Severe competition on global level and lack of initiatives and direction on the domestic front have made a dent in India´s textile exports with a dip in figures for FY 2014-15, diminishing the scope of achieving the cherished goals. S Joseph & M Karthik take an overall look at the scene.
Browsing: Apparel Export Promotion Council
The Indian textile industry is currently on a roll. The textile industry?a leader among major industries in India?has overtaken Germany and Italy to be the world No. 2 in textile exports, but it lags behind China, whose exports are whopping seven times higher, according to a data released by the Apparel Export Promotion Council, the industry body for garment exporters.