According to the latest trade data, India's apparel exports in April totaled $ 1.34 billion, down 22.76% from the $ 1.74 billion reported in the same month last year. According to the Rupiah, exports in April 2018 reached 8,859.67 crore Rupiah against 11,272.24 crore Rupee in April 2017, down 21.4%.

According to HKL Magu, president of the Apparel Export Promotion Council (AEPC), "exports have been negative since October last year due to a downturn in the global apparel industry. The high base effect was due to the federal government's proposed federal tax refund (RoSL) in April 2017, but the continuing backlog of GST and RoSL is affecting the offer. We want the government to address this issue as soon as possible to reverse the stagnant export trend. "

In the fiscal year 2017-2018 ended March 31, Indian apparel exports totaled $ 16.71 billion, down 3.83% from the $ 17.38 billion export value in the previous fiscal year.

Source agtek.org.vn