INDIA: Garment Exports Up 8.3 Per Cent
Readymade garment exports from India saw a value increase of 8.3 per cent from $5.3bn in 1999 to $5.7bn in 2000.
In terms of quantity, exports increased 7.14 per cent from 1404.4 million pieces in 1999 to 1504.7 million pieces in 2000.
Exports to the US and the EU accounted for the main portion of the total figures with the US receiving $2.06bn during 2000, a value increase of 31.22 per cent and quantity increase of 14.59 per cent compared to the year before.
Canada was also emerging as an successful export destination as it received a value increase of 13.49 and a quantity increase of 15.45.
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