Home / Knowledge / News / Textiles / India's 2012-13 textile exports below target: Minister
India's 2012-13 textile exports below target: Minister
Apr '13
Mr. Anand Sharma
Mr. Anand Sharma
During the first eleven months of fiscal year 2012-13, India exported textiles worth US$ 28.4 billion, much below the target of US$ 39.6 billion set for the entire fiscal.
In a written reply to the Lok Sabha, the lower house of Indian Parliament, Textiles Minister Anand Sharma said India’s textile exports grew from US$ 22.4 billion in 2009-10 to US$ 27.7 billion in 2010-11 and US$ 33.31 billion in 2011-12.
Textile exports for April-February 2012-13 stands at US$ 28.4 billion, the Minister informed.
Mr. Sharma said India’s share in world textiles exports was 3.87 percent in 2009, which grew to 3.98 percent and 4.10 percent in 2010 and 2011, respectively.
The Minister said the Government has explored new markets for textiles in Latin America, Southeast Asia, Africa and the Middle-East, in addition to Japan, Israel and Australia, in view of the recent slowdown in the EU and the US economies.
In order to boost textile exports, the Indian Government has extended the two percent interest subvention scheme on handlooms, carpets and garments up to March 2014. It has also extended additional duty credit of two percent of freight on board (FOB) value on export of certain knitwear for 2013-14. 

Fibre2fashion News Desk - India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

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

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

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Larry L Kinn
Suominen Corporation

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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