Saturday, February 22, 2025
HomeBusinessApparel exports to Spain grew 19.7% in April-January

Apparel exports to Spain grew 19.7% in April-January


Apparel exports to Spain registered a 19.7% growth for the April-January 2024-2025 period compared with the same period the previous year.

According to Mithileshwar Thakur, secretary general of the Apparel Export Promotion Council (AEPC), export of readymade garments rose 11.6 % during April 2024-January 2025 over the corresponding period the previous fiscal, “despite global headwinds, geo-political challenges and supply chain disruptions.”

Garment shipments to the U.S. rose 13.8% and to the U.K., the growth was 8.9%. Exports increased to Germany too. However, the highest growth was to Spain. “Substantial growth is visible even in old and new FTA partner countries such as South Korea, Japan, Australia, Mauritius and UAE.”

Garment exports are growing in several new markets, he said.

Sudhir Sekhri, chairman of AEPC, said the council planned to promote the global reach of Indian apparel by diversifying to newer and non-traditional markets through its export promotion activities in the financial year 2025-2026.



Source link

RELATED ARTICLES

Most Popular

Recent Comments