Business standards have reported that Indian exports have grown by 42% compared to the same period (June) last year. With cotton t-shirts and shirts leading the way. In rupee terms, the exports have increased by 36.86 percent in June 2011-12 over the same month of previous fiscal. In the first three months of the financial year 2011-12, apparel exports have reached US$ 3.581 billion (Rs 15,824 crore approx.) at a growth rate of 34.47 per cent against the corresponding period last year.