Textile Concalve 2013 - Part III

The Indian textiles and clothing industry plays a significant role in the country's exports. It contributes about 10 percent or USD 31 billion to India's total exports of USD 300 billion.

The government is leaving no stone unturned to make the Indian exporters globally competitive. It has provided 3 percent interest subvention on textile exports, initiated various labour reforms, set up apparel parks under SITP and allowed 100 percent FDI.To give a boost to exports the government under its foreign trade policy has announced the inclusion of 26 new international markets under the focus market scheme.