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65/35 dyed fabric and depends on imported Dyed/Finished fabrics. It requires about 40000 yds. every day.
The management feels to set-up own production units considering the following :
(a) Export to Europe can attract GSP benefit up to 12% on FOB value of the Garments if the garments are produced from locally produced fabric.
(b) Buyer's productivity ? currently lead time for obtaining imported fabrics at lest 70 days in each production cycle, local fabric can reduce this lead time to 30 days , thereby enhance the makers ability to complete double production cycle in a year. This reduces the makers overhead and makes him more competitive...
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