Textile Exports In India Have Steadily Recovered Over The Past Three Years.
The textile industry in India is one of the largest labor-intensive industries in China. Manual spinning And weaving enterprises, on the one hand are capital intensive equipment and good textile enterprises.
The textile industry provides direct employment opportunities for about 35000000 people. Export enterprises play a key role in the economy. Economics One of the important pillars.
In 2008-09, in the 2009-10 and 2010-11 years, the textile industry earned 21 billion 230 million US dollars, US $22 billion 420 million and US $26 billion 830 million respectively.
In 2008-092009-10 and 2010-11, exports of textiles and clothing products, including coconut shell fiber, coconut shell fiber manufacturing and jute, accounted for 11.46%, 12.54% and 10.63% of the total value of national economic exports.
According to the latest provisional figures released by DGCI&S, exports of textiles and clothing products accounted for exports during the month of April 2011 -7. Gross value The ratio is 9.28%.
The information comes from the written reply of the Minister of textiles to the federal Academy on Wednesday.
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