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India: A Big Textile Outsourcing Hub

Under the World Trade Organization (WTO) Agreement on Textiles and Clothing, the textile quota scheme of quantitative import limitations under the multi-fiber arrangement (MFA) came to an end on 1st January, 2005, hence developing countries like India will flourish in the new competitive atmosphere and as a result, the Indian textile industry will have a stronger place in both their export and domestic markets. All along with its usual yarn and fabrics, at present India is exporting more than 100 garment product range. Many worlds' leading brands like Banana Republic, Tommy Hilfiger, Gap, Liz Claibome, Polo etc, are sourcing products from India.
Read more at: http://ezinearticles.com/?India:-A-Big-Textile-Outsourcing-Hub&id=367797.

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