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WELCOME TO SYNERG'S CLOTHING BLOG! A BLOG ABOUT HELPING YOU TO FIND THE RIGHT
CLOTHING MANUFACTURERS IN INDIA AND ABOUT VARIOUS CLOTHING MANUFACTURING
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CLOTHING MANUFACTURERS IN INDIA - WILL THEY BE AFFECTED BY THE WORLD RECESSION
2022?

7/26/2022

Comments

 
,Recession for clothing manufacturing industry in simple terms means decline in
clothing sales all over the world and in turn resulting in reduction of
quantities from the clothing buyers - which results in reduced clothing
manufacturing activity. Recession can happen for any number of reasons but the
World recession 2022 has happened mainly because of Covid-19, Inflation, Russian
- Ukraine war & the subsequent sanctions made by Europe and Russia.

Now the question is, will the entire clothing manufacturing industry, which
includes clothing manufacturers in tirupur, clothing manufacturers in bangalore,
chennai, mumbai and rest of India will be affected by the world recession 2022.
Answer is no. Not every clothing manufacturer will be affected by the recession.
If a clothing manufacturer has portfolio of buyers from varieties of different
countries and continents, then that clothing manufacturer might not necessarily
be affected by the recession - the reason being that different buyers caters to
different markets and different countries react to recession differently. For
Example:- Even during the Great 2008 Recession of the US, India's economic
growth was not affected substantially, after a slight tip, India's economy
bounced back. But if a clothing manufacturer is dependant on one single clothing
buyer and also manufacturers only for a particular country then there is every
chance that he will be affected by the World recession 2022. 

Therefore it is very important for the clothing manufacturer in India to work
with several buyers and also several countries so that effect of the world
recession 2022 will be very low. Now also is the time to use digital marketing
as a primary tool for your marketing efforts because with recession will not
allow the clothing buyers to travel often and they will use the internet as the
medium to start a relationship with the clothing factory.


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