Challenges and opportunities of apparel exports sme cluster in Okhla: A case study

Okhla apparel export cluster, one of the significant contributors of Indian apparel export, always remains a major focus of researchers, industrialists and experts in private and government sectors. Our study aims to know the prospects and problems of SME clusters across the globe through an in-depth literature review, provides a SWOT analysis for Okhla cluster and later focuses on an empirical survey to understand the perceived threats of exports in the backdrop of present global economic crises. The survey reveals that strong international competition, volatility of exchange rate, instability of market and stiff competition have been perceived as major threats to the industry for exports.