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Indian textile & apparel exports overshoot 2013-14 targets
16 Aug '14
1 min read
India has been able to achieve, in fact overshoot its targets set in the previous fiscal year 2013-14 for exports from its textile and apparel sector.
Albeit, the target for 2013-14 at $34 billion was down US $4 billion from the target set in its previous fiscal year 2012-13, however exports from the sector managed to cross $39 billion in 2013-14.
However, textile and apparel exports had a poor showing in 2012-13. Against a target of $38 billion, they could reach only $34.93 billion, according to the PIB website.
The best export performance was achieved in 2011-12 when against a target of $27 billion, exports touched $33.31 billion.
Albeit, the target for 2013-14 at $34 billion was down US $4 billion from the target set in its previous fiscal year 2012-13, however exports from the sector managed to cross $39 billion in 2013-14.
However, textile and apparel exports had a poor showing in 2012-13. Against a target of $38 billion, they could reach only $34.93 billion, according to the PIB website.
The best export performance was achieved in 2011-12 when against a target of $27 billion, exports touched $33.31 billion.
Fibre2fashion News Desk - India
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