Home / Knowledge / News / Apparel/Garments / Union Textile Minister eyes $25 bn apparel exports by 2012
Union Textile Minister eyes $25 bn apparel exports by 2012
Dec '09
The apparel export industry provides employment to 2.5 million workers directly, and three million indirectly, earns foreign exchange of Rs.50,000 crore annually and the need of the hour is to raise the level of exports to US$ 25 Billion by the year 2012, said Thiru Dayanidhi Maran, Union Textile Minister while giving away the apparel exports awards and life time achievement awards.

The Textiles Minister said that approximately half of our textiles production is exported and textiles exports contribute 13.5% to country's merchandise exports. Still our presence in international textiles trade is minimal. The prime reason for our low share in international trade is the pre dominance of low value items in our export baskets and our insignificant presence in man-made textiles which predominate in textiles trades with a 70% share.

We have to work on our strength and convert them into competitive edge to exploit the opportunities offered by the free market economy, while weaknesses hindering our growth have to be eliminated or their impact minimized through a well defined initiatives, whether they may fiscal, technology driven or policy or market interventions to emerge as a strong international cost and quality competitive textiles economy, said Thiru. Maran.

The Textiles Minister said that Indian textiles and apparel exports, which are currently US$ 22 billion, are expected to register four folds increase to touch US$ 90-100 billion in the next twenty five years. Approximately 60% of Indian exports of textiles and over 70% of clothing are to USA and EU 27 markets, and there is an urgent need to broaden product mix and explore new markets, while maintaining and increasing Indian textiles and clothing(T&C) share in core markets through product innovation and diversification, said Thiru. Maran.

To diversify the T&C exports and reduce dependence on USA and EU 27, the Government is promoting exports to Japan, South East Asia and Australia under its 'Look East Policy', said the Minister.

The Minister said that we are also concentrating on the US and European Union, our traditional markets. The US textiles and clothing market will come out of recession soon and my recent visit there has immensely helped exporters to grab a large chunk of market, said Thiru. Maran. The Minister hoped that if sustained efforts are made by the industry, the country can capture additional US$ 1.5 billion textile and clothing export in US market, which will also help to generate additional employment opportunities.

The Minister said that recognizing the importance of foreign investment in textiles sector, he had led a Industry delegation to Tokyo, Las Vegas, Zurich, Milan and Istanbul and invited the major international player to collaborate with Indian textiles Industry in manufacture of fabric and garmenting, setting up of Green Field Units in textiles machinery, manmade fibre and yarn and create brand equity with Indian Apparel Company. The response has been overwhelming and we expects to get positive results very soon, informed Thiru. Maran.

Click here for more details.

Minister of State for Textiles

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Textiles | On 24th Oct 2016

TPP may hit roadblock

The 12-member Trans-Pacific Partnership (TPP) that was signed earlier ...

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Interviews View All

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search