India’s apparel exports, expected to grow steadily, maintaining a compound annual growth rate of 12.06 per cent to hit $82 bn by 2020-21, are expected to remain flat during this fiscal and the first half of next year due to a decline in overseas demand, primarily in the United Arab Emirates (UAE), says a report by US-based trade finance company Drip Capital. The overall market demand is pessimistic and exports have been declining in the key export markets, the report, titled ‘Commodity Insights Apparel’, said.