Related Keywords: continuation of interest subvention scheme, export target set, for current fiscal year, handicrafts and garments, Handlooms, India-EU Free Trade Agreement, Indian textile sector, outbound shipment, stiff competition, textile minister Santosh Gangwar
The achhe din for the textile sector has started to arrive, said textile minister Santosh Kumar Gangwar on Monday, as the Narendra Modi govenrment completes one year. The government has set target of $47.5 billion for textile and clothing exports for the current fiscal year, aiming for an almost 14% rise in outbound shipments from the actual level of 2014-15.
