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    India Textile Clothing Manufacturers Expect Export Growth Of 14 In Fiscal Year 15-20%

    2013/7/22 17:19:00 12

    IndiaTextilesClothingExports

    < p > < a target= "_blank" href= "http://www.91se91.com/" > textile > /a > goods and clothing manufacturers all expect export growth to increase by 15-20% this year as textile minister K Sambasiva India has fully supported the textile industry, while the India government plans to implement some new measures to promote exports.

    < /p >


    "P," said Nair, Secretary General of the India Textile Industry Federation (CITI), "at present, all industries in the textile value chain are doing well both at home and in the international market."

    < /p >


    < p > he said: "since the beginning of this year, the export of the national textile and garment industry is likely to increase by 15-20%. If the federal government immediately implements some measures that are expected to be promulgated, the export is likely to further expand."

    < /p >


    Manikam Ramaswami, chairman and general manager of P Textile Co., Ltd. also expects that the export of India textile "a href=" http://www.91se91.com/news/index_p.asp "clothing" /a will increase by 15-20% this year.

    "India textile and garment manufacturers should focus on improving internal efficiency rather than requiring preferential measures," he said.

    < /p >


    < p > Dr. A Sakthivel, President of India Garment Export Promotion Committee (AEPC), said that in June 2013-14, India's clothing exports were 1 billion 240 million US dollars, up by 12.13%. < /p.


    < p > because world famous chain stores and international brands are interested in expanding their procurement from India, India's increased orders are expected to be US $3 billion.

    In this way, the new export orders received by the India factory this year have surged to an unprecedented level.

    < /p >


    Last week, the high level committee meeting led by Mohan Singh, President of P, decided that the competitiveness of India's clothing industry could be improved rapidly through a comprehensive package of competition measures.

    < /p >


    < p > in 2012-13, < a href= "http://www.91se91.com/news/index_p.asp" > India < /a > clothing exports dropped by about 5% to 12 billion 900 million US dollars, mainly due to the reduction in demand from the US and EU, which accounted for more than 60% of India's total garment exports.

    < /p >

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