India Passes China, Bangladesh in Apparel Exports Growth to U.S. for Jan.-Sept. 2014
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With China and Bangladesh becoming costlier day-by-day, India is gradually garnering its share in apparel exports to the U.S. India saw a rise in apparel exports to the U.S. by 7.5 percent at 745 million square meters equivalent for the period of January to September of 2014 over the corresponding period last year.
China and Bangladesh posted 3.9 percent and -4.63 percent growth in apparel exports to the U.S., respectively, resulting in shift in exports orders to India. India has been registering a 17.6 percent growth in global apparel exports at $8.3 billion for April to September of the fiscal 2014-15.
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