Forecasting about the Asian region, he avers, “There will continue to be excess capacity built to serve the promise of a high growth market, especially in China. Despite the ongoing over capacity in Asia, the region’s rise is likely to fuel the continued building of capacity, which would gradually be used in the near future. The move to build capacity is also pushing existing companies to expand their operations and therefore contributing to a cycle of expansion in various sectors.”
Fibre2fashion News Desk - India
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