Related Keywords: Australia and Canada, biased import duties on Indian textiles, conclusion of FTAs with EU, decline in export of cotton textile, export target, gain market access, MEIS, negative growth registered, preferential access, remove trade barriers, Texprocil, urgent action from government, world market
The export target for 2015-2016 is USD 13.67 billion. The continuing decline in exports of cotton textiles is a matter of deep disappointment and concern requiring urgent action from the government, Cotton Textiles Export Promotion Council (Texprocil) chairman RK Dalmia said in a statement.
Exports of cotton textiles in August 2015 registered a negative growth of 7.39 percent as exports touched USD 863.18 million as against USD 932.02 million in August 2014. Texprocil sought government's support to boost exports