INDIA: Garment Exports Fall 7.2 Per Cent In First Half
Readymade garment exports, India's single largest export category, fell by 7.2 per cent to $2.65 billion in the first half of 2001, compared to 2.85 billion in the corresponding period last year. Apparel constructed from manmade fibres was the worst hit, with exports decreasing by nearly 20 per cent to $464.5 million during-January-June 2001 from $578.3 million last year. Cotton garments, including accessories, were also badly affected, with exports declining by 4.36 per cent to $1.92 billion.
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