The Export Of India'S Garment Industry Reached 800 Billion Rupees In 2013-14.

< p > < India a target= "_blank" href= "//www.sjfzxm.com/" > clothing < /a > Mehta, President of the India Association (CMAI), the manufacturer association, said: "we expect that in fiscal year 2014, the" a "will be increased to 800 billion rupees (17 billion US dollars).

Because of the weakness of the rupee in India, our exports are expected to rise further according to the rupee. "

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< p > Mehta said that rival countries, such as Bangladesh and China, are faced with labour problems.

China is slowly moving away from the labour intensive clothing industry and developing towards high technology and sophisticated products.

At present, China's clothing exports are about 10 times that of India.

Therefore, even if 10% of China's exports are pferred to India, India's clothing exports may double.

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< p > he said that in addition, negotiations on FTA (free trade agreement) between India and Europe have been going on for three years, and negotiations may be completed in the near future.

If the India EU free trade agreement comes into force, India garments will be exempt from tariffs to enter Europe, which will give India a huge boost to the garment industry.

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< p > he said that the clothing industry is now developing the markets of Japan, the Middle East and South America, which are potential large garment export markets.

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< p > Mehta said that the monsoon login will stabilize the price of raw materials, such as cotton prices, which will be conducive to the production of garment industry.

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When it comes to the domestic market, he said, his Association expects that the domestic garment industry in India will double in 5 years due to the economic prosperity, the government's policy of simplification, the improvement of fashion orientation, the enhancement of brand awareness and the expectation of consumers.

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