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India’s garment export to miss its target of $18.73 bn for current fiscal

Related Keywords: AEPC, BTIA, compared to set target, current fiscal, economic slowdown, Indian apparel exports, just cross $seventeen billion, key markets, out bound shipment, over ninety percent, remained lower than expected

India’s apparel exports may just about cross $17 billion in 2015-16, just over 90 percent of its garement export target in the current fiscal compared with the target of $18.73 billion for the fiscal, despite the sector putting up a better show than textiles and mancy other merchandise segemtns, as outbound shipments to key markets like the US and Europe remained lower than expected due to an economic slowdown, sources said on Wednesday.

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