Hmm its possible. In India I bought stitched suit for ~350$, and store bought for ~100. The tailor was best in class (two extremely well dressed men who probably made more money than me took multiple measurements and I had to go to the store three times), the cloth was best in class too. But on the other hand I bough tailored work pants for ~7$, and store bought for ~15. This tailor while talented, ran a poor mans store, even his best cloth lacked a little in elegance. I am just telling you my experience, you can guess though that one could find someone in India who can tailor the perfect cloths for you at a price that beats "some" store cloths.