Global buyers like Walmart and Zara are expanding sourcing from Indian apparel units, as the sector takes greater steps to address the issue of child labor. The Indian Apparel Export Promotion Council (APEC) said the new orders may bring in more than $3 billion in business from in the current fiscal year.
Factory compliant manufacturing in India has rapidly increased, as new export orders have come in the current season. Many buyers have chosen to move goods into the country in recent months as factory disasters and a spate of bad news in traditional manufacturers has increased volatility within the garment sector.
New compliance measures mean greater opportunities for buyers looking to diversify their sourcing base, as India begins developing a tier of world-class, export oriented factories.