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Data from India s Cotton Textile Export Promotion Council show textile and apparel exports between April 2020 and March 2021 were down 12.99% to $29.45 billion from $33.85 billion a year earlier. Within that, apparel exports dropped 20% and textile exports declined 6.43%.
The textile sector is one of India s oldest industries and a pillar of the economy. According to India Brand Equity Foundation, in the 2018-19 period, India s textile industry contributed 7% to the industry output. The Indian textiles and apparel industry contributed 2% to the GDP, 12% to export earnings, and accounted for 5% of global trade in textiles and apparel. These figures show the importance of the textiles sector to India.
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Centre, states must focus on containing Covid in rural sector ahead of Kharif sowing season
By
Mahua Venkatesh ( IANS) |
Published on
Fri, May 14 2021 19:57 IST |
8 Views
Amritsar: Farmers busy transplanting paddy saplings in a field on the outskirts of Amritsar on June 23, 2018. The total area sown under kharif crop as on June 22 stood at 115.9 lakh hectares as against 128.35 lakh hectares at this time last year. Acc. Image Source: IANS News
New Delhi, May 14: As Covid 19 pandemic hit Indias rural areas, the critical agriculture sector could be impacted. Reason? Sowing for the Kharif season typically starts from May-end but this year, due to the rising number of cases in the rural areas farming activities have started to get impacted.