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In the same year, the world apparel export trade accounted for US $460 billion, and China was the leading apparel exporter with US $177.4 billion (Idem).
Several states are setting up apparel export parks and providing incentives to garment makers.
The federal government has set a textile and apparel export goal of $50 billion annually by 2010, though some industry experts say the gains for Indian exporters may become obvious only after a couple of years.
"Everybody wants to scale up," said R. Krishna Kumar, managing director of Integra Apparels, the new apparel export division of Piramal Enterprises, a $500 million Mumbai-based industrial group that is seeking to expand its textile making business by branching out into apparel exports.
Apparel export is crowded and dependent on single large orders.
In the previous three-year period, China, on the other hand, geographically close to Korea, is conversely ranked first in the world in the textiles and apparel export sector.
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These wages have powered Bangladesh to $20bn per year in apparel exports, making it the second-largest exporter of garments in the world after China.
With 3.6 million garment workers and more than $18 billion in apparel exports last year, Bangladesh is the world's second-largest apparel exporter after China.
Some note, however, that the expense would be just a fraction of the $18 billion worth of apparel exported annually by Bangladesh, the second-largest garment exporter after China.
China has emerged as the largest exporter of fast fashion, accounting for 30% of world apparel exports, according to the UN Commodity Trade Statistics database.
Myanmar is rapidly increasing apparel exports to the United States.
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