PC delivers a stitch in time

8216;8216;We have announced a Rs 1,000-crore expansion after the budget. We feel the industry will benefit from this move,8217;8217; said a senior executive of the Vardhman Group, which exports 20-25 per cent of its output to China.

A garment manufacturer, however, said that China has a big advantage over competitors with its strong research on fashion and fabrics. He suggests that a research centre be set up at Ludhiana in association with an institute like NIFT, with Rs 50 crore state government assistance, to help make manufacturers here globally competitive.

But points out an entrepreneur: 8216;8216;These buyers don8217;t give an inch, they8217;ll ask for reduction in price if there is a reduction in costs, including levies.8217;8217;