Home / Knowledge / News / Apparel/Garments / India keen to increase share in world's merchandise exports
India keen to increase share in world's merchandise exports
Aug '11
India's share in world merchandise exports increased to 1.73 per cent during first quarter of Calendar year 2011 from 1.49 per cent in the corresponding period last year. China's share however in world merchandise exports increased to 9.45 per cent from 9.14 per cent during the same period. Mr. Jyotiraditya M. Scindia, the union minister of state for commerce and industry informed rajya sabha in response to a question from the member Mr. Parimal Nathwani.

The minister stated that Chinese government's focus on domestic consumption was likely to enhance exports of consumer products like garments, processed jewellery, small cars, engineering products, household goods, etc from India to China.

To increase our share and diversify the markets and products; the minister added; incentives have been provided under various schemes such as Focus Market Scheme (FMS), Focus Products Scheme, Market Linked Focus Product Scheme; and Vishesh Krishi and Gram Udyog Yojana (VKGUY); in the Foreign Trade Policy (FTP) 2009-14 announced in January and March 2010, again in the annual supplement to FTP released on 23rd August 2010; and in February 2011.

The minister also stated that Indian industry had some competitive edge in the sectors such as drugs and pharmaceuticals, IT and ITES, automotive and engineering. He said there was also a greater potential for economic co-operation in power equipment, infrastructure and telecom sector. Indian companies in these sectors were encouraged to participate in trade fares organized in China to show-case their products in Chinese market and seek greater collaboration with Chinese companies; the minister added.

Member of Parliament

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search