India’s apparel export has shown a decline of 22.76 per cent for the month of April 2018 as against the corresponding month of April 2017, as per the latest trade data. In April 2018 the Indian RMG exports were to the tune of $1.34 bn (approx.) as against the corresponding month of April 2017, when the exports was $1.74 bn (approx.). In rupee terms export for the Month of April 2018 was Rs. 8,859.67 cr as against Rs. 11,272.24 cr in April 2017, showing a decline of 21.40 per cent. India’s apparel production has also shown a decline of 18.6 per cent in the month of March, 2018 and a decline of 11 per cent for the period April-March, 2017-18 as per the latest IIP figures. This is the 11th straight monthly decline in apparel production.

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