India’s apparel exports fall 40pc in Oct ’17 | 2017-11-16 | daily-sun.com

India’s apparel exports fall 40pc in Oct ’17

    15th November, 2017 11:34:12 printer

NEW DELHI: There is a huge drop in India’s apparel exports, which fell by 40.75 per cent in October 2017 to Rs 5,398.08 crore compared to exports of Rs 9,110.75 crore in same month of the previous year. This includes garments of all textiles, according to the quick estimates of India’s foreign trade during the month, released by the ministry of commerce and industry.


Exports of man-made textiles, including yarn, fabric, made-ups, etc during the month dropped 8.26 per cent to Rs 2,309.57 crore, as against exports of Rs 2,517.51 crore in October 2016, reports Fibre2Fashion.


However, exports of cotton textiles, including yarn, fabric, made-ups, handloom products, etc increased by 2.21 per cent to Rs 5,369.97 crore over exports of Rs 5,253.96 in the corresponding month of the previous year.


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