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Related Keywords: American Apparel & Footwear Association, coming time, even without TPP, export growth, garment and textile exports to US, in Vietnam, likely to increase, Nate Herman, seeking their own investment opportunities, Senior Vice President, Southeast Asian country, supply chain, US garment and textile businesses, Vietnam continued to surpass rivals

The Southeast Asian country’s garment-textile and footwear exports to the US are likely to increase in the coming time, even without TPP, according to Nate Herman, Senior Vice President of the American Apparel & Footwear Association (AAFA) Supply Chain as the US garment-textile and footwear businesses are seeking their own investment opportunities in Vietnam after the US withdrawal from the Trans-Pacific Partnership (TPP) earlier this year.

Related Keywords: aCotton Corporation of India, acreage under cotton cultivation, as compared to previous year, CCI, cotton yield will increase, current crop season, expected to decrease around twelve percent, favourable agro climate condition, India cotton consumption, likely to increase, reduce dependability on cotton export

India’s cotton consumption is likely to increase to 313 lakh bales in the current crop season as compared to 312 lakh bales during the previous year, according to the Cotton Corporation of India (CCI).

Related Keywords: benefits of the new trade arrangement, beneifs of depreciated Indian rupee, China largest apparel exporter, cotton and manmade fiber, expectation of increase in global apparel trade, ICRA reports, Indian apparel exports, likely to increase, spinning and weaving, textile value chain, WTOs agreement on textile and clothing

India's apparel exports supported by the expectations of increase in the global apparel trade and partly due to benefits of depreciated Indian rupee in 2015 are likely to increase to $18 billion and to $20 billion in 2016 as against $16.5 billion in 2014, according to a report from investment information and credit rating agency ICRA.

However depreciated rupee is unlikely to remain as a sustainable advantage in long-term as India's market share in world's trade has not significantly changed despite depreciation of Indian rupee during last three years, it said in a statement.