WHAT DOES THE 9 LAKH CRORE EXPORT TARGET MEAN FOR THE TEXTILE SECTOR?

From The Editor's Desk

The Indian textile sector is one of the fastestgrowing
in the world, accounting for 4.5% of the
global textile trade—a ratio that is expected to
increase in the coming years, with the United
States and European Union accounting for 47 per
cent of India’s textile and apparel exports. Despite
growing competition from other suppliers in the
international market, such as China, Vietnam,
Germany, and many
others, the Indian
textile market still
holds a strong position
globally. It is the
sixth-largest exporter
of textiles globally,
c...

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