India's apparel exports fall by 10.25% to Rs 93 bn in February 2018

Industry body AEPC raises concerns over downward trend

With India's apparel exports further declining by 10.25 per cent during the month of February 2018 against the corresponding month of February 2017, industry body Apparel Export Promotion Council (AEPC) has raised concerns over the downward trend.

As per the latest trade data released by AEPC, India's ready made garments (RMG) exports were worth roughly $1.44 billion in February 2018 against the corresponding month of February 2017, which was about $1.60 billion. In rupee terms export for February 2018 was Rs 92.8 billion as against Rs 107.7 billion in February 2017, with the decline of 13.86 per cent in rupee terms.

According to HKL