Future of textile industry in Kolkata?
Kolkata Textile Market Information and overview Another massive textile market India is that of Kolkata. Kolkata cloth market is significant in more than one ways. The manufacturing of clothes from the material of Jute has set Kolkata cloth market at top position in the cloth market in the country. As much as $4.7 bn worth of textile products are manufactured and sold in the Kolkata cloth market. The market is majorly dominated by the small traders and retailers who sell the clothes nit by margin but based on volume. The huge volume determines better profits. The Yarn wholesalers and retailers in Kolkata have these days lost a significant portion of their business from the premier retailers and foreign players in the city. The branded products are slowly taking over the wardrobes of rich & middle class families. The leading top textile companies of Kolkata have decided to move their operations in Kolkata due to availability of cheap labor and capital. The mark...