Question
Consider the following statements about India’s
textile and apparel exports in 2023: 1. India ranked as the 6th largest exporter of textiles and apparel in 2023. 2. India’s share in the global textiles and apparel market was 4.9% in 2023. 3. China is the largest exporter of textiles and apparel in the world. Which of the statements are correct?Solution
India’s Textiles and Apparel Export in 2023 • Global Ranking: India is the 6th largest exporter of textiles and apparel globally, with a 3.9% share in the world market. • Top Exporters: o 1st: China o 2nd: European Union o 3rd: Bangladesh
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