Coronavirus impact China''s trade: India to benefit in apparel

India is expected to be a preferred market for sourcing of apparel products for buyers from US, UK Europe and Cana as tre with China h been affected due to vel coronavirus epidemic, Apparel Export Promotion Council Chairman A.Shakivel said on Wednesday. Countries which h been depending on China have learnt a lesson y should have an alternative market for sourcing and India was expected to be ir preferred destination since  Dragon nation's tre h been hit hard, he said.

Besides, UK's exit from European Union would also give an edge to India, he said in a release summing up  three-day 47th edition of India Knit Fair, which concluded at nearby hosiery town of Tirupur. Shaktivel, who is also Chairman of fair, said it was organised in backdrop of current ecomic scenario. Tamil Nu Handlooms and Textiles Director M Karunakaran, who was present on inaugural day, said state's Textile.

Policy would support growth of knitting and textile sector. fair featured summer and winter collections in knitwear for all groups, including infants, along with cotton, polyester, polycotton, Polyester-viscose blended fabric apparels, Shaktivel said. Specially me garments me from banana cotton, blend with 80 per cent cotton and 20 per cent banana fibre, attracted visitors.

As many as 31 buyers and 142 buying house and nts from different countries visited stalls during fair which was expected to generate business worth Rs.300 crore, he said. A total of 39 leing exporters from Tiruppur, Coimbatore, Chennai, and Kolkatta participated and displayed ir products.