India’s apparel exports downturn may continue and is expected to decline by overall 10 per cent in FY19, a senior industry official said. In 2017-18 exports declined by 4 per cent to $16.7 billion.
Browsing: apparel exports
India’s apparel exports to the US rose 4.3 per cent y-o-y in January 2017. Export volumes increased 8.6 per cent but export realisation fell four per cent.
Kenya is stitching together a policy to boost textile production and measures include allowing textile firms in export promotion zones to sell up to 20 per cent of their produce locally without paying duties.
According to a KMPG report, FDI equity inflow in the Indian textile and clothing (T&C) sector has surged 16 per cent in FY 2015-16 over FY 2013-14.
During the first nine months of the current year, Indian apparel exports have declined by (-) 0.08 per cent to $2,876.59 million as compared to $2,878.79 million in the corresponding period last year. I
Kenya plans to revive its cotton industry, a major foreign-exchange earner until the 1980s, amid strong demand for lint from domestic mills and the potential to supply manufacturers exporting clothing and textiles to the US under a preferential trade deal.
During the first nine months of the current year, Indian apparel exports have declined by (-) 0.08 per cent to US $ 2,876.59 million as compared to $2,878.79 million in the corresponding period last year. In September particularly, India’s apparel export percentage to the US changed from positive to negative; till the end of August this year India’s growth (albeit marginal) was up 0.06 per cent.