Textile and garment exports target set to $45 bn for FY18

Related Keywords: attract potential investors, current fiscal, India EU free trade agreement, labour intensive sector, lower than the initial target, National Textiles Policy, road shows, set to USD forty five billion, special package for the knitwear industry, stiff competition, Textile and clothing export target, Textile Ministry, zero duty access

New Delhi
Textile and garment exports target set to $45 bn for FY18
Summary: 
The country’s textile and clothing export target is set to $45 billion for the current fiscal, lower than the initial target of $48.5 billion set for the previous fiscal which was missed by a huge margin. Nevertheless the target for 2017-18 represent a 17 percent rise from the actual level of $38.6 billion in 2016-17, according to provisional official estimates.

The country’s textile and clothing export target is set to $45 billion for the current fiscal, lower than the initial target of $48.5 billion set for the previous fiscal which was missed by a huge margin. Nevertheless the target for 2017-18 represent a 17 percent rise from the actual level of $38.6 billion in 2016-17, according to provisional official estimates.

http://indianexpress.com/article/business/market/govt-cuts-textile-and-garment-exports-target-to-45-billion-4668904/
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Textile ministry to promote Indian textiles to new markets

Related Keywords: declining textile exports, exploring new markets for textiles exports, Indian textiles, road shows, Textile Ministry

Mumbai
Textile ministry to promote Indian textiles to new markets
Summary: 
Declining textile exports have prompted India to look outside traditional markets and tap the ones being served by competitors such as China. The textiles ministry of India is planning to do roadshows to promote textile exports in the new markets.

Declining textile exports have prompted India to look outside traditional markets and tap the ones being served by competitors such as China. The textiles ministry of India is planning to do roadshows to promote textile exports in the new markets.

They used to hold roadshows in the past and wanted to approach new markets through these. They have identified Russia, South America and West Asia to boost exports.

http://economictimes.indiatimes.com/news/economy/foreign-trade/india-plans-roadshows-for-promoting-textile-exports-to-new-markets/articleshow/54803013.cms
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