In the first half of 2008, after India's domestic textile industry was in trouble, budding cotton prices began to hit exporters of clothing.

Even if exporters began to recover from the depreciation of the US dollar, the cost of plateau materials in the India subcontinent led to a 20% decline in exports.

As prices rise, exporters think exports will slide again.

In the month of 2007-08 fiscal year 11-4, the export volume of garments and garments in India reached 243 billion 950 million rupees, according to the statistics of the General Administration of Commerce and information.

Cotton accounts for 80% of garments.

In 2007, the rising rupee brought pressure on exporters.

In 2008, high cotton prices began to crack down on exporters.

In 2007, clothing exports in India fell by 14%, due to the appreciation of the rupee. In 2008, clothing exports are expected to decline by 8%, according to Pranay Kumar, senior manager of Cygnus business consulting and Research Institute.

In 2007, the United States imported $3 billion 170 million worth of clothing from India, faced a regression to American exports. India exporters had already seen the EU market. From June 2007 to April 2008, the EU imported $10 billion 882 million 300 thousand from India for garment clothing and will grow again in 2008.

India's clothing exporters Gokaldas, Orient crafts, Creative, Nahar, Alok and Aarvee denim company have begun to do business with the US and the European Union (the advantage of China's share decline), and Banga Carol's Godaldas export company has lost 20% in the past two months.

Godaldas export company exported garments of 9 billion 900 million rupees to the US and EU markets in the 2007-08 fiscal year. The company found it difficult to sign large new orders at current prices.

Cotton accounts for 70% of the clothing and clothing exports of the company.

Even if the price of cotton rose from 21000 rupees to Candy to 28000 rupees / Candy, the price of cotton cloth rose from 90 rupees / meters to 103 rupees / meters.

The price of raw materials increased by 14%, which completely squeezed the company's profits.

The waiver of import duty on cotton has not brought any benefits to the company.

According to the data released by the US Department of Commerce in July 2008, exports of garments and garments to India in the United States decreased by 0.6% in the 1-5 months.