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As per the latest data of Ministry of Textiles, India's exports of readymade garments jumped 33 per cent from INR72,592 crore in 2013-14 to INR96,523 crore in 2014-15. Experts opine that the stupendous uptrend will continue for the next three years. The expectation is based on three fundamentals. One, export incentives from the government, second, revival in demand from major markets such as US and Europe and, three, increase in manufacturing costs in China.
