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The Indian Texpreneurs Federation want the Centre to fix export targets for each segment of the textile value chain so that the industry moves towards achieving the 300 billion dollars of exports target by 2024-2025.
In a memorandum to the new Union Textile Minister Smriti Irani, the association said that segment-wise targets will help the industry and the Government identify areas with scope for increase in exports. For instance, Bangladesh was reducing import of yarn and purchasing more fabric.
