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India’s garment exports rise by 8.5% to $7.5 billion during April-September

18 Oct 2024 Evaluate

The commerce ministry in its latest data has showed that the India’s garment exports rose by 8.5 per cent to $7.5 billion during April-September this fiscal despite global uncertainties. In September also, the exports of ready-made garments grew by 17.3 per cent to $1.11 billion.

Commenting on the data, Apparel Export Promotion Council (AEPC) Chairman Sudhir Sekhri said India's exports have recorded high growth despite global headwinds and continued inflationary pressure. He said even the major apparel exporting countries have witnessed a slowdown in the RMG export growth in recent months.

He further said India is uniquely placed with the advantage of low import dependence, existence of the entire ecosystem from fibre to fashion, abundant and young labour force and therefore scope for growth is unlimited. He added that this year exporters will be participating in many big international fairs and will be hosting Bharat Tex again in 2025 to increase their global footprint. 


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