India's (T&A) Textile & Apparel exports outnumber pre-Covid era numbers

27 December 2021, Mumbai:

Export of all commodities in the segment was valued at $263 billion during the April-November period in 2021-22.

Backed by the China-plus-one policy, India’s textile and apparel exports have seen a 53 percent growth during the April-November period of the current fiscal year at around $26 billion. This compares to the figure of $17 billion during the same period in FY21.

According to Wazir Textile Index, all major companies including Welspun, Vardhman, Trident, KPR Mills, Indo Count, RSWM, Filatex, Nahar Spg and Indorama have posted higher sales during the first half of the current fiscal year compared to the pre-pandemic year. Welspun posted an 18 percent increase, Vardhman around 26 other textile mills.

BUSINESS STANDARD (The news article has not been edited by DFU Publications staff)

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