Textile and garment exports from India fell to US $40.76 billion in the April 2023 to February 2024 period, down 7.38 percent year on year from $44.01 billion.
Of this, clothing exports totaled $13.05 billion in the first eleven months of fiscal 2024, a drop of 12.87 percent as against $14.73 billion in the comparable months of fiscal 2023.
“In the period under review, exports of textiles fell slower at 4.2 percent year on year to $30.96 billion in the review period compared to $32.33 billion,” Commerce Ministry data revealed.
Amidst textile exports, overseas shipment of yarns declined $4.23 billion, down 5.67 percent vis-à-vis $4.47 billion in the eleven months of the earlier fiscal.
Indian Apparel.
