According to latest reports, India is not at all recovering in the European market, which is a major setback to the country’s exporters. As per Apparel Resources’ analysis on the data, India declined both in knit and woven categories si
Data
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Indian rupee has depreciated by around 15% this year against dollar still the Indian manufacturers could not capitalize on the same in its apparel exports to USA.
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India’s apparel exports to EU has been dwindling of late. Despite fall in unit prices (€ 19.68 in the review period as compared to € 20.26 in the same period of last year) the country has failed to lift its export share in the Europea
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The 500-acre hub, which will be built as a ‘model RMG hub’, will be opening up employment opportunities to 1.5 million people in Bangladesh. Already massive investments have been bagged, more is being expected.
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India's apparel industry fluctuated in 2017 due to recent economic decisions demonetization and GST. However, the first half of 2018 has been positive in its strongest apparel market USA.
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India’s Apparel Exports to EU sharply recovered in January to April '18 period from the drop during Q1 ’18 as the exports in volume terms got a boost.
