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Indian textile & apparel exports drop 7.6% between 2018 & 2023

India’s textiles and apparel exports have stagnated and dropped over the last five years by 7.6 percent to US $34.24 billion in calendar year 2023 from $37.16 billion in 2018. “On the other hand, China, Bangladesh, and Vietnam dominate global garments trade,” a report titled ‘Regaining textile glory’ by Global Trade and Research Initiative said. […]