Textile Trade & Export

 

 

Indian Textile industry is one of the major industries that plays vital role for exports and foreign revenue.

  • The share of Textile Industry to country’s total exports is 16.63%.
  • India’s contribution in global textiles and apparel market is 3.9% and 3 % respectively.
  • The major sectors for exports are: Readymade Garments, Cotton Textiles, Textiles made from Man-Made fiber, Wool & Woolen Goods, Silk, Handicrafts, Coir & Jute.
  • Exports in 2004-05: US $ 14 billion
  • Exports in 2005-06: US $ 17 billion and registered 22% growth.
  • Textile exports is increased by 11.43 % in rupee terms.
  • After the expiry of Multi Fiber Agreement in 1st January 2005, The share of Indian Textiles exports in imports of USA is increased from 4% to 5%.
  • The share of Indian Textiles exports in imports of EU is increased from 6% to 7%.
  • During 2005-06, India’s total apparel exports were 8.63 billion US $.