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India Textile Exports To Brazil And Argentina Have Increased Significantly.

2010/9/1 10:50:00 56

India Textiles

Brazil and Argentina in South America are expanding in India.

textile

and

Garment export

According to the rupee, India's exports of textiles and clothing to the two countries increased by 9.2% over the same period 2008-09, and increased by 5.4% in the US dollar, according to the rupee market. 2009-10.


March of this year

India

The government has held large-scale textile fairs in these two countries to expand exports of textiles and clothing to Latin American countries in India.


India textile Ministry said Brazil and Argentina did not invest FDI in India textile industry. In the first quarter of this year, exports of textiles and clothing to Brazil and Argentina in India increased by 285% and 60% respectively compared with the same period in 2009.


Supplement:


Because of the serious floods in Pakistan and the cancellation of the duty-free preferential tariff in Sri Lanka by the European Union, many European and American clothing sheets are facing Christmas demand, and it is very likely that the order will be pferred to Bangladesh.


According to the Pakistan government's estimate, the flood in 2010 will make the garment industry in Pakistan decline 7 to 10%.


On the other hand, imports from Sri Lanka to the European Union will give European importers more than 12.5% of their taxes.


However, Abdus Salam Murshedy, President of Bangladesh Garment Manufacturersand Exporters Association (BGMEA), Bangladesh, said that the energy shortage in Bangladesh, coupled with the serious delays in the operation of raw materials and exports in Chittagong, will make it impossible for Bangladesh garment industry to grasp this business opportunity.


A president also said that although the garment export industry in Bangladesh has continued to grow well, if the energy problem can be solved, the garment export industry in this country can grow by more than 15%.

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