Apparel exports have increased by 18.1 per cent in January to Rs 5,193 crore as compared to the same month last year due to growth in demand from countries like the US, an industry body said on Wednesday.
The exports stood at Rs 4,398 crore in January 2010, the apex body of apparel exporters Apparel Export Promotion Council (AEPC) said in a statement here. “There was substantial increase in exports from previous month to countries like the US,” it said. US imports of apparel from India increased by 9.3 per cent from January to December 2010 to $3.1 billion.
However, India’s export to the European Union from January to December 2010 amounted to $5.56 billion with decline of 1.8 per cent.
Similarly, Canada’s imports of apparel from India from January to October 2010 accounted for $237 million with a decline of 9.2 per cent, it added.
However, the cumulative exports from April-January showed a decline of five per cent at Rs 41,771 crore compared to Rs 39,787 crore in the corresponding period last year.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.