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Rediff News  All News  » Business » India's FY08 textile exports at $20.5 bn

India's FY08 textile exports at $20.5 bn

April 22, 2008 14:00 IST
India's textile exports for the year 2007-08 stood at $20.5 billion, falling short of the target set by the government. The government had set a target of  $25 billion export target for the textile sector.

"Textiles exports were impacted by the rupee appreciation but they have been able to register a growth of 10 per cent over 2006-07," Textiles Minister Shankersinh Vaghela said.

He said the government is taking steps to ensure that textile exports of $50 billion are achieved by 2010.

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