Indian textile and apparel exports fall 13% to Rs 186 billion in January

The sharp decline in exports of cotton textiles by 16%, apparel by 14% and man-made textiles by 7% contributed to the performance

Export of textiles and apparel have been falling every months despite the government's efforts to give the segment a boost.

Data compiled by the Confederation of Indian Textile Industry (CITI) showed textile and apparel export fell 13 per cent to Rs 186 billion in January, against Rs 215 billion in the corresponding month last year. Textile export slumped 13 per cent to Rs 97 billion from Rs 111 billion in the year-ago period; apparel export declined 14 per cent to Rs 89 billion.
 

With the rupee appreciation and preferential treatment given to Least Developed Countries (LDCs) by importing nations, the