Apparel export up 4% in ’08-09
COIMBATORE: Despite the global meltdown, apparel exports from the country registered over 4% growth in 2008-09 fiscal. In value terms, exports clocked $10.13 billion in 2008-09 as against the $9.68 billion in 2007-08, Apparel Exports Promotion Council (AEPC) Chairman Rakesh Vaid told reporters at nearby hosiery town of Tirupur. Vaid attributed the reason for the growth to the robust performance witnessed in the first two months—April and May in 2008, after that there was a slowdown during the last six months of the fiscal.