Coimbatore :

Overall products including garments made in India have got huge potential in the global market, according to a senior functionary from USA-based Sourcing at Magic.

“Many are inclined to source their requirements from India, keeping in mind all advantageous factors like political relationship, cultural relationship, quality manufacturing, communication angle and above all dependability and responsibility,” Bob Berg, Director (international Business), Sourcing at Magic from USA has said.

Bob was recently in Tirupur to interact with knitwear garment exporters on ‘how to do business with USA’ and avenues to develop contact with buyers and brands in the world market through the fair, Sourcing at Magic, scheduled at Las Vegas from August 14 to 17, Tirupur Exporters Association (TEA) president A Shaktivel said in a statement today.

While discussing the share of US apparel imports from India, Bob said that India contributed four per cent of US imports, with a growth of eight per cent, whereas China registered only two per cent growth Year on Year.

The given import scenario in US apparently revealed that there was good potential available to increase imports from India, thereby giving more avenues for Indian knitwear and apparels to US markets, he said.

Stating that SOURCING at MAGIC is North America’s largest, most comprehensive sourcing event, reflecting the fashion supply chain at its most complete, Bob said it offered unmatched access to over 35 countries representing the world’s most important markets.

The fair was also a convenient space for retail buyers, global importers, licensees and brands to meet and conduct business with offshore manufacturers like India and contract suppliers from the international manufacturing countries.

Sakthivel said he had urged Bob to focus specifically on sourcing from India by highlighting the virtual facts to all leading buyers and brands during their visit to the particular fair. NVM APR ABK

source: http://www.timesofindia.indiatimes.com / The Times of India / News Home / PTI / April 18th, 2016