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Textile exports & investment maintain rapid growth in April
May '11
Textile exports and investment maintained rapid growth in April as per the data released by the Ministry of Industry and Information Technology for the period from January to April this year.

In April, export value of textiles, clothing and footwear maintained rapid growth of 37.2 percent, 36.2 percent and 26.6 percent, respectively, year on year.

In April investment in textile industry increased by 29.2 percent year on year, investment in textile manufacturing, leather, fur feathers (down) and its product manufacturing increased by 39.9 percent and 42.4 percent, respectively, year on year. Investment in fiber industry grew by 80.5 percent year on year.

Export delivery value of light industry and textile industry increased by 23.1 percent and 20.2 percent, respectively, year on year. Among major products, yarn, cloth, clothing increased by 7.1 percent, 10.5 percent and 9.6 percent, respectively, year on year, while fiber grew by 7.5 percent year on year.

Fibre2fashion News Desk - China

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