India has clocked US $ 12.89 billion turnover from apparel and textile exports during April-July 2022, registering a growth of 2.15 per cent to reach.
According to DGCI&S data, which was further analysed by the Confederation of Indian Textile Industry (CITI), the export had valued US $ 12.62 billion during April-July 2021.
During July ’22, Indian textiles exports registered de-growth of 24.15 per cent over the same month of the previous year, while apparel exports registered de-growth of 0.6 per cent over July ’21.
Cumulative exports of textiles and apparel during July’ 22 have declined by 15 per cent.
During April-July ’22, Indian textiles exports have declined by 10.30 per cent over the same period of the prior year, while apparel exports have registered a growth of 22.46 per cent during the review period.
Cumulative exports of textiles and apparel during April-July’ 22 have registered a growth of 2.15 per cent on Y-o-Y basis.
T. Rajkumar, Chairman CITI stated that in the last few months Indian T&A Industry had been facing unprecedented challenges which are evident in the quick estimates of T&A export data released recently.
