Panabaaka Lakshmi, Minister of state for textiles in India, said that although the financial pressure of the textile industry has a negative impact on the banking system, banks still use credit as a way of doing so.

Borrowing 1 trillion and 558 billion 90 million rupees.

By the end of the three quarter of fiscal year 2011, the textile industry constituted 8% of the bank's overall restructuring assets.

In addition, the total amount of loans under the CDR mechanism is 113 billion 700 million rupees.

The government decided to set the tax rebate rate annually according to the proposal of the India tax rebate Committee.

The tax rebate rate in China, Pakistan and Bangladesh is not determined by the government.

India textile mill uses the cheapest in the world.

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The cost of textile raw materials in India is relatively competitive because they use domestic fabrics.

In men's Chino Cotton Denim Wear and cotton T-shirt products, the raw material cost of India is the two lowest in the world. The fabric, cotton, decoration, labels and packaging materials of a garment are purchased locally.

Men's Chino cotton twill dress materials in India are $4.119 per garment, compared with 4.016 in Pakistan, 7% cheaper than in China, 11% cheaper than Bangladesh, and 13% cheaper than Kampuchea.

In cotton knitted T-shirts, the cost of raw materials in India is $0.87 per garment, 9% cheaper than China, 10% cheaper than Bangladesh and Kampuchea, and 4% higher than Pakistan's.