India’s readymade garment exports to surge. It would be over $30 billion by 2027, said the report by rating agency CareEdge. Indian readymade garment exports have been stagnant for the past five years. India’s shares in UAE and Australian markets are expected to rise. The trade deal with the UK would be a game changer. India’s current market share in the EU is 4-5 per cent. China is the largest player, holding 33 per cent of the total exports. Other countries are Bangladesh, Vietnam, Germany, Italy, Turkey, and Spain.
