petak, 25.06.2021.

The apparel exports held back the growth in total exports

The decline in India’s apparel exports in FY19 was primarily driven by a sharp decline witnessed in shipments to the United Arab Emirates (UAE) from July 2017 onwards. But October onwards, exports showed a recovery against the low base of the same months in the previous fiscal.The apparel exports held back the growth in total exports in FY19 at $35 billion.1 billion is still 7.47 per cent lower.4 billion, FY19’s export of $16.706 billion in FY18, as per the data from Confederation of Indian Textile Industry.66 per cent.13 per cent. However, compared to FY17’s exports of $17.Chennai: Apparel exports continued to decline in FY19, as the total textile products exports remained flat.In FY19, the country exported apparels valued $16.Exports have been de-growing till September this year.. This low base helped exports grow in the month of March by 15.42 polyester stretch per cent, while total textile products grew 1. There was just a marginal growth of 1. Apparel exports to UAE, which was growing fast in past few years, started declining sharply after the introduction of GST in July 2017 and reduction of duty drawback rates in October that year.138 billion against $16. In FY18 apparel exports had de-grown by 4 per cent.66 per cent. Apparel shipments were down 3

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