China's exports to the United States have declined and India's exports to the United States have ris
2017-08-15 09:47:33
2006-2007 India textile industry total market size of $54 billion, domestic demand accounted for 65%, $35 billion, exports accounted for 35%, $19 billion (exports to the U.S. $5 billion), while imports accounted for 5%, $2 billion 760 million. As of March 2008, India's total textile exports to the United States grew by an average of about 10%.
MS Singh is expected, the next five years to 2011 - 2012 years, the textile industry will grow to $115 billion, the export ratio of about 48%, to $55 billion. During this period, the total investment scale was $37 billion.
the demand for improvement is due to a slowdown in China's exports to the United states. China's currency appreciation, labor costs increased, squeezed China's profit margins, so China's exports began to decline.