>>
Home / Knowledge / News / Apparel/Garments / Garment exports up 28% by Sept

Garment exports up 28% by Sept

13
Oct '06
Ministry of Industry revealed that garment exports in September, this year, reached US $500 million with the US retaining its spot as the top market.

Entire garment exports during the January-September 2006 period earned $4.46 billion, representing year-on-year rise of 28 percent.

Le Quoc An, Chairman, Vitas, said that despite the significant growth textile industry is facing serious obstacles like lack of advanced technical resources and anti-dumping issues combined with stiff competition from export giant China and other Asian countries.

He also explained that garment sector relies heavily on imports for raw materials that is a major weakness.

However, International experts believe that Vietnam will be among the top ten garment exporters by 2010 with annual earnings of $10 billion.

Meanwhile, Ministry expects export revenue to reach around $5.8 billion by the end of this year.


Must ReadView All

Pic: Shutterstock

Textiles | On 19th Jan 2022

Supply bottlenecks, high prices, omicron affect growth prospects: ECB

The global economy is on a recovery path, although persisting supply...

Pic: Shutterstock

Textiles | On 19th Jan 2022

Inflation peaks months earlier in Turkey than expected

Turkish finance minister Nureddin Nebati said inflation would peak in ...

Pic: Shutterstock

Textiles | On 18th Jan 2022

Singapore, Bangladesh agree to conclude FTA early

Bangladesh and Singapore have agreed to accelerate the process of...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Gaurav Davda, Jindal Worldwide Ltd

Gaurav Davda
Jindal Worldwide Ltd

Indian MMF sector to become globally competitive

Textile Industry, Head honchos

Textile Industry
Head honchos

Uniform designing is a numbers game

Dr. A Sakthivel,

Dr. A Sakthivel

Incorporated in 1978, the Apparel Export Promotion Council (AEPC) is the...

Susan Bhaktul,

Susan Bhaktul

Established in 2000 as a liaison with the Government of India, Industree...

K Madhavan,

K Madhavan

Established in 2005 by P Manjunath, Peps is India's largest inner spring...

Dr. Sean Blamires, Evolution and Ecology Research Centre

Dr. Sean Blamires
Evolution and Ecology Research Centre

Using spider silk for clothing may not seem to be an attractive...

Sameer Sonkusale & Rachel Owyeung, Tufts University

Sameer Sonkusale & Rachel Owyeung
Tufts University

A team at the Tufts University in Massachusetts was recently in news for...

Serkan Gogus, Mogul Nonwovens

Serkan Gogus
Mogul Nonwovens

Mogul is a global player ranked among the top 40 nonwoven producers in the ...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Sunita Shanker, Label Sunita Shanker

Sunita Shanker
Label Sunita Shanker

Inspired by the rich traditional crafts of India, Sunita Shanker’s work is ...

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

Leave your Comments

ESTEEMED CLIENTS

Decathlon
Esprit Europe Services GmbH
Varner AS Retail
Restoque S.A.
PVH Corporation
Walmart
Bluestem Global Sourcing Limited
Permoda(Koaj/Armi/Pronto/Bkul)
Sateri (Jiujiang) Fiber Co.,Ltd
Gloria Jeans
SHAHI Exports Pvt Ltd
Gokaldas Exports Limited
Benetton Group
Alix Partners
Under Armour Global Sourcing Ltd
Cat Tuong Real Estate Group Joint Stock Company
John Varvatos
Deckers Outdoor (Guangzhou) Consultant Co., LTD.

January 2022

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


Advanced Search