Home / Knowledge / News / Apparel/Garments / Indian apparel exports show positive signs
Indian apparel exports show positive signs
Jul '12
Clothing exports from India are showing some positive signs at a time when exports of most of the Indian items are witnessing a gradual decline.
In spite of a slump in orders from countries like Italy, Spain and Greece, which are the hardest-hit by the Euro zone crisis, Indian apparel sector continues to receive orders from the UK, France, Germany and the Netherlands. Also, there has been a rise in orders from the US.
Based on the current positive signs, the Indian apparel sector is confident of achieving the export target of US$ 18 billion set for the current fiscal.
With over 7,000 apparel exporters operating with about 11 million workers, India’s garment exports during last fiscal stood at US$ 13.7 billion, slightly below the set target of US$ 14 billion.
Presently, the sector is organizing road shows to penetrate into non-traditional markets. In April this year, a delegation comprising of 45 exporters visited South Africa, while last month another delegation paid a visit to Scandinavian countries – Denmark, Norway and Sweden, which are not much hit by the Euro zone crisis. 
Further, incentives provided under the Market-Linked Focus Product Scheme for exports to the EU and the US, and interest subsidy of two percent, are also propelling exports from the sector. 
India’s textile and apparel sector has received bulk orders for exports during the coming months and the hence, the sector’s exports are bound to grow, according to the Commerce Secretary Mr. SR Rao.
The India-EU Free Trade Agreement, which is expected to be signed by the close of the current year, would help Indian apparel sector to gain greater market access to the EU markets, thus providing it an enhanced competitive edge with countries like Bangladesh, which benefits from duty-free exports to the US.
As per the data, clothing exports from India plummeted by 12 percent to US$ 3.2 billion during the first quarter of the current fiscal. 
India’s Ministry of Textiles is also optimistic that despite slump in demand from the EU and the US, the country’s textiles and apparel exports would be able to achieve the target of US$ 40.5 billion this year, up from last fiscal’s US$ 33 billion. 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 20th Jan 2017

Christopher & Banks revises fourth fiscal guidance

Specialty women's apparel retailer Christopher & Banks Corporation...

Textiles | On 19th Jan 2017

Pakistan imposes duty on Indian fine cotton yarn

A provisional countervailing duty ranging from Rs 26.89 to Rs 55.8 a...

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Interviews View All

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search