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Indore’s garment industry eyeing 10% rise in business amidst festive sales

Updated: Jul 11, 2023 02:33:26pm
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Indore, July 11 (KNN) The Indore based garment industry is eyeing for over 10 per cent rise in the festival business starting Rakshabandhan amid enquiries mostly from the southern states of the country.

Readymade garment players and cloth traders have started buying clothes, though a pick-up in purchases will be seen from mid-August, reported TOI stating an industry players.

Indore, is a major trade centre for clothes and readymade supplies across the country.

Maharaja Tukojirao Cloth Market Merchants Association Secretary Kailash Mungad said, “Past months were bad for our sector but now we are hoping for better sales. Full-fledged purchases will start from August while enquiries from outstation players have already started coming in the market.” 

Rajpal Agrawal, a readymade garment manufacturer from Indore said, “Season is approaching and preparations have started like responding to enquiries, looking at the trend and purchase of fabrics. We are anticipating a better season this time amid enquiries from the buyers.”

As per the association, the annual sales of clothes in Indore is estimated to touch Rs 800-Rs 1,000 crore.

Major states where Indore supplies its fabric and ready-mades include Kerala, Andhra Pradesh, Tamil Nadu, Maharashtra, Rajasthan, Uttar Pradesh and Chhattisgarh.

KNN Bureau

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