Textiles, clothing exports jump 11% in July on govt policies, falling rupee

The textile sector is the largest industrial employment provider in India, employing more than 100 mn people directly and indirectly

After a staggering 17 per cent decline in the April–June quarter, India’s textiles and clothing exports revived to witness a jump of 11 per cent in July due to favourable government policies and rupee depreciation.

Data compiled by the DGCIS under the Union Ministry of Commerce showed total textiles and apparel exports at Rs  196.36 billion ($ 2.86 billion) for July 2018 compared to Rs  176.92 billion ($2.74 billion) for the corresponding month last year. Total textiles exports witnessed a jump of 15 per cent to Rs 108.79 billion ($1.58 billion) for July 2018 versus Rs  94.29 billion ($ 1.46 billion)