Industry representatives believe this is an indication that the sector has begun its V-shaped recovery and the situation would get better.
NEW DELHI: India's outbound shipments rose six per cent to USD 27.58 billion in September, when compared to USD 26.02 billion registered in September 2019, showed data released by the commerce ministry on Thursday.
After contracting for six straight months, India's exports rose 5.99 per cent to $27.58 billion in September on account of growth in shipments of drugs and pharmaceuticals and readymade garments, as per the government data released on Thursday.
Liva has concluded a buyer seller meet, its first innovation meet post-lockdown, at its LAPF Studio in Tiruppur, in association with Tiruppur Exporters’ Association (TEA). LIVA Accredited Partner Forum (LAPF) is a consortium of world class spinners, weavers, knitters and processors committed towards quality and innovations using fibres from Birla Cellulose.
Vacuum space created by restrictions could help Indian garment exporters, says report.
When the Covid-19 outbreak began in March, fear gripped exporters in the knitwear hub of Tiruppur as many thought the international apparel market would take longer time, at least a year, to get back to normalcy.