Home / Knowledge / News / Textiles / Textiles is India's top labour intensive export item
Textiles is India's top labour intensive export item
12
Dec '14
Textiles has the lion’s share in India’s exports from labour intensive sectors, according to data from the Directorate General of Commercial Intelligence and Statistics (DGCI&S), Kolkata, under the Ministry of Industry and Commerce.
 
In the first half of current financial year 2014-15, textile exports earned US$ 16.7 billion or 74.22 per cent of total $22.5 billion worth of exports made by labour intensive sectors in India.
 
However, the percentage of textile sector export earnings in April-October 2014 has fallen compared to the previous three years.
 
In financial year 2011-12, textiles sector accounted for $27.2 billion or 80.23 per cent of $33.9 billion worth of exports made from labour intensive sectors. Exports of handloom products and carpets, not included in textiles, stood at $0.6 billion and $0.8 billion, respectively.
 
In 2012-13, textiles accounted for $26.4 billion or 79.51 per cent of $33.2 billion earned from exports by labour intensive sectors. Similarly, in 2013-14, textile sector exports stood at $30.5 billion or 80.05 per cent of $38.1 billion fetched from exports made by labour intensive sectors.
 
Giving this information in Rajya Sabha, the upper house of the Indian Parliament, Minister of State (Independent Charge) of Commerce & Industry Nirmala Sitharaman said, the Government supports exports of handloom, handicrafts and other labour intensive sectors through various schemes under Foreign Trade Policy like, Focus Market Scheme, Market Linked Focus Product Scheme, Focus Product Scheme and Duty Drawback Scheme.
 
In her written reply to the house earlier this week, Sitharaman said exporters of labour intensive products can also avail duty free import of capital goods under EPCG scheme and raw materials under Advance Authorisation Scheme or Duty Free Import Authorization (DFIA) Scheme.
 
In addition, exports of labour intensive sectors (textiles, handloom products, carpets, handicrafts, sports goods, and leather) are also supported through different schemes implemented by various Ministries and Departments, she added. (RKS)
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 28th Jul 2017

Aditya Birla Fashion Q1 revenue up 25% y-o-y

Driven by strong performance across all business segments, revenue...

Fashion | On 28th Jul 2017

Kering’s first half consolidated revenue up 28.2%

Kering has announced a consolidated revenue of €7,296.2 million for...

Courtesy: Business wire

Textiles | On 28th Jul 2017

Taiwan launches new products at Outdoor Retailer show

The Taiwan External Trade Development Council (TAITRA) hosted the...

Interviews View All

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Larry L Kinn
Suominen Corporation

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
61.1%
No
22.2%
Skip
16.7%

Total Votes: 18

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
33.3%
No
44.4%
Skip
22.2%

Total Votes: 18

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
5.6%
Skip
11.1%

Total Votes: 18

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
50.0%
No
11.1%
Skip
38.9%

Total Votes: 18


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



X