Cotton Textiles Export declines in 3 yrs

Cotton Textiles Export declines in 3 yrs

Cotton textiles Export has declined by 10 per cent over the past three years, minister of state for textiles Ajay Tamta said in a written reply to the Rajya Sabha.

The export comprises cotton yarn, other textile yarn, fabric, madeups articles, cotton raw waste and cotton fabrics and madeups, which include products like bedsheets, blankets and curtains.

According to data shared by the minister, the shipments of cotton textiles from India stood at Rs 70,936 crore during 2016-17, as against Rs 72,994 crore in the previous financial year and Rs 71,913 crore in 2014-15.

The directorate general of Foreign Trade, ministry of commerce and industry, is the facilitator for the import and export of cotton. At present, export of cotton is under Open General Licence.

–¬†Apparel and Textile News, Apparel Talk, Indian Apparel