RMG exports were to the tune of USD 803.37 million in June 2020 with a decline of 34.84 per cent against the corresponding month of June 2019, which was USD 1232.87 million. Cumulative RMG exports in dollar terms during April-June, 2020-21 is USD 1446.31 million registering a decline of 65.32 %.
In rupee term export for the Month of June 2020 was Rs 6083.70 Cr. as against Rs. 8560.93 Cr. in June 2019 with a decline of 28.94 per cent. RMG Exports in Rupee terms during April-June, 2020-21 is Rs. 10955.42 Cr. registering a decline of 62.23%.
India’s RMG Export to World
Month
FY 2019-20
FY 2020-21
MoM Growth of 2020-21 over 2019-20 (%)
In INR Crore
In US$ Million
In INR Crore
In US$ Million
INR
US$
April
9786.03
1409.53
962.92
126.31
-90.16
-91.04
May
10661.45
1528.02
3908.80
516.63
-63.34
-66.19
June
8560.93
1232.87
6083.70
803.37
-28.94
-34.84
Total
(April-June)
29008.41
4170.42
10955.42
1446.31
-62.23
-65.32
Source: DGCI&S, Kolkata, 2020
India’s month-wise RMG exports to the World for the FY- 2019-20
India’s RMG export to World in the April-March of 2019-20 was to the tune of USD 15488.70 mn. which has declined by -4.03 per cent compared to the same period of previous financial year.
TROUSERS BIB AND BRACE OVERALLS BREECHES AND SHORTS OF COTTON FOR MENS AND BOYS
459.42
466.43
1.5
2.8
3.0
10
620630
BLOUSES,SHIRTS AND SHIRTS-BLOUSES OF COTTON
548.1
462.99
-15.5
3.4
3.0
Source:DGCI&S, 2020
India’s Textile & Ready Made Garment (RMG) Update for Index for Industrial Production (IIP) for FY May, 2020-21
Manufacture of
Textiles
MoM Growth Rate
Manufacture of
Wearing Apparel
MoM Growth Rate
(In %)
(In %)
Month
2019–20
2020–21
2019–
20/2018-19
2019–20
2020–21
2019–
20/2018-
19
April
119.8
5.3
-95.6
165.1
6.3
-96.2
May
115.6
31.5
-72.8
163.5
97.5
-40.4
Total (Apr- May)
117.7
18.7
–84.1
164.3
52
-68.4
Source:CSO, 2020
India’s Textile & Ready Made Garment (RMG) Update for Index for Industrial Production (IIP) for FY March, 2019-20
Manufacture of
Textiles
MoM Growth Rate (In %)
Manufacture of Wearing
Apparel
MoM Growth
Rate
(In %)
Month
2018–19
2019–20
2019–
20/2018-19
2018–19
2019–20
2019–20/2018–
19
April
116.2
115.9
-0.3
125.4
167.5
33.6
May
118.9
123.2
3.6
150.8
163.7
8.6
June
117.1
112.5
-3.9
151.6
161.7
6.7
July
120.1
114.7
-4.5
145.4
167.2
15
August
124.4
115
-7.6
146
161
10.3
September
121.6
115.1
-5.3
142.2
146.8
3.2
October
120.2
112
-6.8
141.1
137.5
-2.6
Manufacture of
Textiles
MoM Growth Rate (In %)
Manufacture of Wearing
Apparel
MoM Growth
Rate
(In %)
Month
2018–19
2019–20
2019–
20/2018-19
2018–19
2019–20
2019–20/2018–
19
November
113.6
115.7
1.8
135.7
139.1
2.5
December
120.4
118.7
-1.4
175.6
158.3
-9.9
January
118.2
122
3.2
171.8
182.3
6.1
February
113.8
119.6
5.1
171.5
177.3
3.4
March
120.3
104.5
-13.1
193.6
154
-20.5
Total
118.7
116
–2.3
154.2
160.5
4.1
Source:CSO,2020
Manufacturing of Textiles for the month of March, 2020 is 104.5 which has shown a decline of 13.1% as compared to March, 2019.
Manufacturing of Textiles for the financial year Apr-March, 2019-20 is 116.0 which has shown a decline of 2.3% as compared to the financial year Apr-March, 2018-19.
Manufacturing of Wearing Apparel for the month of March, 2020 is 154.0 which has shown a decline of 20.5% as compared to March, 2019.
Manufacturing of Wearing Apparel for the financial year Apr-March, 2019-20 is 160.5 which has shown a positive growth of 4.1% as compared to the financial year Apr-March, 2018-19
