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India's textile, apparel exports down 14% to $24.7 bn in Apr-Dec 2023

*.*pt"> India&#**;s textiles and apparel exports declined by **.** per cent to $**.*** billion during April-December ****. The sector could not maintain stability amid a global slowdown, despite a focus on diversifying the Indian product profile. Textiles and apparel&#**;s (T&A) share also shrank to *.** per cent of India&#**;s total merchandise exports in the first three quarters of the current fiscal ****-** (April-March). 

*.*pt"> An analysis of the latest trade data by the Confederation of Textile Industry of India (CITI) revealed that the share of textiles and apparel was *.** per cent in the corresponding period of **** and *.** per cent in the same period of ****.