Related Keywords: Chinese exports, Indian textile and apparel exports, labour unrest in Asian competitor, Make in India, OTEXA, readymade garments, US market
Indian textile and apparel exports to US have risen nearly 7 per cent during January-August 2014, according to the US Department of Commerce’s Office of Textiles and Apparel (OTEXA) data, compared with an average 2 per cent annual growth in the last five years.
The Centre’s ‘Make in India’ pitch seems to have already found resonance in the country’s textile and garment industry, with India’s exports to its largest single market, the US, headed for a record surge this year.