Sanjay K Jain, Chairman, CITI has revealed that exports of textile and clothing sector recorded a hike of 18 per cent fetching Rs 21,895 crores during August 2018 compared to Rs 18,533 crores in the previous year. The progressive figures witnessed a 6 per cent growth and registered Rs 1,01,727 crores during April-Aug this year as compared to Rs 95,888.00 crores recorded last year during the same time period.

Imports for textile yarn fabric & made-ups recorded a surge of 32 per cent at Rs 1,196 crores during August 2018 as compared to Rs 907 crore during the previous year. The cumulative import figures stood saw a hike of 11 per cent at Rs 5,347.00 crores during April-Aug 2018 from Rs 4,799 crores last year.