To encourage small enterprises to export, the Export-Import Bank of India (Exim Bank) plans to start a portal ‘Exim Mitra’.
Browsing: textile exports
An expert panel constituted by the government on Monday submitted the draft of the new National Textiles Policy, which aims to achieve $300 billion exports by 2024-25, and creation of additional 35 million jobs by attracting investments.
The SRTEPC has played a transforming role over the years in promoting exports of Indian Man-made fibre textiles. Exports of these items which were negligible in the 1960s, have grown substantially to touch Rs. 34,518 crores (US$5.75 billion) during 2013-14.
India stands second to China in textile exports, and the former is far ahead of western countries including Germany & Italy, reveals data released by the Apparel Export Promotion Council (AEPC). However, Chinas export is seven times higher than that of Indias.
India stands second to China in textile exports, and the former is far ahead of western countries including Germany & Italy, reveals data released by the Apparel Export Promotion Council (AEPC).