The global apparel demand is expected to boost at a steady CAGR of 5 per cent to grow from the current $1.9 trillion to reach $2.6 trillion by 2025.
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The Vietnam Textile and Apparel Association (VITAS) recently announced the targets to achieve USD 55 billion from apparel exports and creating three million jobs. The targets were shared at the sixth congress of VITAS, held in Hanoi.
Readymade garments exporters have asked the government to expedite free trade agreements with high potential markets such as the EU, the UK, the US, Australia and Canada which could lead to exports doubling in three years’ time.
Readymade garments exporters have asked the government to expedite free trade agreements with high potential markets such as the EU, the UK, the US, Australia and Canada which could lead to exports doubling in three years’ time.
Readymade garments exporters have asked the government to expedite free trade agreements with high potential markets such as the EU, the UK, the US, Australia and Canada which could lead to exports doubling in three years’ time.
Readymade garments exporters have asked the government to expedite free trade agreements with high potential markets such as the EU, the UK, the US, Australia and Canada which could lead to exports doubling in three years’ time.
After a staggering 38 per cent jump in October, India’s textile and apparel exports growth moderated to 14 per cent in November due to a sharp volatility in the rupee against the dollar.