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Indore garment traders/manufacturers in optimistic about festive sales

Indore, Madhya Pradesh, is a hub for readymade children’s wear. There are over 3,000 garment manufacturing units and the industry is worth about Rs 1,500 to Rs 1,800 crores. Sales of readymade garments are expected to rise by over 20 per cent this festive season due to a rise in demand from neighboring states and a strong local market.

Anticipation of better crop production due to good rains in the country is expected to enhance the spending capacity of consumers. Local manufacturers are expecting retail counters to witness a big jump in sales from October due to festivals such as Navratri and Diwali. Sales of garments have picked up since Raksha Bandhan and are expected to remain firm until the end of the year due to the series of festivals and weddings. This season orders for women’s wear and men’s wear have also come in from Karnataka, Tamil Nadu, Rajasthan, Gujarat and Maharashtra.

Garment demand is expected to slip a bit during mid-September but is again expected to pick up from October. Indore is the largest city and the commercial center of Madhya Pradesh. Manufacturing of readymade garments is done by very small manufacturers mostly at home.

 
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