December **** recorded robust growth, with exports increasing by **.** per cent. Apparel exports, in particular, surged by **.** per cent. Textile exports also saw robust growth similar to garment exports, probably helped by the recent fall in the Indian Rupee against the US dollar. A weaker Indian currency benefited Indian exporters in the global market.
Textile exports grew by *.** per cent to $**.*** billion in the first nine months of FY**, compared to $**.*** billion in the same period of the previous year. Apparel exports rose by **.** per cent, reaching $**.*** billion, up from $**.*** billion in the corresponding period last fiscal. The share of T&A in India’s total merchandise exports increased to *.** per cent during this period, according to the Ministry of Commerce and Trade.
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