Now,on the whole,India's textile and apparel exports was $7.79 billion, $7.76 billion over the same period of last fiscal year exports flat, but clothing export is growing,which is a big trend.
According to the data of the Indian Council of Garment Exports,the first quarter of 2013-2014, India's apparel exports was $3.561 billion,increased by 11% compared with the previous year.In 2012, because of being affected by the global economic instability, both the United States and the European Union's exports accounted for 65% of India's total exports.India's textile and apparel exports are now developing emerging markets such as Japan, Australia, Israel, Latin America, Africa, southeast Asia and Middle East countries, etc., so that reducing the dependence on exports to western markets.
To promote India's textile and apparel export power, the government take measures to focus on the important market plan and export incentives, providing 3% of the subsidies for India textile exports to emerging market such as New Zealand, Latvia, Lithuania, Bulgaria country.It is reported that 2012-2013 fiscal year, India's textile and apparel exports was $31.71 billion, apparel exports of $12.923 billion.
Parag Dalal
India friend,Parag Dalal,Great CEO of Next Impex, which mainly exports fashion garments.Moreover,they are exporters and sourcing agency based in India for 100% cotton and blended fashion clothing for Men, Women & Kids. They are committed to bring latest trends, news and collections for our clients across the globe.
If you want to learn more information about him, welcome to pay attention to..
His Blog: http://fashionteamindia.blogspot.in
Google+ : https://plus.google.com/u/0/+ParagDalalFashionTeamIndia/about
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