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DROP IN READYMADE GARMENTS EXPORTS TO US (exports to the European Union up 1.48 percent in volume).

Asia Africa Intelligence Wire

| May 31, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From India Business Insight)

The Apparel Export Promotion Council says that exports of readymade garments to the US declined by 2.39 percent in volume to 155.4 million pieces and by 6 percent in value to $755 million during Jan-Apr 2004. The industry attributes the decline mainly to the appreciation of the rupee …

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