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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.

Bangladesh falls back by 45pc to achieve its jute export target

Related Keywords: acheive export target, Bangladesh falls back by forty five percent, demand and sale of jute products, implementation of Mandatory Jute Packaging Act, jute products, last fiscal year, manufactured by BJMC, Md Emaz Uddin Pramanik, raw jute export, registered a fall, Textiles and Jute Minister

Textiles and Jute Minister Md Emaz Uddin Pramanik on Monday told Parliament in the last fiscal year of 2014-15, Bangladesh falls back by 45 percent to achieve it export target of the jute-products, as some 117,953 tonnes of jute products were exported in the last fiscal year against the target of 215,540 tonnes.

While, in the current fiscal of 2015-16 against the target set to export 213,955 tonnes of jute product, some 7.55 million bales (1bale=180 kg) of jute was produced in the country.

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