In Next 5 Years India Could Emerge as the Largest Apparel Sourcing Hub

India : Global Leader in Apparel Sourcing "India has been at a cost disadvantage compared to few underdeveloped counties like Bangladesh, Vietnam and others. But this year, it was better as non-compliance issues and unethical business practices in underdeveloped countries have resulted an increase in orders to India." India could emerge as the largest center for apparel sourcing of apparel and private label clothing in the next five years, a top official of Apparel Export Promotion Council has said. "With China showing more interest in engineering and IT sector and Bangladesh being looked at as a non-compliant country, global players, both in traditional and non-traditional markets are eyeing India's potential for outsourcing with great interest," A Shaktivel, Chairman, AEPC, told reporters. Stating that India has been at a cost disadvantage compared to Bangladesh, Vietnam and others, he said this year was better as non-c...