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Textile Sector Exports Increase By 41 Per Cent To $29.8 Billion In April-December 2021
A textile factory.
Textile sector exports increased by around 41 per cent to $29.8 billion during April-December 2021, an official release said on Wednesday (12 January).
"During April-December 2021, the total Textiles and Apparel including Handicrafts exports was $29.8 billion as compared to $21.2 billion for the same period last year,' the Ministry of Textiles said in a release.
'This implies robust growth of approximately 41 per cent over last year," the ministry added.
Even compared to pre-pandemic year i.e. 2019-20, export for textile sector (Textiles & Apparel including Handicrafts) increased by 14.6 per cent from April- December 2021 as compared to the same period in 2019, according to the ministry.
"Textiles exhibited an increase in export of 31 per cent, cotton yarn/fabrics/made-ups, handloom products etc exhibited an increase of 43 per cent and Jute products exhibited an increase of 33 per cent from April- December 2021 as compared to April-December 2019', the ministry said.
The ministry further added that the government has set the target of $44 billion export for Textiles and Apparel including Handicrafts and approximately 68 per cent of annual target has already been achieved.
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