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Indian garment exporters maintains per unit realization to the US market

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.

India garment exporters to explore Iran market

Related Keywords: although United States and EU are important markets, exploring new markets for textiles exports, exploring opportunities in Iran, Indian garment exporters, Indian textiles exporters, Ministry of Textiles, Rashmi Verma, reduce dependence on two regions for growth, reduce import duty on textiles and apparels, Secretary, tax authorities in Iran

Indian garment exporters are exploring opportunities in Iran, although the United States and the European Union are important markets for them, they are exploring new markets for textiles exports in an attempt to reduce their dependence on these two regions for growth, said Rashmi Verma, Secretary, Ministry of Textiles, on the sidelines of an event in Mumbai.

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