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India's textile & apparel exports decline 6.67% in Apr-Oct 2023

According to an analysis by the Confederation of Indian Textile Industry (CITI) based on trade date from the ministry of commerce and industry, textile exports eased *.** per cent to $**,***.** million in April-October **** compared to $**,***.** million in the same period of the last fiscal. Apparel shipment noted a steep fall of **.** per cent to $*,***.** million from $*,***.** million in the comparable period of the previous fiscal.

Total shipment value of textile and apparel was *.** per cent of India’s total merchandise exports of $***.*** billion in April-October ****. In textiles, the shipment of cotton yarn, fabric, made-ups, handloom products etc was valued at $*,***.** million, which was *.** per cent higher than last year’s shipment of $*,***.** million. The exports of man-made yarn, fabric, made ups etc fell *.** per cent to $*,***.** million from $*,***.** million in April-October ****.