Textiles, apparel exports rise 4.73% in July on improved demand: CITI

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India's textiles and apparel exports in July grew by 4.73 per cent to USD 2,937.56 million compared to the same month last year mainly driven by an increase in demand for apparels, the Confederation of Indian Textile Industry (CITI) said on Thursday.

While the textile exports were steady at USD 1,660.36 million in July compared to USD 1,663.06 million, apparel shipments during the month surged by 11.84 per cent to USD 1,277.20 million from USD 1,141.95 million during the same time last year.

Textiles and apparel exports stood at USD 2,805.01 million in July 2023, CITI said.

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Category: BusinessFinance

Markets: IndiaAustralia

Topics: Textile exports Textile and apparel exports Citi Apparel exports

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-15 @ 19:16:41 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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Sentences: 12 lines

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News ID: 22086967

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