Sales of readymade garments in Indore are likely to jump by about 15 per cent in the coming months led by wedding purchases. Most of the demand has started pouring in from rural areas and the trend is likely to continue till the end of June. There are around 3,000 garment manufacturing units in Indore.
A rise in income of farmers after better crop production in the kharif season has lifted the purchasing capacity of rural buyers. Enquiries from local and outstation wholesale buyers have also picked up and are likely to improve further in coming weeks. Looking at rising demand, traders have started building up inventory. Orders are coming in from Madhya Pradesh, Rajasthan, Gujarat and Maharashtra. Demand is mainly coming for wedding dresses and ethnic clothes. Festivals and weddings are the peak season for sales of garments. The wedding season starts from November and extends until June.
Indore is known in the country for garments and cloths that are supplied to states such as Karnataka, Tamil Nadu, Rajasthan, Gujarat and Maharashtra. Annual sales of garments and clothes from Indore are worth Rs 1,000 crores. There are a number of textile mills in the region and Indore is the bastion of wholesale garments. There are a number of firms involved in the export of textiles and such business firms contribute a lot to Indore’s economy.
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