India Textile And Apparel Exports To The United States Increased By 1.61% Over The Same Period Last Year.

2010/8/6 17:45:00 59

India textile national minister Panabaaka Lakshmi said that in January this year, in January -5 exports of textiles and clothing to the United States and EU countries increased by 1.61% and 11.66% respectively.

In a written report, she added that the government has taken action to expand India's market in Japan, West Asia, Africa and Australia in cooperation with the Textile Export Promotion Council.

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These initiatives will include India textile brands to be held in these countries.

exhibition

Xiu, the buyer and the seller meet to attend the famous textile fair and exhibition.

In 2009-10, India's clothing exports fell 2.64% to $10 billion 640 million, compared with $10 billion 930 million in 2008-09.

The main reason for the decline in exports is the decline in exports to the European market, no increase in exports to the US market, and prices from other countries.

compete

Such as Bangladesh and Vietnam.

According to the data of India garment export promotion association, India garment exports to the European Union 5 billion 680 million US dollars, accounting for 55% of the total clothing exports of India in 2009 over the years.

The United States is another major market for textiles in India. Exports to the United States account for 30% of India's overall clothing exports.