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Textile exports rises to US$ 35.67 billion in 2017-18

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Textiles expects target fixed at US$ 47.29 billion in 2018-19

The exports of textiles item has increased to US$ 35.67 billion in 2017-18. Government has fixed export targets for textile and apparel including handicrafts for 2018-19 at US$ 47.29 billion.

Government is aware about global demand for textiles and apparel from India. To enhance exports of textile and apparel products, Government has announced the Special Package for garments and made-ups sectors. The package offers enhanced duty drawback coverage under Rebate of State Levies (RoSL) Scheme, labour law reforms, additional incentives under ATUFS, and relaxation of Section 80JJAA of Income Tax Act.

The rates under Merchandise Exports from India Scheme (MEIS) have been enhanced from 2% to 4% for apparel, 5% to 7% for made-ups, handloom and handicrafts w.e.f. 1 November 2017.

Products like fibre, yarn and fabric in the textile value chain are being strengthened and made competitive through various schemes, like Powertex for fabric segment, Amended Technology Upgradation Fund Scheme (ATUFS) for all segments except spinning and Scheme for Integrated Textile Parks (SITP) for all segments.

Assistance is provided to exporters under Market Access Initiative (MAI) Scheme. Further, Government has enhanced interest equalization rate for pre and post shipment credit for certain textile sectors from 3% to 5% from 2 November 2018.

Product-wise details of Textile and Apparel exports <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Commodity (values in US$ mln)

2015-16

2016-17

2017-18

Readymade Garment

16966

17368

16705

Cotton Textiles

11134

10429

11190

Man-made textiles

5213

5152

5388

Wool & Woolen textiles

197

175

186

Silk Products

98

76

69

Handloom Products

369

360

356

Carpets

1442

1490

1429

Jute Products

577

321

342

Total Textile & Clothing

35995

35372

35666

State-wise Textile and Apparel exports

State (values in US$ mln)

2015-16

2016-17

2017-18

Andaman & Nicobar

1.4

0.4

7.4

Andhra Pradesh

1014.0

747.0

545.0

Arunachal Pradesh

0.0

4.8

0.4

Assam

1.1

0.8

1.1

Bihar

15.9

8.2

21.2

Chandigarh

8.8

2.8

5.4

Chhattisgarh

0.4

0.7

0.9

Dadra & Nagar Haveli

561.0

630.0

676.0

Daman & Diu

152.0

146.0

199.0

Delhi

4330.0

4697.0

3151.0

Goa

0.6

17.4

16.3

Gujarat

4486.0

4975.0

5325.0

Haryana

2656.0

2476.0

3017.0

Himachal Pradesh

196.0

198.0

196.0

Jammu & Kashmir

55.0

48.6

50.5

Jharkhand

4.4

3.9

21.2

Karnataka

2413.0

2353.0

2544.0

Kerala

357.0

335.0

349.0

Lakshadweep

0.1

0.1

0.3

Madhya Pradesh

1068.0

1101.0

1175.0

Maharashtra

5299.0

4478.0

4447.0

Manipur

0.0

0.2

0.0

Meghalaya

0.0

0.0

0.1

Mizoram

0.0

0.0

0.0

Nagaland

0.3

0.1

0.1

Orissa

37.9

36.4

22.6

Pondicherry

5.3

5.5

12.3

Punjab

1964.0

1879.0

1839.0

Rajasthan

1052.0

1097.0

1261.0

Sikkim

0.2

0.1

0.2

Tamil Nadu

6492.0

6534.0

6771.0

Telangana

93.0

76.0

185.0

Tripura

0.7

0.7

0.6

Unspecified

443.0

45.0

20.0

Uttar Pradesh

2284.0

2357.0

2775.0

Uttaranchal

63.8

36.0

43.0

West Bengal

939.0

1081.0

989.0

Total

35995.0

35372.0

35666.0

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, December 20 2018. 17:14 IST
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