Gujarat garment air exports fall, but rescued by new products: Emirates
2012 04 02
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GARMENT exports from Gujarat state in northwestern India, which once accounted for a big share of air freight, have fallen, but a range of new products still fill air cargo holds, reports Emirates Airlines.
Emirates operates 10 cargo flights carrying 150 tonnes a week from Ahmedabad, had a 13 per cent share of garments export in 2008-09, which fell to three per cent last year, reports India's Daily News & Analysis.
But Emirates says an increase in exports of herbs, vegetables, fruit, pharmaceuticals, chemical and engineering products keeps the air export volume flow even.
"On one side, garment exports have come down and on the other side, vegetables, in particular herbs and fruits have picked up momentum. Even the exports of pharmaceuticals, chemicals and engineering goods have increased," said Emirates India-Nepal cargo chief Keki Patel.
Said Emirates Gujarat cargo chief Mahendra Pokhriyal: "It looks like the manufacturing of garments has shifted to Bangladesh and Sri Lanka. Thus, we have seen a drastic fall in the exports of garments from Gujarat. Earlier, a pair of jeans and other apparel, made in Gujarat, were exported to US and European markets. Now, this has fallen."
Overall the Indian export scene looks healthy compared to the global outlook, said Emirate cargo vice president Pradeep Kumar. "In 2011, the trade didn't go on expected lines. On the average, the air freight has been growing at a rate of six to 6.5 per cent. But due to the crisis in Europe and US, air freight growth globally remained stable throughout the year. We expect some growth in the second half of the year."
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The magazine JŪRA has been published since 1935. International business magazine JŪRA MOPE SEA has been published since 1999.