Follow us on
Welcome Guest! You are here: Home » Business & Economy
India's textile export up 12 percent in 2013
Friday August 15, 2014 6:06 PM, IANS

Signalling a positive shift in India's textile export, the country shipped $36.69 during 2013 from $32.88 billion in 2012, up 11.58 percent.

According to the Textiles Ministry, $39.31 billion worth of textile, clothing and handicrafts, during 2013-14 up 12.58 percent percent.

The country had shipped textile, clothing and handicrafts worth $34.93 billion during April-March, 2012-13.

Exports of clothing and textiles roped in foreign currency inflows of $35.42 billion during April-May, 2014-15, up 12.75 percent from $31.62 billion during 2012-13.

Figures obtained from Foreign Trade Statistics of India and Directorate General of Commercial Intelligence and Statistics (DGCI&S), Kolkata, the exports of clothing and textiles stood at $32.94 billion in 2011-12.

Statistics from Global Trade Information Service showed that China's textile exports grew to $274.05 billion during 2013 from $246.12 billion during calendar 2012.

European Unions' textile exports grew to $56.11 billion from $53.057 and US's $26.76 from $26.56 billion in the like period.

The Textile Ministry said that the government is helping the industry by exploring new markets by holding exhibitions in Russian Federation, Israel, Eastern Europe, Latin American countries and other non-traditional markets.

"Government is providing grants under market access initiative and market development assistance scheme for this purpose," the ministry said.






Share this page
 Comments
Note: By posting your comments here you agree to the terms and conditions of www.ummid.com
comments powered by Disqus
Advertisement
| Quick links
About ummid.com
Contact us
Feedback
Subscribe to: RSS » Facebook » Twitter » Newsletter
Ummid.com: Disclaimer | Terms of Use | Advertise with us | Link Exchange
Ummid.com is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.
© 2012 Awaz Multimedia & Publications. All rights reserved.