Asia to remain dominant player in garment sector in coming decade: Report

It identified India and Indonesia as potential recipients of manufacturing shifts and growth in terms of global apparel export share

Asia is expected to remain a dominant player in garment production over the coming decade even as China looks to reduce its apparel manufacturing operations and move up the value chain, analytics firm Fitch Solutions said in a report on Tuesday.

The outlook for the textile sector highlighted that India and Indonesia, which offer low-cost cheap labour and large domestic markets,may lose out due to the lack of conducive business conditions.

Even as China moves up the value chain, many other countries in Asia benefit from favourable labour market dynamics for apparel production, sufficiently predictable logistical connections to serve external