India’s RMG Export to World
However, the months of June, July and August saw negative growth as compared to the last period. While in June the exports were to the tune of USD 1548.59 mn as compared to 1569.93 in the same period last year registering decline of around -5.54%. July remained the worst as against USD 1454.515 mn exports last year it fell down to 1281.95% a negative growth of -15.47%.
It is being observed that post demonetisation and GST things have really become challenging for the apparel industry. Most of the exporters are still confused over a lot of things and are still waiting for clarity in business.