The Indian garment sector aimed at a 10% growth in the financial year of 2009 (April 2008-March 2009), following a 15% growth in FY 2008, industry association said.
President of the Clothing Manufacturers Association of India and Vice President of the Asian Apparel Federation, Rahul Mehta, said that India exported clothing at a value of US$ 9.1 billion in FY 08, a 10% reduction in rupee terms but a 2% gain in US dollar.
Mr Mehta was optimistic towards Indian clothing exports, as rupee recently weakened against the US dollar. Indian exporters also sought to export to other markets in Europe as the US economy got less favorable.
|
| We are collecting readers' comment for improving our website. If you are willing to help, please CLICK HERE to complete a survey. Your comments matter. |
|
|
|
|
| Copyright © Adsale Publishing Limited. Any party needs to reprint any part of the content should get the written approval from Adsale Publishing Ltd and quote the source "ATA Journal for Asia on Textile & Apparel", Adsale Textile English Website - www.AdsaleATA.com. We reserve the right to take legal action against any party who reprints any part of this article without acknowledgement. For enquiry, please contact Editorial Department. |
Write a mail to the editor : 
