In December 2021, India’s monthly apparel exports reached $37.29 billion, up 37% from the same period last year, with exports reaching a record $300 billion in the first three quarters of the fiscal.

According to recent data from the Indian Ministry of Industry and Commerce, from April to December 2021, garment exports totaled $11.13 billion. In a single month, the export value of clothing in December 2021 was 1.46 billion US dollars, an increase of 22% year-on-year and a month-on-month increase of 36.45%; the export value of Indian cotton yarn, fabrics and home textiles in December was 1.44 billion US dollars, an increase of 46% year-on-year. A month-on-month increase of 17.07%. India’s merchandise exports totaled $37.3 billion in December, also the highest in a single month of the year. In December 2021, India’s monthly apparel exports reached a record high of $37.29 billion, up 37% year-on-year.

According to the Apparel Export Promotion Council of India (AEPC), judging from the recovery of global demand and the stability of orders from various brands, Indian apparel exports will continue to rise in the next few months, or reach a record high. Indian apparel exports can come out of the blow of the epidemic, not only thanks to the help of the outside world, but also inseparable from the implementation of policies: first, the PM-Mitra (large-scale comprehensive textile area and clothing park) approved on October 21, 2021. Established, with a total amount of 4.445 billion rupees (about 381 million US dollars), a total of seven parks. Secondly, the Production Linked Incentive (PLI) scheme for the textile industry approved on December 28, 2021, with a total amount of 1068.3 billion rupees (about 14.3 billion US dollars).

Exporters have strong orders from global brands and buyers, the textile body said. The Apparel Export Promotion Council (AEPC) said apparel exports had rebounded this fiscal year, with exports rising 35 percent in the first nine months to $11.3 billion. During the second outbreak, clothing exports continued to grow despite local restrictions affecting business in the first quarter. A statement released by the agency noted that apparel exporters are seeing rapid growth in orders from brands and buyers around the world. The company added that apparel exports are set to hit record highs in the coming months, driven by positive government support and strong demand.

India’s apparel exports in 2020-21 fell by about 21% due to disruptions due to the Covid-19 pandemic. According to the Confederation of Indian Textile Industries (Citi), India urgently needs to remove import duties due to soaring cotton prices and the low quality of cotton in the country. Domestic cotton prices in India rose from Rs 37,000/kander in September 2020 to Rs 60,000/kander in October 2021, fluctuated between Rs 64,500-67,000/kander in November, and reached Rs 70,000/kander on 31 December Kander’s peak. The federation urged the Prime Minister of India to remove import duties on the fiber.