Data released by the Ministry of Commerce and Industry shows, India’s kids wear exports declined 6.11 per cent during Q1 FY21 to $436.59 million compared to Q1 ’20. Knitwear exports grew 14.58 per cent to hit $ 243.72 million export revenues, while the shipment of woven kids wear sunk drastically by 23.55 per cent to $192.87 million.
In March ’21, growth in both knit and woven kids wear segment remained positive with collective exports growing by 18.06 per cent on Y-o-Y basis to $142.95 million. Amongst top five export destinations for Indian kids wear the US, UAE and France grew during Q1 ’21, while exports to UK and Germany declined. Exports to the US grew 58.60 per cent in March ’21 to reach $22.41 million from $14.13 million in March’20.