India's Apparel Exports Maintain Momentum Through 2024 [Yahoo! Finance]
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Source: Yahoo! Finance
According to estimates released by India's ministry of commerce, readymade garment (RMG) exports for November increased 9.8 percent to $1.12 billion, signaling robust global demand for made-in-India products, the Apparel Exports Promotion Council (AEPC) said on Tuesday. More from Sourcing Journal India Ports Strike Averted as Government Enforces Contract Terms India's Port Strike Threat-Is Relief on the Horizon? Focusing on the Big Picture in New Delhi RMG exports in the eight-month period from April to November rose 11.4 percent from the year prior to $9.85 billion, ministry data says. The November and eight-month figures are still down from 2022 totals at 6.6 percent and 4.9 percent, respectively, but the industry shares confidence in a long-term bounce back. “India's RMG sector is registering significant export growth signaling acceptability and rise in demand for made-in-India products globally,” said Shri Sudhir Sekhri, chairman of AEPC, in a statement. “While the
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