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Piecewise Garment Exports Drop In Three Years; High Costs To Blame, Say Exporters, Retail News, ET Retail


Piecewise garment exports drop in three years; high costs to blame, say exportersLudhiana: Total number of pieces of readymade garments (RMG) exported from India has registered a decline in the past three years. However, amount-wise the total exports of RMG have registered an increase and exporters say it is merely because of inflation and increase in the cost and selling prices of the products.

Garment exporters claim that the decline is because of falling demand of Indian-made garments due to high costs as compared with other countries. They said the government must take note of this trend of decline in piecewise exports and take corrective measures.

Harish Dua, executive council member of Apparel Exporters Promotion Council who has got this data from government sources, said, “Information sourced from the Directorate General of Commercial Intelligence and Statistics (DGCI&S) says the total export of RMG piecewise in 2018-19 was 3,88,94,96,000, which fell to 371,68,62,000 in 2019-20. In 2020-21, the quantity further tumbled to 315,36,53,000. So, it is evident that during the past three years, the total number of RMG exported from India has fallen drastically, despite amount-wise figures showing a positive growth. Ludhiana’s garment and textile industry forms about 50% of the total export quantity.”

Dua added, “These stats are worrisome as they clearly show that the demand for India-made RMG is falling solely because of our rising costs and selling price of the garment is on the higher side compared with other countries. The government should take measures to ensure that the RMG exports increase on the ground and it must announce subsidy and incentive schemes, so that we can bring down our cost of production and offer our products at competitive rates.”

Dinesh Kalra, president of Ludhiana Business Forums, said, “Garment exporters need a lot of hand-holding from the Centre, as countries like Bangladesh and Vietnam, which a decade ago were hardly a competition to us, have toppled us from our position and taken over. This has been made possible only due to the price advantage they have over us as they have the support of their governments. We urge the Centre to help garment exporters facing tough competitions.”





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