Get all your news in one place.
100's of premium titles.
One app.
Start reading
Tribune News Service
Tribune News Service
Business
Enda Curran and Iain Marlow

Western shoppers are fueling a revival for made-in-Asia goods

Sanjay Janghala walks across a humming factory floor as 400 employees of Orient Craft Ltd. stitch together women's blouses and embroidered dresses.

"That's for Ann Taylor, that's for Gap," said Janghala, the factory head, before stopping to pick up a white dress. "This is for J. Crew. This is all value added. This is all cut by hand."

This factory outside of New Delhi is just one of Orient Craft's 26 facilities in India, which together export nearly 250,000 pieces of clothing a day _ more than 60 percent of which flow to the U.S. Annual revenues at the closely held company have grown steadily to more than $300 million.

It's just one example of how Asia's export engines are motoring again.

Buoyed by U.S. and European demand, shipments of everything from South Korean cars to Indian T-shirts have pushed exports from Asia to their highest levels to multi-year highs. Sleek smart-phone upgrades planned by Apple and Samsung are also helping as Chinese manufacturers hoover up components from around the region to build the handsets.

The trade rebound is happening amid worries over rising protectionism and a still fragile outlook for the world economy that raises the question: how long can the good times last?

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.