INDIA GARMENT EXPORTS SET TO RISE AS WORLD DIVERTS ORDERS FROM CHINA, BANGLADESH

INDIAN garment exports are expected to rise 24% to USD16 billion in 2013-14, according to D K Nair, Confederation of Indian Textile Industry (CITI) secretary general. He says the increase is because of the recovering American economy, increased demand from Europe and rival Asian exporters facing a slew of problems. This haul will take the Indian clothing export sector close to its government’s garment export target of USD17 billion for 2013-14.Mr Nair told just-style: “Last year was bad for Indian garment exports. Though the garment export figures for are not ...


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