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Exhibition Status Update!

With 3 weeks until SHOWTIME, the 20th Anniversary edition welcomes an All-Star cast of new and returning exhibitors, making up the largest DOMOTEX asia/CHINAFLOOR to date. Due to high demand in all product...

Global designers to exhibit at Luxury Br…

Designers from Europe, Middle East and North America will exhibit at the upcoming Luxury Brands Carpet Show. The second edition of the curated Luxury Brands exhibition and designer carpet collection is scheduled to...

H&M to dress Swedish teams for Olymp…

Hennes and Mauritz Group (H&M) will dress the Swedish teams for the Winter Olympics and Paralympics in PyeongChang 2018. The company will create outfits for the opening and closing ceremonies. The collection will...

Saurer to show Allma TechnoCorder TC2 at…

Saurer Technologies GmbH & Co. KG Twisting Solutions, a leading provider of energy efficient solutions for tire cord, carpet, staple, glass filament, and industrial yarns, will present its Allma TechnoCorder TC2 innovative machine...

Cone Denim and Unifi launch S Gene with …

Cone Denim and Unifi have launched the latest in advanced stretch technology - S Gene with Repreve . Combining the advanced stretch technology of S Gene with the superior sustainability and performance of...

Shima Seiki to partake in Premiere Visio…

Leading computerised knitting machine developer, Shima Seiki Mfg., Ltd., is set to participate at the Premiere Vision show, a global event for fashion professionals, to be held in Paris, from February 13 to 15, 2018...

Measurably more productive and econom- i…

Even if the winding machine is only responsible for about 10-15% of the energy consumption (compressed air and electrical energy) when considering the classic ring spinning process, these criteria play an important role...

Wool to dominate at Intertextile Shangha…

Some 3,300 exhibitors from around 20 countries covering all apparel fabrics and accessories product groups are expected at the Spring Edition of the industry’s most comprehensive sourcing platform for the spring/summer season, Intertextile...

Indian textile & apparel exports touch $7.79bn in Q1 FY’14


(India)

India’s textile and apparel exports for the quarter of April to June in fiscal year 2013-14 totaled US$ 7.79 billion which is almost the same as the exports made during the first three months of last fiscal year.

The textile and apparel exports during the same period of last fiscal stood at US$ 7.76 billion.

Panabaaka Lakshmi, Minister of State for Textiles, stated the export figures in a written reply to the Lok Sabha, the Lower House of the Indian Parliament, reports The Economic Times quoting PTI.

The apparel exports for the first three months of the fiscal year 2013-14 totaled US$ 3.561 billion, showing an increase of 11 percent compared to the same period of the last fiscal year, according to the data from the Apparel Export Promotion Council (AEPC).

In 2012, India’s textiles and clothing exports were severely affected due to the instability prevailing in the major markets of the world, including the US and European Union, which account for 65 percent of the country’s total textile exports.

The textile and apparel exporters from India are exploring new markets in countries like Japan, Australia, Israel, Latin America, Africa, South East Asia and Middle East to reduce dependency on western markets.

To give the textile and apparel exports of the country a much needed impetus, the Government has taken various steps including providing a 3 percent interest subvention on textile exports and inclusion of new markets like New Zealand, Latvia, Lithuania and Bulgaria under the Focus Market Scheme and incremental export incentive scheme.

In the fiscal year 2012-13, the textile exports of the country stood at US$ 31.71 billion, of which the apparel exports totaled US$ 12.923 billion.


Fibre2fashion News Desk - India

Textile News

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interview with Mr. Saleh Nasser Alsoray…

interview with Mr. Saleh Nasser Alsorayai Managing Director of Alsorayai Machine ...

Interview with Mr. Ziadi

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Interview Mr. Ahmad Sadeghian

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Kohan Textile Journal

Middle East Textile Journal

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