India’s textile and apparel exports

India’s textile and apparel exports

Even if a stimulus package is in place, it will be some time before we see India’s textile and clothing exports at pre-Covid-19 levels.

The survey showed that 34% of the respondents believe exports will reach pre-Covid-19 levels by the end of 2020.

However, 66% believe that will not happen in 2020.

India’s main markets – US and EU – could be in a deeper economic recession than India, and India’s textile and clothing exports will recover once these economies start to fare well. And that could be well into 2021, at the earliest.