Apparel Exports news and archive

RMG exports surge with US revival

A fresh pick-up in supply orders from the US is helping reverse a 7.3 percent slide in India’s garment exports between April and December last year, the weakest performance since the 2008-09 global financial crisis, according to official and industry sources. Recently, India’s RMG exports to the US were witnessing downward trend owing to...

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Apparel exports fall despite strong dollar

Despite the strong position of dollar against Indian rupee, apparel exports from India to the US slumped 10.6 per cent in 2012 (till July) to $1.94 billion (Rs 10,167 crores), according to the recent trade data. The fall is the sharpest among major exporters of textiles and apparel products. While apparel exports from China and Bangladesh, major...

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India’s textile exports achieve $13.5bn target

India is looking forward to achieve an export target of $38 billion (about Rs 200,000 crores) this fiscal. This is 12 per cent higher than the previous year. Meanwhile it was able to close the fiscal at $13.5 billion (Rs 70,000 crores) in textile exports compared to $11 billion (over Rs 55,000 crores) in 2010-11. This despite a slowdown in...

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India’s apparel exports surge in February

The latest export figures released by Apparel Export Promotion Council (AEPC) for the month of February 2012, reveals that India’s apparel exports have reached $12,145 million in the month of February in the fiscal 2011-12. It’s grown at 18.9 per cent against the corresponding period last year. In February 2012, exports increased by 1.5 per cent...

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Duty-free access boosts Bangladesh industry

India announced duty-free access to items from Bangladesh through the trade agreement and after a month, in October. As a result exporters from there have registered orders for readymade garments worth an estimated $90 million from India. The order inflows in just one month amounted to a quarter of the $360-million worth of readymade garments...