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Indian apparel exports fall marginally in Dec
04 Feb '12
1 min read
Apparel exports from India fell a marginal two percent from a year earlier in December 2011 after posting a gain of 24 percent in November.
Following a fall in demand from two major markets – US & EU, December garment exports touched US $1.14 billion.
These two markets account for 65 percent of clothing exports, said the Apparel Export Promotion Council (AEPC).
In the first nine months of fiscal 2011-12 beginning from April, apparel exports reached $9.7 billion up 25 percent from $7.7 billion in the same period of the previous fiscal.
Following a fall in demand from two major markets – US & EU, December garment exports touched US $1.14 billion.
These two markets account for 65 percent of clothing exports, said the Apparel Export Promotion Council (AEPC).
In the first nine months of fiscal 2011-12 beginning from April, apparel exports reached $9.7 billion up 25 percent from $7.7 billion in the same period of the previous fiscal.
Fibre2fashion News Desk - India
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