Home / Knowledge / News / Textiles / Textile exports finally turn positive
Textile exports finally turn positive
28
Apr '10
Textile exports in the country showed signs of revival with the exceptional increase in the exports e of raw cotton and yarn. However, the value-added sectors have not been able to stabilize themselves during the initial nine months of the current financial year.

Federal Bureau of Statistics (FBS's) data reveal that, for the period from July to March this fiscal, exports of textile products totalled to $7.579 billion, as compared $7.190 billion recorded for the corresponding period in the previous fiscal, thereby recording a 5.66 percent growth.

The overall rise in the textile exports was registered due to the exceptional rise in raw cotton exports by 141.59 percent, cotton yarn by 28.96 percent and yarn other than cotton yarn going up by 102 percent for the period under consideration.

On the contrary, other export items in the textile category either registered a fall or managed to record only a marginal growth and the key item amongst them were the value-added textile products for which the period under consideration portrayed a gloomy picture.

Cotton fabric exports witnessed a fall of 13.42 percent during the initial nine months and stood at $1.307 billion as against $1.509 billion during the corresponding period in the previous fiscal.

Knitwear exports too fell by almost two percent valuing at $1.290 billion as compared to $1.315 billion in the previous fiscal; whereas bed-wear exports registered a decline of 1.45 percent recording $1.257 billion as against $ 1.275 billion in the previous year.

Amongst other items, towel exports increased by 3.80 percent, tents, canvas and tarpaulin went up by 2.88 percent, readymade garments rose by 4.21 percent and art silk and synthetic textiles increased by 75.67 percent.

Textile exports would have increased even more, had the government not imposed a restriction on yarn exports by permitting only a specific quota from January this year, opined exporters.

Fibre2fashion News Desk - India


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Urmil Arya

Sushila International, a well established textile organisation established ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts
Eurofibers

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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