Apparel exports up 16 % in H1

Apparel exports in the first six months of this fiscal April-September this year were 16 per cent more than the corresponding period last year, according to an official of the Apparel Export Promotion Council.

Exports of apparels were to the tune of $7 billion during the period under reference as against $6 billion in the same period last year.

The European Union and the U.S are the two major markets for Indian apparel exporters and these are showing signs of revival.

India is also getting orders from some of the competing countries that are shifting focus from apparel to other sectors, according to the AEPC official.