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Indian textile exports likely to fail in achieving official target $45-bn this fiscal

Related Keywords: Ajay Shankar-led panel, boost exports, but go amiss official target set, coir, handicrafts, including jute, mainly on higher shipment of garments, Make in India concept, of India, Overall textile and garment exports, slowdown in Chinese demand fro cotton and yarn, to increase this fiscal

India‘s overall textile and garment exports, which also include those of jute, coir and handicrafts, likely to increase by 4-5 percent reaching $41 billion this fiscal compared with $39.3 billion a year before mainly on higher shipments of garments and massive slowdown in Chinese demand for cotton and yarn. But, go amiss the official target of $45 billion, trade and industry sources said on Tuesday.

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