Textile Exports In India Rise
In the past three years, cotton spinning yarn, cloth and other textile and garment items in India
yield
Rise.
The message was made by the State Councilor lax, who was responsible for the textile industry in India, when he wrote to the people's court.
According to the latest available data, in the 2008-09 fiscal year to fiscal 2010-11, India's cotton production increased from 4 billion 930 million kg to 5 billion 525 million kg; the output of spinning increased from 3 billion 912 million kg to 4 billion 713 million kg; the output of fabrics increased from 54 billion 966 million square meters to 62 billion 542 million square meters; the output of synthetic fibers increased from 1 billion 66 million kg to 1 billion 285 million kg; the production of synthetic filament yarn increased from 1 billion 418 million kg to 1 billion 550 million kg.
In 2008-09 fiscal year to 2010-11 fiscal year, India textile and clothing products export revenue reached US $70 billion 500 million.
The export target for 2008-09 fiscal year to fiscal year 2010-11 is US $52 billion 40 million.
No export was set in fiscal year 2009-10.
target
This is due to the global
Economics
Decline, lah said.
In the 4-7 months of the current fiscal year, the export revenue of textiles reached US $10 billion 320 million, and the export volume in the last fiscal year was US $7 billion 750 million.
The India government introduced several export promotion measures in the federal budget of fiscal year 2011-12 and foreign trade policies in fiscal year 2009-14, including incentives based on the focus market plan and focused product plan.
The market link of textile products focuses on the coverage and expansion of the product plan, in order to increase India's share in the global textile and clothing trade.
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