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: textile ministry
Textile exports in 2014-15 registered a 3 per cent growth at $41.7 billion, against the targeted $45 billion. There was a significant uptick in the overseas sales of handicrafts (17 per cent), carpets (15 per cent), ready made garments (12 per cent), silk (13 per cent), and wool and woollen textiles (18 per cent).
The ITJ, in an exclusive report, presents the pulse of the industry in summarised statements about prospects in 2015 from a cross-section of industry leaders, experts and concerned authorities.
The ITJ, in an exclusive report, presents the pulse of the industry in summarised statements about prospects in 2015 from a cross-section of industry leaders, experts and concerned authorities.
The Union Minister of Textiles Dr Kavuru Sambasiva Rao presented the SRTEPC awards to leading companies for excellence in exports for the year 2012-13 at a function held in Mumbai