The Indians have been selling more Indian clothing, which is not just because of the government’s push to produce more of the country’s rich brands, such as luxury watches, handbags, shoes and apparel.
It also reflects a country that has been buying more from abroad, according to Indian retail analysts.
In the past year, Indian apparel has overtaken the U.S. as the world’s second largest source of apparel exports.
While U.K. apparel is also a major export market for the Indian economy, India has been moving to focus more on its own brands.
The country’s government has been trying to diversify its portfolio of brands, but some of its most popular brands have remained in India, such in the fashion and fashion accessories sector.
For example, luxury shoes are made in India and are also exported to the U., but American manufacturers such as Nike, Adidas and Gucci are making inroads in the country.
Indian companies have been aggressively expanding their brands abroad in recent years, and it is expected to continue to grow.
The Indian economy grew by 5.6% in the third quarter, more than double the rate of the previous quarter.
India’s manufacturing output in the first quarter, however, fell 1.6%, the weakest in four quarters, and is expected by analysts to contract for the second quarter.
For more on India, see: India to create 1 million jobs this year in manufacturing, tourism, tourism-related services and technology sectors Posted by India at 20:00