Related Keywords: consultation with industry stakeholders, export target to be missed, forging new FTAs, global markets, growth slowed down, Indian exporters facing turmoil, Indian textile and apparel exports, Ministry of Textiles, other ministires concerned, recommends corrective measures, to boost textile exports, TUFS, various internal and external factors
In the last few months, India’s textile and apparel exports growth have slowed down on account of various internal and external factors (textile and garment exports rose 0.6% to almost $18 billion in the first half of the current fiscal from a year before). The textile and garment exports target of $47.5 billion for 2015-16 with a projected growth rate of almost 14% from a year before is all set to be missed.
