Related Keywords: CITI, Confederation of IndianTextile Industry, domestic textile market may grow, Government initiatives, India second fully integrated textile value chain, next only to China, onset of good monsoon, strengthen textile value chain, textile industry is poised to turn Make in India into a reality, towards verticalization of the industry
The onset of good monsoon and Government initiatives, the domestic textile market may grow by 7-8 percent, which was estimated at USD 60 billion in FY17, said Confederation of IndianTextile Industry (CITI) Chairman Naishadh Parikh.
While, the textiles exports, estimated at USD 40 billion, is likely to expand by 5-8 percent this fiscal.
