The India Government Hopes That The Clothing Export Will Achieve &Nbsp, 140&Nbsp; Billion Target.

2011/10/17 11:26:00 19

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A senior government official in India recently said in Mumbai that although the world is worried about the world

Economics

Brewing two times of recession, but the industry expects that clothing exports will reach a target of US $14 billion this year.

S Balaraju, joint textile Commissioner, said that although global

Economics

Turbulent, but the garment industry has performed well, and this year's exports will achieve a target of 14 billion US dollars.

He said that the Ministry of textiles has drafted the national fiber policy and code of common compliance, aiming to make the country a global social responsibility benchmark in clothing manufacturing and export.

Premal Udani, chairman of the FICCI Clothing Committee of India Federation of Commerce and industry, said that although the recession is still on the right side.

clothing

Industry has an impact, but export targets can be achieved.

He said, at present

market

Weak, but we can not afford any export slide.

According to government figures, clothing exports dropped by 8% in September.

India's clothing exports account for 48% of the total textile exports.