Hi ,  welcome  |  Textile views  |  Political views  |   CA and CS News  |   Legal News  |   Government jobs  |  Textile jobs 

Indian textile and clothing exports to US is lowest in Nov 2009

Written By Views maker on February 08, 2010 | 2/08/2010

image  Click to read the full FICCI Report

image

According FICCI ,

diversify Indian Textile export and domestic market; encourage consolidation of SME enterprises; encourage maximum value addition in the country; deepening fibre consumption of India; building of 20 global brands of India; promote manufacturing of high-tech fibres and technical textiles; encouraging energy efficient and emission reduction technologies; increased indigenisation of textile equipments and increased technological support, FICCI said. The need for such a new policy arises in the wake of changing global economic scenario in which a number of countries like Vietnam, Bangladesh, Pakistan, Turkey etc are giving fierce competition to Indian textiles and also to provide inherent strength to the industry, FICCI pointed-out. Also, some of these countries have introduced ambitious textiles policies last year only. FICCI said that there is a need to infuse confidence, through policy, in the industry which has suffered the most because of economic crisis and rupee appreciation in the past.

Click to read the full FICCI Report

0 comments: