Foreign news on July 18 showed that India\u2019s textile and clothing exports fell sharply in the first quarter (April-June) of the 2023\/24 fiscal year. <\/p>\n
Data shows that exports fell in various categories, including cotton yarn, fabrics and handloom products. <\/p>\n
The total export value of textiles and clothing fell by 15.26% to US$8.44059 billion in the April-June period, compared with US$9.96032 billion in the same period of the previous fiscal year. <\/p>\n
According to data released by the Ministry of Industry and Commerce, the export value of cotton yarn, fabrics and other products fell by 12.83% to US$2.7583 billion in the first quarter of this fiscal year. <\/p>\n
Clothing exports fell 17.72% to US$3.69471 billion from April to June 2023, compared with US$4.49066 billion in the same period last year. In June 2023 alone, clothing exports dropped by 16.87%, from US$15.0222 billion to US$12.4795 billion. <\/p>\n
In addition, the country\u2019s imports of raw cotton and recycled cotton dropped from US$274.6 million in the same period last year to US$198.47 million from April to June 2023, a decrease of 27.72%. <\/p<\/p>\n","protected":false},"excerpt":{"rendered":"
Foreign news on July 18 showed that India\u2019s textile and clothing exports fell sharply in the first quarter (April-June) of the 2023\/24 fiscal year. Data shows that exports fell in …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[46],"class_list":["post-2698","post","type-post","status-publish","format-standard","hentry","category-textile-fabric-news","tag-db"],"_links":{"self":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/posts\/2698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2698"}],"version-history":[{"count":0,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/posts\/2698\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}