India’s Cotton Textile Exports Grow in 2021

Category: General

Country: India

India's cotton textile and apparel exports rose throughout 2021. (Shutterstock)

By GEORGINA SAFE | 21 January 2022

Exports of cotton yarn, fabrics and handloom products in April to December 2021 reached $11.29 billion, an increase of 66 percent over exports of $6.8 billion in the corresponding period of the previous fiscal year.

However, the rise in exports from the sector slowed in December 2021, according to data from India’s ministry of commerce and industry. December cotton textile exports stood at $ 1.44 billion, an increase of 46.19 percent over the $987.76 million in exports seen in December 2020, the government data showed.

Apparel exports also grew in April to December 2021, up 35.62 percent year-on-year to $11.12 billion.

Growth in apparel exports also slowed in December 2021, rising by 22.63 percent to $1.47 billion over $1.2 billion in the same month of 2020.

India’s total textile and clothing exports grew by 30.43 percent to $3.84 billion in December 2021, from $2.94 billion in December 2020.

Courtesy: https://www.businessoffashion.com/news/global-markets/indias-cotton-textile-exports-grow-in-2021/