After pushing India back to second position in global textile competition, Chinese textile raw material suppliers are giving a strong competition to domestic suppliers in Indian market also.
Fabric is mostly imported from China, Taiwan and Korea as these countries offer certain fabrics at lower prices.
Local home furnishing and apparel manufacturers are dependent on imported fabric to deal with garment and home textile demand.
Moreover, Indian fabric suppliers have failed to manufacture specialized fabrics like warp knit fabrics, fine woollen fabrics and corduroys, which are used to produce high quality apparels in Europe and the US. This has forced apparel producers to import fabric.
Fabric imports into the country have recorded an annual growth of 33 percent over the last four years, statistics revealed.