India’s share in global textile market reaches 4.11%

As per data released by WTO Secretariat for the calendar years 2009, 2010 and 2011, the share of Indian textiles and clothing exports in world’s export were 3.98%, 3.98% and 4.11% respectively. The Government has made various policy interventions to increase the Indian share in global trade and to increase annual production of textile goods including the schemes like Technology Upgradation Fund Scheme, Scheme for Integrated Textiles Park, Integrated Skill Development Scheme and Integrated Processing Development Scheme

The Ministry of Textiles has been in receipt of representations from various Councils and Industry Associations including SIMA and CITI for policy support. The recommendations of the Ministry of Textiles on the proposals have been sent for consideration/inclusion in Foreign Trade Policy and Budget 2014-15.

The information was given by the Minister of State in the Ministry of Textiles Smt. Panabaaka Lakshmi in a written reply in the Rajya Sabha today.

Recent Posts

Deven Supercriticals unveils waterless dyeing technology

Deven Supercriticals has unveiled the commercial-scale operation of SUPRAUNO, marking a major milestone in the transition toward sustainable textile dyeing.

14 hours ago

G-Star Raw, Agbobly launch innovative corseted denim

G-Star Raw has collaborated alongside Jacques Agbobly to introduce a women’s low-rise flare jean with a detachable corset.

14 hours ago

Boss to debut degradable polyester yarn at the Australian Open

German fashion brand Boss is set to showcase an innovative degradable recycled polyester yarn, NovaPoly, in its tennis kits worn…

14 hours ago

Mercedes-Benz to use sustainable leather alternative for vehicle interiors

Mercedes-Benz AG has launched Tomorrow XX designed to accelerate decarbonisation, responsible resource use and circularity across the entire lifecycle of…

2 days ago

İHKİB to support digital transition in apparel supply chain

İHKİB has launched a new initiative to help apparel manufacturers respond to growing global demands for traceability, low-carbon production and…

2 days ago

Advance Denim, Lenzing launch authentic denim with TENCEL Lyocell HV100

Advance Denim has partnered with Lenzing Group to redefine eco-conscious denim with the adoption of TENCEL Lyocell, HV100 by securing…

2 days ago