Home / Knowledge / News / Apparel/Garments / Garment exports pick pace
Garment exports pick pace
19
Aug '10
There has been a surge in the garment exports from the country, as it grew by over 11 percent in July, over the previous month, but in spite of this, industry sources say that the country's key export industry has not entirely recuperated from the effects of the global slump.

As revealed by the Ministry of Commerce's statistics, garment and textile exports have gone up by 11.51 percent to US $298 million in the month of July as over the previous month.

Ministry of Commerce's Secretary of State, Ok Boung here said that, though there were indications of recovery of the garment sector, but still, exports still have not succeeded in touching the pre-crisis levels.

He said that, there are several competitors in the market, and the main challenge is to role out clothing at competitive prices.

Export data reveals that, shipments to the US increased 9 percent to $953 million during the first seven months, up from $871 million from the same time last year.

Also the figures speak of a 12 percent increase in the country's garment exports to the European Union which stood at $405 million. As also its exports to other foreign countries grew by 16 percent at $236 million.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Urs Stalder
Sanitized AG

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Jay Ramrakhiani
Occasions Elegance Wear

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search