India’s textile and clothing exports bode well

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18 February 2020 à 17h59

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Publication: 18 February 2020 à 17h59

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18 February 2020 à 17h59

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Publication: 18 February 2020 à 17h59

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According to Invest India, a national investment promotion and facilitation agency, India’s textile and clothing exports are expected to reach US$300 billion by 2024-25. This will calculate the country’s global market share grow from 5% to 15%. The industry accounts for 2.3% of India’s G.D.P. and 13% of industrial production.

The slowdown in the Chinese economy, due to the U.S.A/China trade war, has benefited India, especially for sales via the European Union and the U.S.A. Today, th

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