Textile Sector Exports Increase By 41 Per Cent To $29.8 Billion In April-December 2021

Textile sector exports increased by around 41 per cent to $29.8 billion during April-December 2021, an official release said on Wednesday (12 January).

"During April-December 2021, the total Textiles and Apparel including Handicrafts exports was $29.8 billion as compared to $21.2 billion for the same period last year,' the Ministry of Textiles said in a release.

'This implies robust growth of approximately 41 per cent over last year," the ministry added.

Even compared to pre-pandemic year i.e. 2019-20, export for textile sector (Textiles & Apparel including Handicrafts) increased by 14.6 per cent from April- December 2021 as compared to the same period in 2019, according to the ministry.

"Textiles exhibited an increase in export of 31 per cent, cotton yarn/fabrics/made-ups, handloom products etc exhibited an increase of 43 per cent and Jute products exhibited an increase of 33 per cent from April- December 2021 as compared to April-December 2019', the ministry said.

The ministry further added that the government has set the target of $44 billion export for Textiles and Apparel including Handicrafts and approximately 68 per cent of annual target has already been achieved.