Related Keywords: coir, Confederation of the Indian Textile Industry, export incentives, export of fibre crashed, export target, fall short of expansion rate, handicrafts and handloom items, include jute, Indian textile and garment exports, miss initial official growth target, raw cotton
India’s overall textile and garment exports that also include those of jute, coir, handicrafts and handloom items to not only miss the initial official growth target of 15% for 2014-15 but fall short of the 5% expansion rate expected until recently. The government had initially set the export target at $45 billion for 2014-15, compared with the actual exports of $39.3 billion in the previous fiscal.
