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'Indian textile exports likely to breach $100 bn mark in next 5 yrs'
TIWN
TIWN
PHOTO : TIWN
New Delhi, Feb 23 (TIWN) India's textile exports can breach the $100 bn mark in next 5 years, Union Textiles Secretary, Upendra Prasad Singh said on Tuesday.
“The country’s textile exports can increase from the current $40 billion to $100 billion in the next five years,” he said in his address at the 44th Foundation Day of Apparel Export Promotion Council (AEPC). Singh said that the Indian apparel industry must focus on vertical integration to increase its scale and size and to benefit from the Production Linked Incentive (PLI) scheme.
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