Many Indian Textile Orders Transfer Into China
Total imports and exports of goods grew 7.5 percent year-on-year in the third quarter, according to the National Bureau of Statistics. Workers make sports goods for export in a factory in Shijiazhuang, Hebei province, China
pic is from XinHua she
The reporter found in the investigation and visit that some private textile enterprises are eager to try the backflow of overseas orders, and some enterprises have begun to add new equipment and expand production capacity.
The reporter noted that although the textile industry export performance is excellent, but for some of the return orders, the textile and apparel industry is generally judged to be "emergency orders".
For enterprises, the expansion of production capacity may lead to the increase of production costs. Whether there is continuity of orders from overseas and whether enterprises have the risk of overcapacity is still an issue that the industry must consider carefully.