Related Keywords: an initiative of the Centre, attract FDI, currently contributes about fourteen percent, four percent to GDP, Increasing FDI is a reason to cheer for the sector, Indian economy, Industrial Production, Investment India, Ministry of Textiles, one of the oldest industries, seventeen to the country export earnings, Textile, witnessing huge FDI inflows
Textile, one of the oldest industries in the Indian economy dating back several centuries, is witnessing huge FDI inflows, according to Investment India, an initiative of the Centre to attract FDI. Increasing FDI is a reason to cheer for the sector which currently contributes about 14% to industrial production, 4% to GDP, and 17% to the country’s export earnings, according to the Annual Report 2016-17 of the Ministry of Textiles.
