What Factors Make India One Of The Best Fabric-Exporting Hubs Globally

What Factors Make India One Of The Best Fabric-Exporting Hubs Globally

India is one of the top textile-exporting countries in the world. This is made possible due to various factors that have helped the growth of the country's textile industry. The textile industry in India has flourished ever since colonial times, and favourable government policies since independence have played an important role in developing the industry into its current state. Looking at it today, five factors have helped in the exponential growth of India’s textile industry, which has helped it become a major global textile export hub. What are these five factors? Let’s find out.

5 Factors That Make India One of the Best Fabric Exporting Hubs Globally

1. Availability of Skilled Labour

Historically, India has been known for its highly sophisticated artisanship. This cultural heritage has been preserved by present generations, who have taken an overwhelming interest in developing the skills of manufacturing textiles and used it to create major textile hubs in different parts of the country. The skilled labour in India today is knowledgeable regarding the latest advancements in technology while also being tied to their cultural roots and ancestral knowledge of textile manufacturing. This makes the skilled labour in India unique and versatile, which is one of the major factors for the growth of the industry in India.

2. Existence of Robust Textile Industry

India has had textile hubs historically. Thanks to the cultural diversity of India, each region has its own textile hubs, which were developed hundreds of years ago and have been sustained ever since. The existence of major hubs has been a major factor in the development of export hubs in India since the manufacturing of quality textiles was already readily available in the country. Historically, textile hubs were located near coastal regions to make exports easier, and the same factors have helped the industry favourably even today.

3. Affordable Labour

Many countries across the world have skilled labour in the textile sector, but the labour costs in India compared to developed countries are significantly lower. Affordable skilled labour availability in India has helped the industry grow and has made it possible for local businesses to compete with international giants while maintaining the same quality standards.

4. Favourable Government Policies

To help the industry, the government has set up many special economic zones for export businesses to thrive in India. These economic zones have liberalised laws when it comes to exporting textiles and, as such, help businesses set up and grow their potential at an accelerated pace. Government policies have also helped in the setting up of major textile manufacturing hubs across the country. Lastly, there are government bodies that oversee textile exports in India and they offer support to businesses, allowing them to reach a larger global audience.

5. Low Production Costs

The last and most important factor that has helped India transform into a major textile exporting hub is the low production cost of textile in India. Most of the raw materials that go into the manufacturing of textiles are farmed locally, which reduces the overheads of importing raw materials. Thanks to the availability of affordable skilled labour and the existence of raw materials locally, the low production costs and international quality standards of textiles allow India to position itself competitively in the global textile exporting market.

Conclusion

These are the five most important factors that allow India to grow into a major textile export hub globally. If you are interested in joining the textile industry and being a part of India’s growth, feel free to check out CheerSagar. CheerSagar is among the top textile manufacturers and exporters in India, and they can help you meet your business orders and have them exported to your desired location anywhere across the world. Check out the website to learn more about the services.