INDIA: April-August Garment Exports Up 14% In Value
India's readymade garment exports to quota-restricted countries grew by 8.46 per cent in volume and 14.24 per cent in value between April and August, according to figures compiled by the Apparel Export Promotion Council (AEPC).
Compared to the corresponding months last year the garment exports came to 506.5 million pieces valued at $2.126 billion.
Exports of garments to the US during April-August came to 193.9 million pieces valued at $976 million. This represents an increase of 19.03 per cent in terms of volume and 18.05 per cent in terms of value.
290.3 million pieces valued at $1074.8 million were exported to the European Union during this period - an increase of 3.38 per cent in volume terms and 12.26 per cent in value terms.
Exports to Canada amounted to 22.3 million pieces valued at $75.2 million, a drop of 4.29 per cent in volume and 1.83 per cent in terms of value compared to April-August 2003.
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