Indian textile exports on upswing in last three years

01 Dec '11

1 min read

The textile industry is one of the most labour intensive industries spreading over hand spun and hank woven sector at one end of the spectrum, and the capital intensive sophisticated mill sector at the other.

Textile sector provides direct employment to over 35 million people. The exports being made by the sector has a key role in the economy and is one of the mainstays of the national economy.

During the period 2008-09, 2009-10 & 2010-11 the foreign capital earning by this sector was valued at US$ 21.23 billion US$ 22.42 billion and US$26.83 billion respectively.

The share of exports of textile & clothing items (including coir & coir manufacturers and jute) in the total export value of the economy was 11.46%, 12.54% and 10.63% for the period 2008-09, 2009-10 and 2010-11.

As per latest provisional figure released by DGCI&S, the share of export of textile & clothing items in the total exports value was 9.28% for the period April-July, 2011.

This information was given by Smt. Panabaaka Lakshmi, Minister of State for Textiles in written reply to a question in Rajya Sabha.

Ministry of Textiles

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