India's Apparel Export Growth In 2010 May Be Placed Flat

By Western countries, such as the United States andthe United States and Europe. To improve the number
Europe hit by recession in the 2009-10 fiscal year,of garment exporters are looking for new markets,
India's apparel industry may reach 10 billion U.S. dollars,such as Australia and Latin America.
similar to last year. In the latter part of fiscal yearGarment Manufacturers Association of India (CMAI)
2009-10, the Western economy is improving, India'spresident Rahul. Mehta said: "Although the United
garment exporters believe that the impact ofStates and European markets are showing signs of
recession, the current status of sufficient clothingrecovery, but is depressed in the first half of this year.
exports.Until November, garment exports, compared to last
Confederation of Indian Textile Industry (CITI), Mr.year's low 7 -- 8%. Currently orders for the season
Secretary-General DK Nair said: "The 2009-10 fiscallooks pretty good, in the end of this year, we will reach
year, the first two quarters of the garment export isall-round levels of exports. because of our major
quite bad. Only from an improvement in the thirdmarkets are a severe blow, every exporter is being
quarter. The good news is this year's the level of plantproduced alternative markets, such as new export
closures slightly less than last year. "market or to domestic retailers. "
Mr. Nair said that in the 2009-10 fiscal year, India'sIndia's new apparel export markets include Australia,
apparel exports are likely to reach 100 billion U.S. dollars,Latin America, the Middle East and Japan, among
exports last year, 109 billion dollars.others. However, exports of the company's general
India's apparel industry from about 8000-10000 amanager of Algirdas Goka, said orders from the new
garment export units, most of the apparel supply tomarkets are still relatively small.