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India set to touch $ 50 billion in textile exports for FY15

Related Keywords: Clothing Manufacturers, CMAI, Garment Fair, Labour Laws, textile exports, Textiles

India is the second largest manufacturer and exporter of textiles and clothing after China is set to witness robust growth in textile exports this year although a slow moving growth was seen last year recording $40 billion against the set target of $ 43 billion, a shortfall of $ 3 billion. But during this financial year, textile exports is set to touch $ 50 billion.

Indian apparel exports likely to touch $17 billion mark this fiscal year

Related Keywords: AEPC, apparel industry, CMAI, Indian apparel export

India witnessed growth in its apparel exports in May to $1.49 billion a rise by 24.96 percent, despite sluggish shipment to established partners in countries like U.S. and Europe. The growth in apparel exports is mainly attributed to the strong demand from non-traditional markets like Latin America, East and West Asia and Southern Africa.

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