access to the common markets of US and European Union, according to Rahul Mehta, President International Apparel Federation and Clothing Manufactures' Association of India.
