Indias textile exports remain flat in 2015-16
The Dollar Business Bureau Santosh Kumar Gangwar, Minister of State for Textiles said on Thursday that the textile exports of India remained flat in the last financial year, at $40 billion as compared to $41.4 billion in the previous year. "Regardless of poor condition of market, the Indian textile industry did well as compared to other sectors on the export front. The country’s textile exports, in 2015-16, remained at $40 billion," the Minister said after the inauguration of Technotex 2016 conference in Mumbai. However, exports during FY 2015-16 were less than the $47.5 billion target fixed by the government for textile and clothing. The textile minister further said that in the technical textile sector, the country has a huge ...
