Indian government anticipates textile and appare - sportstextiles: Lea SportsTextiles

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Indian government anticipates textile and apparel export growth

25/08/2010
India's government has said textile and apparel exports could reach a value of $24 billion in the current financial year, April 2010 to March 2011.

This would represent a 20% increase on the value of exports the government expects the sector to have achieved in fiscal year 2009-2010.

The US and European markets account for around 35% of textile exports from India at the moment but Indian textile and apparel exporters are also exploring new markets in Africa, Latin America and Oceania.

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