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India's textile & apparel exports up 5.34% to $5.8 bn in April-May

18 Jun '24
3 min read
India's textile & apparel exports up 5.34% to $5.8 bn in April-May
India's textile & apparel exports up 5.34% to $5.8 bn in April-May

Insights

  • India's textiles and apparel exports rose by ****.*4 per cent to $***** billion in April-May.
  • Textile exports increased by ****.*4 per cent, while apparel exports grew by ****.*6 per cent.
  • The share of T&A in total merchandise exports reached *.*2 per cent.
  • Notable growth was seen in cotton yarn, fabrics, and handloom products, while man-made yarn shipments declined.

The Ministry of Commerce and Trade&#**;s latest trade figures showed that T&A exports were $*.*** billion in April-May ****. Textile exports increased by *.** per cent to $*.*** billion in April-May ****, up from $*.*** billion in the same period of the previous fiscal. Cotton yarn, fabrics, made-ups, and handloom products saw an *.** per cent increase to $*,***.** million in the first two months of the current fiscal. However, the shipment of man-made yarn, fabrics, and made-ups declined by *.** per cent to $***.** million, and carpet exports increased by **.** per cent to $***.** million during this period.

T&A exports were $*.*** billion in May ****. Textile exports increased by *.** per cent to $*.*** billion in May ****, up from $*.*** billion in the same period of the previous fiscal. Cotton yarn, fabrics, made-ups, and handloom products saw a *.** per cent increase to $*,***.** million in the second month of the current fiscal. The shipment of man-made yarn, fabrics, and made-ups gained *.** per cent to $***.** million, and carpet exports increased by **.** per cent to $***.** million in the same period.

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