Resource Disparities - Textiles
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Transcript of Resource Disparities - Textiles
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8/19/2019 Resource Disparities - Textiles
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India
A SHOPPER'S
PARADISE
Resource Disparities
TEXTILES
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India is famous for textile
products including cotton andsilk clothing, bed covers, table
cloths and wall hangings.
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One such product is a
Pashmina Shawl.
Real pashmina is a type of cashmere wool that comes from
pashmina goats in the Himalayas. It is very costly.
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These Pashmina shawls cost
around 8, 000-10, 000 ₹*
*Est. price for 80"-40" Shawls,Plain, Pure pashmina.(Retail 10,000-12,000₹)
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Whereas in markets such as the
United States, it is retailed foraround 200-600 $
(13,000-39, 000₹)
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With only the domestic to
internatioal trade markupgoing upto 400%;
Indian textiles, specificallypashmina shawls, are a trade
oppurtunity mostly untappeddue to high domestic demand.
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Indian traditional and hand-
crafted products have always been accepted in foriegn
markets
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Hand crafted jute bags, brass
sculptures, hand woven textiles have been exported to many
countries at growing rates.These include U.S.A. , U.K. ,
Sweden, Spain, etc.
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The government of India has
even set up institutions like theEPHC which look after the
welfare of handicraftsexporters.
Even leveraging trade barriersto promoting the growth of thisindustry.