Web Exclusive | August 2017
Textile exports rise 3.2% in 3 years
As per the data available with the Government, the export of textiles and garments has shown an increase of 3.2 per cent 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 the special package for apparel and made-ups segments of Indian textile industry that includes enhanced duty drawback coverage, rebate of state levies (ROSL) on export of garments/made-ups, additional incentives under Amended Technology Upgradation Fund Scheme (ATUFS), scheme for production and employment-linked support for garment units, employee provident fund scheme reform, Pradhan Mantri Paridhan Rojgar Protsahan Yojana (PMPRPY).