Home / Knowledge / News / Textiles / Africa & Latin America to boost Indian exports – Scindia
Africa & Latin America to boost Indian exports – Scindia
22
Apr '10
Jyotiraditya Scindia, Union Minister of State for Commerce and Industries, while emphasising on the need to broaden the horizons of the nation's international business, said that, Africa and Latin America were under consideration by India as potential markets for overseas sales.

He recently made a statement that, according to him, it was essential to branch out country's overseas business, so as to increase the overseas sales.

The minister stressed on the immediate need of entering the African and Latin American markets so as to increase exports. He also stated that, keeping in the mind the new export avenues, new policies were being formulated.

While the country's exports for previous fiscal were approximately US $170 billion, for the current fiscal, Scindia claimed that, the export target was fixed at $200 billion. He further added that though, he is hopeful of achieving this new target figure, but the same would not happen if the engineering, handicraft, leather, and handloom sectors were not strengthened.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 27th Jun 2017

Vietnam to build fashion, textile, trading centres

Vietnam's Ho Chi Minh City will build large centres for designing...

Textiles | On 27th Jun 2017

Barcelona’s Unitin develops recycled Indigo yarns

Unitin, a trademark of Industrias Morera SA and a leading textile...

Information Technology | On 27th Jun 2017

ThreadSol to bring fabric solutions to Thailand

ThreadSol, an enterprise material management provider for the sewn...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Jay Ramrakhiani
Occasions Elegance Wear

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

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


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