Related Keywords: cotton yarn sector, decline in demand from China, garment and home textile export, in exports, Indian textile and clothing sector, major market for cotton and yarn exports, need support to upgrade technology, see slow growth, to be good
The Indian textile and clothing sector likely to see slow growth in exports this year, especially sectors such as cotton yarn due to decline in demand from China, according to industry sources. Last financial year it had registered 41 billion dollars worth exports.
The sources said that China was one of the major markets for cotton and yarn exports from India. Though textile mills were now exporting to countries such as Bangladesh, Vietnam and Cambodia, the demand from China was huge.
