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India's T&A exports grow further to reach $23 bn in April-October 2024

November **** recorded robust growth, with exports increasing by *.** per cent. Apparel exports, in particular, surged by *.** per cent, indicating a continued recovery following a prolonged period of sluggish foreign trade. However, the growth rate of exports was slightly lower in November compared to the previous month.

Textile exports grew by *.** per cent to $**.*** billion in the first eight 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.