Apparel exports in March decreased 17.78% over the same period last year. In March 1818, India's apparel exports were $ 1.491 billion, compared to $ 1.813 billion in the same month last year. By rupees, exports in March reached 9694.68 crore rupees compared with 11946.37 crore rupees in March 2017, down 18.85%.

Commenting on the latest figures, HKL Magu, chairman of the Apparel Export Promotion Council (AEPC), says garment exports from India are in a state of recession. "The numbers clearly show that garment exports are not just standing but also going down. Garment production indicates the industry is headed for shrinkage, which is a cause for great concern. "

Mr Magu added that "the industry employs 12.9 million workers but due to the ongoing downturn, some production clusters have been affected. While India is struggling with sluggish exports, countries like Bangladesh and Vietnam are showing steady growth in garment exports. We want the government to solve the problem as soon as possible. "

Source vinatex.com