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

Courtesy: European Commission/European Union

Textiles | On 26th May 2018

EU set to negotiate FTAs with Australia & New Zealand

The European Union is all set to begin negotiations for free trade...

US bans import of cotton goods from Turkmenistan

Textiles | On 26th May 2018

US bans import of cotton goods from Turkmenistan

The US Customs and Border Protection (CBP) has issued a Withhold...

FPCCI prepares report on Pakistan's export issues

Textiles | On 26th May 2018

FPCCI prepares report on Pakistan's export issues

Federation of Pakistan Chambers of Commerce and Industry (FPCCI)’s...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Silke Brand-Kirsch
Schlegel und Partner

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Tony Ward
Tony Ward

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search