Textile exports from India go up during BJP led NDA regime

Newsroom24x7 Staff

textile exportsNew Delhi: The share of textile exports in total exports from India has gone up from 13% to 15% during the last two years.

In the last two years, since the BJP led NDA Government headed by Prime Minister Narendra Modi came to power at the Centre, apparel and handicrafts, each recorded 22% growth while textile exports grew by 8% during the same period – compared to the previous two year period.

This was underscored by Union Textiles Minister Santosh Kumar Gangwar, who addressed a press conference here today on the initiatives and achievements of his Ministry during the past two years.

  • Besides export promotionm the Minister apprised the media persons about the following initiatives and achievements of the Ministry ove the last two year period:
  • Amended Technology Upgradation Fund Scheme (ATUFS) rolled out in January 2016 with a budget provision of Rs.17,822 crores for the next seven years; expected to attract an investment of Rs. One lakh crore and generate employment for 30 lakh persons.
  • Promotion of Handlooms: India Handloom Brand launched on 7th August, 2015 by Hon’ble Prime Minister to ensure quality assurance to consumers and increased earnings to weavers. Credit flow to handloom weavers streamlined.
  • Integrated Processing Development Scheme rolled out to provide up to 50% assistance for Common Effluent Treatment Plants with Zero Liquid Discharge system, subject to a ceiling of Rs.75 crore; six projects sanctioned to support processing clusters.
  • Garment Manufacturing launched in the North East with setting up of Apparel and Garment Centres in all the 8 North Eastern States to promote entrepreneurship in apparel manufacturing and provide employment to the local population; units in Nagaland and Tripura inaugurated in April 2016, unit in Mizoram inaugurated in June 2016; Centres are ready in the remaining states (excepting Sikkim).
  • 24 new Textile Parks sanctioned under the Scheme for Integrated Textile Parks with a potential investment of Rs.4500 crore and employment for 66,000 people.

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