The readymade garment industry in India has historically been one of the most important segments of the textile industry in India. According to a report, India’s apparel Index of Industrial Production (IIP) in February 2019 was 171, which was 4 per cent higher than January 2019. The IIP index has continuously grown from a value of 136 in October 2018, indicating growth in apparel manufacturing in the country. The apparel Consumer Price Index (CPI) in March 2019 was 148, which is same for last 5 months, indicating that the prices have remained stagnant.
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