India’s textile exports

India’s textile exports grew 8 percent in November next a surge in demand from Europe and novel markets in Africa and Latin American countries, a textile ministry administrator says, Exports grew by over 11 percent during first two quarters of last financial, but in progress falling during the third and the concluding district with a refuse of 10 percent at $20 billion (Rs.100,000 crore) in wake of the global reduce speed.

]Our textiles exports increased by 8 percent. This is mainly because of revitalization in demand in few European countries in addition other new markets in Africa, Oceania and Latin American countries which were recognized in the new Foreign Trade Policy,” said Rita Menon, the textiles desk.
Europe and the US are the two markets which description for at least 35 percent of India’s textile exports. However, India’s textile exports have not chosen up in US largely.