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Value-added textiles post exponential export growth
13
Dec '10
Exports of the entire value chain of the textile industry, from the basic to the various value-added sectors, has grown by over 20 percent in terms of value, during the initial three months of the current financial year.

The exports of the value-added textile sector, in particular, have registered an exponential growth of around 27 to 100 percent.

The silk, art and synthetic textile exports have registered a growth of 100 percent and rose from $112,149 during the July to October period last year to $224,339 during the corresponding period this year.

RMG exports too grew by 38 percent to $541,660 in October this year, as against exports worth of $391,334 recorded during October last year. Further, the exports of made up articles, too, grew by 28 percent from $154,902 in October 2009 to $198,713 in October, this year.

Meanwhile, the cotton cloth exports also grew from $579,850 in October 2009 to $733,905 in October 2010, thus witnessing a year-on-year rise of 27 percent.

Moreover, yarn apart from cotton yarn, too, has registered a year-on-year growth of 25 percent to grow from $10,257 in October 2009 to $12,816 in October this year. Likewise, knitwear exports too grew by 21 percent from $621,062 in October 2009 to $753,900 in October this year.

Bed-wear exports also went up by 15 percent to $664,713 in October, this year, as against $579,095 in last October. Towel exports have also registered a rise of 14 percent from $214,797 in October last year to $244,086 in October, this year.

Fibre2fashion News Desk - India


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