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Related Keywords: Bangladesh and Vietnam, facing subdued demand trends, high raw material prices, Indian textile exporters, intense competitive pressures, key textile consuming regions, majority of exports from India, revision in DBK, unfavourable currency movement, US and EU

Indian textile exporters have been facing subdued demand trends over the past few years in the key textile consuming regions of the US and EU which accounts for a majority of exports from India as well as intense competitive pressures from nations such as Bangladesh and Vietnam due to high raw material prices in the past six to nine month, which has been aggravated by unfavourable currency movements as well as recent revision in duty drawback rates have only added to their woes.

Related Keywords: average for China fell, Bangladesh and Vietnam, compared to other large garment exporting countries, expanding market share, including China, Indian garment exporters, maintain per unit realization, Office of Textiles and Apparel USA, past three years, recorded decline in their per unit realization, share rose by 80 basis points, US market

Indian garment exporters not only maintained its per unit realization to the US market but also expanding its market share compared to other large garment exporting countries including China, Bangladesh and Vietnam who have been recording decline in their per unit realization to the US since the past three years.

According to the data from the Office of Textiles and Apparel (OTEXA), USA, the average realization per square metre equivalent of apparels exported by India to the US has been in the range of $3.4-3.6 since 2014.

Related Keywords: Apparel Export Promotion Council, Bangladesh and Vietnam, called for strategy and pragmatic approach, China, depreciation of currencies of its competitors, Indian garment shipments hardly picking up, owing to a strong rupee, to arrest the rise of the rupee

The Apparel Export Promotion Council (AEPC) an apparel exporters’ body called for a carefully considered strategy and a pragmatic approach to arrest the rise of the rupee. As India’s garment shipments are hardly picking up owing to a strong rupee and depreciation of currencies of its competitors like China, Bangladesh and Vietnam despite government's intentions and support to the industry.

Related Keywords: Bangladesh and Vietnam, competitiveness of cotton, cotton consumption of China, exporting around USD thirteen billion, fall in cotton consumption, forcast five percent down, ICAC, low value added textile produt exporters, non-cotton producing countries, Pakistan, textile products, twelve percent, value addition over four time higher

Pakistan likely to see a fall in cotton consumption to 2.2 million tons, a decline by 12 percent this year, by consuming 2.2 million tons of cotton it would be exporting around $13 billion of textile products. This was revealed in the monthly cotton update by the International Cotton Advisory Committee (ICAC).