Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2011-05-10

Gov invites more nations for export

The government is exploring new markets of East Europe, Latin America, New Zealand, South Asia and Japan

Gov invites more nations for export

The Textile Ministry is engaging more and more nations for comprehensive trade agreements to promote exports of all types of textiles and handicrafts and increase India's share in world exports in these sectors.  And for the purpose, Textiles Secretary Rita Menon has met a delegation from Czech Republic at a business-to-business (B2B) meeting and seminar organized by CII in the national capital on Monday.

The government is exploring new markets of East Europe, Latin America, New Zealand, South Asia and Japan. The Strategic Plan (2011-16) of the Ministry of Textiles has been prepared with a view to achieving a number of strategic development goals and objectives for the textile sector set by the Ministry of Textiles in consultation with the stakeholders.

The textile and garment industry is estimated to be worth USD 78.0 billion in 2010, comprising exports of USD 22.0 billion and domestic market of USD 56.0 billion.

According to the strategy paper of the Textile Ministry, the projected textiles exports would be USD 42 billion in 2013-14 and would achieve textiles and apparel export growth rate of 15 percent per year.

On the issue of cap on cotton exports, the Textiles Secretary said that the government would not revisit the ceiling of cotton exports of 5.5 million bales for this season.

The limit of cotton export is to fulfill the domestic demands. "The domestic textiles industry needs raw material security. The whole question of raw material security is engaging our attention," Menon added.

 

Related opportunities
  • Other Vocational Training
    About Us: International School of Design has established itself in arts, design..
    Locations looking for expansion DELHI
    Establishment year 2009
    Franchising Launch Date 2012
    Investment size Rs. 10lac - 20lac
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater NEW DELHI DELHI
  • Quick Service Restaurants
    About Us: Thirumala Foods is the New QSR hub of India,..
    Locations looking for expansion Karnataka
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Universities (including Overseas Franchises)
    About Us: TASA Asia provides Personalized Study Abroad & Vocations Abroad..
    Locations looking for expansion Maharashtra
    Establishment year 1990
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 750
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Quick Service Restaurants
    About Us: Virgo Hospitality Established in year 2016 with an outlet at..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 50 K - 2lac
    Space required 120
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
ads ads ads ads