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India tops its position in knitwear exports to US

Related Keywords: Boys cotton knit shirts, clocked number one position, data released by Office of Textile and Apparel, first time in the history, Indian garment exports, slowdown in China, terms of market share, Tirupur Exporters Association, to US in category Men, US department of commerce, US market gives a level-playing field

India's garment exports to US in the category Men/Boys cotton knit shirts has clocked number one position in terms of market share, it is for the first time in the history due to the slowdown in China. According to the data released by Office of Textile and Apparel, US department of commerce, India exported 8.5 million dozens of men/boys cotton shirts to US. India's share in total men/boys knitwear shirts import in US stood at 8.7 percent in June.

India's garment exports expected to touch USD20 bn in FY18

Related Keywords: clocked fifteen percent growth, CMAI, during the current fiscal, favourable special apparel package announced, fifteen to eighteen percent growth, following improved market conditions, garment exports expected to register, Indian garment exports, last fiscal year, touch USD twenty billion, US and other markets, USD seventeen billion

India's garment exports clocked 15 percent growth at USD17 billion in FY17 now following improved market conditions in US and other markets, the garment exports are expected to register a 15-18 percent growth to touch USD 20 billion during the current fiscal.

The US market, which consists of 30 percent market share is doing reasonably well and they are also looking at good exports potential to South America, European, Middle East and Japanese markets this year, said Clothing Manufacturers Association of India (CMAI) president Rahul Mehta.

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