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Performance |
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Performance |
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As the world’s second largest producer of
textile and garments, India’s garment
exports totaled US$ 10.17 billion during the
year 2008-09, giving it an enviable market
share of 2.99%. The Americas, EU, much of
Asia and Middle East are India’s clients.
The industry proudly supports 7 million
people as part of its workforce, and aims to
double this figure by 2011-12; even today it
is the second largest provider of employment
in the country. For every INR 100,000
invested in the industry, an average of 7
additional jobs created.
The Apparel Sector alone contributes to 8%
of India’s total exports with exports
recording a 1% growth over last year. By the
year 2011-12, India expects to record a 15%
growth in quantity and 20% growth in values.
In RMG exports, India, today, ranks 6th in
the world, with a 2.6% world market share
and robust 11% growth.
Come to India, for nowhere else in the world
do you find a such a superb amalgam of
natural resources, industry expertise,
entrepreneurial initiatives backed by
friendly Government and a smart, winning
attitude that spurs the Apparel Industry to
soar above the rest of the world in its
achievements!!
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