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India’s textile exports stood at 41.4 billion, shortfall of 3.6bn from the target set of 45 billion for 2014-15. There was a small increase in the overseas sales of handicrafts (17 percent), carpets (15 percent), readymade garments (12 percent), silk (13 percent), and wool and woolen textiles (18 percent), said an official statement.
For the current fiscal, Textiles Ministry has set an exports target of USD 47.5 billion, Textiles Secretary S K Panda said while addressing a press conference.