Home / Knowledge / News / Textiles / Textiles & apparel share in exports rises to 15%: Report
Textiles & apparel share in exports rises to 15%: Report
Nov '16
Courtesy: PIB
Courtesy: PIB
The share of textiles and apparel in total exports of India increased to 15 per cent in 2015-16, compared to 13 per cent in 2013-14, according to a report released by the textiles ministry. FDI equity inflow grew by 16 per cent in the 2015-16 over fiscal 2013-14 and the government has also approved a special package of Rs 6,000 crore for the sector.

The ‘Make in India – Textile and Apparel Sector Achievement’ report released by the ministry of textiles and the department of industrial policy and promotion states that the special package has been provided with the aim of creating 1 crore jobs in the next 3 years. The funds will also be used for attracting investments worth $11 billion and generate $30 billion in exports.

Categories like readymade garments, wool and woolen textiles, silk, carpets, handicrafts and coir and coir products recorded the highest export growth. Textile and apparel exports are estimated to reach $62 billion by 2021 from $38 billion in 2016. While Europe and America are the key markets for India, new markets such as Iran, Russia and South America are opening up new possibilities.

The Revised Restructured Technology Fund Scheme (RRTUFS) has been modified to launch the Amended Technology Upgradation Fund Scheme (ATUFS), which provides a one-time capital subsidy for ‘eligible machinery’ for a period of 7 years. The scheme with a budget provision of Rs 17,822 crore for 7 years has been introduced to attract investment of up to 1 lakh crore and employ 35 lakh people. An additional incentive of 10 per cent subsidy is provided to garmenting units which avail the Capital Investment Subsidy (CIS) under ATUFS.

The report says that a variety of tax reforms and benefits have been introduced in the past two years to promote the sector and improve infrastructure. The textiles ministry is also implementing North East Region (NER) Textile Promotion Scheme (NERTPS) with a total outlay of Rs 1038.10 crore to promote employment and encourage entrepreneurship especially amongst women. The Scheme for promoting Geotechnical Textiles in North East Region (NER) with a budget of Rs 427 crore has also been launched to promote and utilise geo textiles in development of the infrastructure in the NER states.

To help budding entrepreneurs develop innovative technical textile products, 6 Focus Incubation Centres (FIC) on Technical Textiles have been set up at a cost of Rs 17.4 crore. Efforts are also being made to promote the handloom sector that employs around 4.3 million people and has about 2.37 million handlooms.

Under ease of doing business initiatives, the government has exempted textiles and textile articles imported from specific countries like European Union, Serbia, Poland, Denmark and China from testing of samples for presence of Azo Dyes. The report also states that under the Integrated Skill Development Scheme (ISDS), the ministry has trained more than 5.3 lakh youth in textile trades. (KD)

Fibre2Fashion News Desk – India

Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 28th Nov 2020

3 Bangla RMG firms present energy efficiency action plans

Small energy efficiency working groups (SEEWGs) of three top tier...

Pic: Shutterstock

Textiles | On 28th Nov 2020

Pak PM asks ministries to help textile sector meet demand

Pakistani Prime Minister Imran Khan recently directed the commerce...

Pic: Shutterstock

Apparel/Garments | On 28th Nov 2020

Rwanda's garment-textile exports grow by 83% in 2 years

Rwanda's textile and garment sector grew 83 per cent in value between ...

Interviews View All

Milind Khandwe, Hindoostan Innovation Centre

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Divyesh Mashruwala, Akshar Industries

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Textile Industry, Head honchos

Textile Industry
Head honchos

Verticals like fast fashion won’t completely adopt personalisation on...

Rajat Jaipuria,

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Tony Naschberger,

Tony Naschberger

With production sites in Klagenfurt and Kufstein, Zimmer Austria is a...

Ken Butts,

Ken Butts

The mission of Swiss company Datacolor is to empower its customers to make ...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Davide Vigano, Sensoria

Davide Vigano

Sensoria is a leading developer of smart garments and IoMe (Internet of...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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


Leave your Comments

November 2020

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

Advanced Search