India'S Clothing Exports Will Achieve A Target Of US $14 Billion

2011/10/17 17:03:00 37

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India Garment Export Target

India

A senior official of the government is in the near future.

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He said that although the global economy is preparing for the two recession, insiders

Expect

This year, clothing exports will achieve a target of US $14 billion.

S Balaraju, a joint textile Commissioner, said that despite the global economic turmoil, the garment industry has performed well, and this year exports will achieve a target of 14 billion US dollars.

He said the Ministry of textiles has drafted the national fiber policy and the joint compliance.

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The purpose is to make the country a global social responsibility benchmark in clothing manufacturing and export.

Premal Udani, chairman of the FICCI Clothing Committee of India Federation of Commerce and industry, said that although the recession still had an impact on the garment industry, export targets could be achieved.

At present, the market is weak, but we can not afford any exports, he said.

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According to government figures, clothing exports dropped by 8% in September.

India's clothing exports account for 48% of the total textile exports.