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India'S Textile Exports Earn Steady Growth Over The Past Three Years

2011/12/5 10:03:00 15

India'S Textile Exports Earn Steady Growth Over The Past Three Years

The textile industry in India is one of the largest labor-intensive industries in China.

Manual spinning

And weaving enterprises, on the one hand are capital intensive equipment and good textile enterprises.


  

Spin

The industry provides direct employment opportunities for about 35000000 people.

Export enterprises play a key role in the economy and are an important pillar of the national economy.


In 2008-09, in the 2009-10 and 2010-11 years, the textile industry earned 21 billion 230 million US dollars, US $22 billion 420 million and US $26 billion 830 million respectively.


In 2008-092009-10 and 2010-11, export textiles and

clothing

The total value of exports of products, including coconut shell fiber, coconut shell fiber and jute, is 11.46%, 12.54% and 10.63% respectively.


According to the latest provisional figures released by DGCI&S, the proportion of textile and clothing exports accounted for 9.28% of total exports during the month of April 2011 -7.


The information comes from the written reply of the Minister of textiles to the federal Academy on Wednesday.

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