Textile exports post 3.2% increase over three years

DSIJ Intelligence / 05 Aug 2017

Textile exports post 3.2% increase over three years

As per data available with the government, the export of textiles and garments has shown an increase of 3.2% during the last three years.

As per data available with the government, the export of textiles and garments has shown an increase of 3.2% during the last three years. Textiles worth Rs 2,63,494 crore were exported in 2016-17 as compared to exports worth Rs 2,59,712 crore in 2015-16 and Rs 2,47,546 crore in 2014-15. 
 
With a view to enhance the investment, production and export of  the textile industry in the country, the government has launched a special package for apparel and made-ups segments of the Indian textile industry, which includes enhanced duty drawback coverage/rebate of state levies (ROSL) on export of garments/made-ups, additional incentives under the Amended Technology Upgradation Fund Scheme (ATUFS)/scheme for production and employment-linked support for garmenting units,  employee Provident Fund scheme reform/Pradhan Mantri Paridhan Rojgar Protsahan Yojana (PMPRPY), said a government release.

If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.