Posted on November 22, 2022

Apparel exports from India contracted 21% last month according to provisional export data. Of this, knitwear exports shrank 32.5% in dollar terms and 25.8% in rupee terms.

Knitwear exports contracted for the third straight month, according to the Tiruppur Exporters’ Association (TEA). Exports from Tiruppur progressively shrank month-on-month by 17.4%, 33.1% and 39.8% in August, September and October, respectively.

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