With Chinaâ€™s present share in global export of textiles and apparel estimated to decrease from 40% to 33% by 2025 which is likely to open an opportunity of more than US$ 150 billion for other exporting nations including India to increase its exports.
India has mapped strategy to achieve the target of US Dollar 48.5 billion for textile sector in current financial year by announcing the special package of Rs 6,000 crores which will boost the employment generation and export of textile and apparel.
The information was given by the Minister of State for Textiles, Ajay Tamta in a written reply to a Rajya Sabha question.
According to reports, Indian exporters have been edged out of traditional markets like Europe by exporters from Bangladesh and China.
In 2015-16, India exported $36.25 billion worth of textiles and related goods, a 2.4% decline from 2014-15.
A weekly report covering market and price information on the entire chain of polyester along with online access to daily polyester chain prices.
One-time reports that are issued annually cover the demand and supply trends in individual products including polyester, nylon, acrylic, viscose, and cotton.
One-time reports that are issued annually cover the demand and supply trends in the individual country's natural and manmade fiber/filament industries.
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