Home / Knowledge / News / Apparel/Garments / Indian apparel exports zoom 30.9% in Oct
Indian apparel exports zoom 30.9% in Oct
21
Nov '13
Releasing the apparel exports data for the month of October 2013, Dr A Sakthivel Chairman AEPC stated, “Apparel exports were to the tune of USD 1190 million in October 2013-14 with increase of 30.91 per cent against the corresponding month of last financial year. In rupee terms, the exports have increased by 53.3 per cent in Oct. 2013-14 over the same month of previous FY.”

Export in dollar terms for April-Oct. of the FY 2013-14 has increased by 15.5 per cent over the same period of previous FY and reached to USD 8259 million however, in rupee terms exports increased by 26.18 per cent compared to same period of last FY.

In April-Oct. 2013-14 in rupee terms apparel export of India was to the tune of Rs. 49096 crore compared to Rs. 38911 crore in April-Oct. 2012-13. In the FY 2012-13 exports in dollar terms declined by 6 per cent from previous FY and totaled USD 12923 million in April-March 2012-13.

Apparel imports of the United States witnessed increase of 3.7 per cent in the Jan-Sept of 2013 from the previous year and amounted to 61.1 billion dollars. In the Jan-Sept 2013, US imports of apparel from India increased by 5 % per cent and reached to USD 2542 million against USD 2420 million in Jan-Sept 2012. 

US imports saw increase from all major suppliers in Jan-Sept 2013 over the corresponding period of last year except for Mexico. In Jan-Sept 2013 India was at 6th position. India exported US$ 238 million apparel in Sept 2013 with increase of 15 % over the same month of previous year.

EU’s apparel import accounted for USD 47.8 billion for the Jan.-July 2013 with no increase over the previous year, India’s export to EU for the Jan-July 2013 amounted to USD 3.4 billion with 1% increase compared to same period of previous year.

Among the regions of destination, EU is the top most RMG export destination of India for April-August 2013 with US$ 2384.5 mn followed by North American region where exports were to the tune of US$ 1476.58 mn West Asia is the third largest regional apparel export destination of India with US$ 1043.33 mn for the same period. Among the regions listed below for India’s apparel export destination, exports have grown significantly to all regions except for the South Asia for April-August 2013 compared to same period of the previous year.

In terms of apparel export growth during April-August 2013 highest growth is registered by South East Asian region followed by West Asia, North America, EU, Latin America and Southern Africa. South Asia has registered decline in the apparel exports from India during April-August 2013 which may be attributed to the regional competition among the members of the South Asia as they are the significant suppliers of apparel in world.

AEPC

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


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