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Congress general secretary Jairam Ramesh shared a news report citing Global Trade Research Initiative data, which claimed that India’s garment exports for 2023-24 stood at USD 14.5 billion, down from USD 15 billion in 2013-14.
Ramesh emphasized the irony, noting that Finance Minister had previously lauded labor-intensive sectors as vital for job creation. ‘In 2013-14, India’s garment exports were USD 15 billion, second only to China. By 2023-24, they had declined to USD 14.5 billion,’ he pointed out. Ramesh stressed that Vietnam and Bangladesh have far outpaced India’s growth in this sector, calling the situation a clear case of self-strangulation due to government inaction.