An Assessment Of Trends In India's Comparative Advantages In Textile And Clothing Exports

Abstract

India enjoyed distinctive advantage in the apparel and clothing industry in the aftermath
of 1991, when India initiated structural reforms to integrate with the global economy. This paper
analyses India’s comparative advantage in apparel and clothing exports between years 2001 to
2019. The analysis utilizes a variant of Balassa’s Revealed Comparative Advantage method and
Constant Market Share (CMS) to analyses the trade competitiveness. Overall the findings reflect
that India enjoys comparative advantage in HS61 product group. As per CMS the apparel and
textile exports reflect competitive advantage.