Global market of readymade change state industry is estimated at $183 billion USD The main factors which have contributed to the globalisation of military personnel apparel industry are: Labour-intensive nature of apparel production technology Loss of comparative cost advantage of certain countries Dramatic decline in transport and communication costs pursuit for production sites with lower labour costs Shift in apparel exports from more restricted to less restricted areas among the developing countries receivable to the discriminatory nature of the restrictions imposed by the Multi-fibre Arrangement (MFA) It is inform that roughly half of the total production capacity in the apparel industry has shifted from developed countries to less developed countries all over the past three decades. The fundamental factor which explains this relocation reason in the global apparel industry and the emergence of immature producing countries is the international differences in hourly wage costs in the clothing industry. Indian Scenario: Readymade Apparel industry provides one of the approximately fundamental necessities of the people. It is an independent industry, from the basic requirement of raw materials to the concluding products, with huge value-addition at every stage of processing. The readymade garments industry is component of a huge textile export market that consists of fabrics, made-ups, yarn, thread, fibre, woollen textiles, silk textiles and readymade garments. The global readymade... If you want to get a full essay, monastic order it on our website: Orderessay
Order your essay at Orderessay and get a 100% original and high-quality custom paper within the required time frame.
No comments:
Post a Comment