Business Standard

Apparel exporters fear tough year ahead as global orders fall

Demand from key importers and particularly, the United Arab Emirates, has gone down drastically

Apparel exports

Apparel exports

Subhayan Chakraborty New Delhi
A decline in overseas demand from major markets like the UAE  has raised concern that India's apparel exports, which is a major foreign exchange earner for India, are slowing down for good.

After starting the calendar year with a high, both export values, as well as shipments, have consistently fallen. Extrapolated from government data and industry reports, the findings are part of a report released by US-based Drip Capital, a major provider of trade finance for SMEs.

Based on an analysis of macro-trends and proprietary data of 100 top apparel exporters in India with business worth about $32 billion year-till-date,

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 29 2019 | 10:00 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to