India Textile And Apparel Exports To Europe And America Grew Year On Year
India textile national minister Panabaaka Lakshmi said that in January to May this year, India's textile and apparel exports to the US and EU countries increased by 1.61% and 11.66% respectively over the same period last year. In a written report, she added that the government has taken action to expand the market share of India in Japan, West Asia, Africa and Australia in cooperation with the textile export promotion agency.
These initiatives will include the India textile brand holding large-scale exhibitions in these countries, the buyer and the seller meeting to attend the high-profile textile fairs and exhibitions.
In 2009-10, clothing exports in India dropped by 2.64% to $10 billion 640 million, compared to $10 billion 930 million in 2008-09.
The main reason for the decline in exports is the decline in exports to the European market, no increase in exports to the US market, and price competition from other countries, such as Bangladesh and Vietnam.
According to the data of India garment export promotion association, India garment exports to the European Union 5 billion 680 million US dollars, accounting for 55% of the total clothing exports of India in 2009 over the years.
The United States is another major market for textiles in India. Exports to the United States account for 30% of India's overall clothing exports.
- Related reading
- Market trend | Sales Of Luxury Goods Are Affected By The Strong Appreciation Of The US Dollar.
- Shoe Express | Winter Has Arrived, And Snowshoe Brand'S Own Winter Is Continuing.
- Logistics skills | Suning And Jingdong Are Competing To Open Up Logistics Platforms, "Double Eleven".
- Fashion blog | Wearing The Checked Shirt Is The Most Adorable Style.
- Fashion item | Half Skirt Is The Most Versatile Autumn Age.
- Recommended topics | Loose Sweater Is The Most Elegant And Loose Style.
- Expo News | Next Year, CHIC Spring, The World'S Original Shoe Leather Exhibition Comes Into Being.
- Chongqing | Chongqing Cross-Border Electricity Supplier "Double 11" Started Planning Early
- Market topics | Luxury Brands And Layoffs, Wave Of Layoffs Are All Related To Restructuring.
- NOTICE | Return To The End Of The Year To "Grab Red Packets"! 10 Million Cash To Take Home
- 美將為原始獨(dú)特時(shí)尚設(shè)計(jì)提供知識(shí)產(chǎn)權(quán)保護(hù)
- How Is The Fate Of Domestic Producers In The Market For Plastic Shoes?
- The Textile And Light Trading Center Brings Business Owners "An Eye Opener".
- Clothing Can Be Used As Microphone For Detecting Acoustic Fibers.
- Guangdong Traditional Clothing Enterprises Gather T.I.T Creative Park
- Russia Reveals The 10 Truth Of Underwear Development History
- Russia Reveals The 10 Truth Of Underwear Development History
- Five Kinds Of Shoes Worth Collecting
- Haixing Textile Is Developing Rapidly.
- Wenzhou Shoe Enterprises' "Going Global" Speed Up Various Forms.