India’s apparel exports in April 2018 were to the tune of $1.34 billion, registering a decline of 22.76 per cent against exports of $1.74 billion in the corresponding month of last year, as per the latest trade data. In rupee terms, exports for the month of April 2018 stood at 8,859.67 crore against 11,272.24 crore in April 2017, down 21.4 per cent.

In fiscal 2017-18 that ended on March 31, India’s apparel exports fetched $16.71 billion, a decline of 3.83 per cent compared to exports of $17.38 billion in the previous financial year. (RKS)