India: 41% increase in exports in textile sector in April-Dec 2021 compared to Apr-Dec 2020
Textile sector has continuously maintained trade surplus with exports manifold higher than imports. In FY 2020-21 there was a deceleration in textile exports due to pandemic disrupting the supply chain and demand. However, signs of recovery are visible in 2021-22. During April-December 2021 the total Textiles & Apparel including Handicrafts exports was US$ 29.8 billion…