Tuesday, March 13, 2012

India: First-Half Textile Exports Stay Flat

Indian-made textile product exports in the first-half of fiscal 2005/06 (April-September 2005) rose only sparingly to Rs. 585.8 billion, up 0.58% from the year-ago level.

Cotton and apparel except for wool showed growth. By contrast, manmade fiber yarn, woven fabrics and made-ups fell remarkably. The retreat of cotton, woven fabrics and made-ups that constitute the mainstay was noticeable. As a result, textile exports stayed even as a whole.

Imports rose to Rs. 52.2 billion, up 16.78% from the same period of the preceding year. Increased imports of silk yarn and silk woven fabrics from China were remarkable.

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