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Raw material price hike pinch India's textiles, apparel exports in 2022-23

According to Wazir Textile Index, almost all the top companies in the sector saw an increase in sales during the last financial year

Topics
India's apparel exports | textile industry | APEC

Shine Jacob  |  Chennai 



Textile sector

After seeing a rise of 41 per cent in India’s textiles and apparel exports to $44.4 billion in 2021-22, the increase in cotton and yarn prices is leading to a demand drop of at least 10 per cent so far during the current financial year, say industry sources.

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First Published: Sun, June 19 2022. 16:16 IST

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