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Saturday, February 24, 2024

Indian textile & garment exports drop 8.81% in H1FY’24

In the six months to September 30, 2023, Indian textile and garment exports dropped 8.81 percent to US $16.79 billion compared to $18.42 billion in the same months of the previous fiscal.

Of overall Indian textile and clothing exports, textile product shipments declined to $9.83 billion in the first half of fiscal 2024, a fall of 3.59 percent as against the first half of earlier fiscal.

However, garment exports fell more sharply by 15.36 percent year on year to $6.91 billion in the April to September 2023 months.

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