Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

India’s textile and clothing exports to grow by the end of this fiscal

With the easing of trade tensions between the US and China, textile-related exports are likely to register a positive growth by the end of this fiscal. Besides handicraft and jute products, exports of all the other textile-related products declined in October. The exports of cotton yarn, made-ups and handloom products declined by 6 per cent while the exports of man-made yarn, fabrics and made-ups declined by 5.69 per cent during the seven-month period from April to October.

Textiles and apparels declined by 3.21 per cent. Of this, textile exports slid 4.15 per cent. For the seven-month period, these exports declined by 8.84 per cent. Though apparel exports also declined in October, they moderately rose during the seven-month period over last year.

Production of textiles and clothing in September was down by 2.6 per cent and almost flat for the 6-month period.  Carpets witnessed the steepest decline in percentage terms — 16.87 percent. A saving grace was handicraft exports, which grew by 7.66 per cent. Jute product exports also went up by 9.75 per cent.

 

 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
VF Logo