India'S Textile And Apparel Exports To EU Countries Increased By 11.66% Over The Same Period Last Year.

In a written report, she added that the government has taken action to expand the market share of India in Japan, West Asia, Africa and Australia in cooperation with the textile export promotion agency.

These initiatives will include the India textile brand holding large-scale exhibitions in these countries, the buyer and the seller meeting to attend the high-profile textile fairs and exhibitions.

In 2009-10, India's clothing exports fell 2.64% to $10 billion 640 million, compared with $10 billion 930 million in 2008-09.

The main reason for the decline in exports is the decline in exports to the European market, no increase in exports to the US market, and other countries.

According to the data of India garment export promotion association, India garment exports to the European Union 5 billion 680 million US dollars, accounting for 55% of the total clothing exports of India in 2009 over the years.

The United States is another major market for textiles in India. Exports to the United States account for 30% of India's overall clothing exports.

Supplement:

The India Garment Export Promotion Association (AEPC) recently appealed to the government to increase the interest subsidy of the TUFS under the processors and garment industries, which required that the interest subsidy be increased from 5% to 8%, the press conference of the India Clothing Export Promotion Association held.

Premal Udani, President of the India Clothing Export Promotion Association, said in a letter to V.Srinivas, a joint Secretary responsible for exports to the textile industry, that the subsidy should be raised from 10% to 15%.

He said the processors must pay huge sums of money to shoulder environmental responsibilities.

Buying machines does not increase turnover, but also costs a lot.

He said: "because we recommend that all machines that help reduce water pollution and air pollution, such as sewage treatment plants, should receive 10% more capital subsidies."

The subsidy for garment factory building is 50%, and it should be increased to 100%.

Because modern chemical plants need to be housed in buildings that are fully in line with social responsibility standards.

The apparel and finished products industry creates millions of jobs and creates the highest added value.