Indian textile and apparel exports continue to squeeze China

Indian textile and apparel exports continue to squeeze China

As China controlled the pandemic well first in 2020, its textile and apparel exports witnessed a growth of 33.7%. With the downstream demand recovery, Indian textile and apparel exports surged by 39.6% in 2021, while the growth rate of China reduced to 8.3%. Affected by the ban on Xinjiang cotton, and the global political and economic trade relation change, Indian textile and apparel exports continue to squeeze China, and with the agreements of India with UAE, Australia and U.K., its textile and apparel exports are likely to rise further