Bulletin Updates

Indian textile: Unexpected plateauing – 10 Feb 2023

Feb 10, 2023

After a boom seen in FY21 and FY22 with a recorded trade worth USD 29.9 billion and USD 44.4 billion, respectively, Indian textile exports from India are expected to fall by 16-18% in FY23 with a slowdown in demand, especially from the US and Europe.

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