This information was given by Minister of State for Textiles, in a written reply in the Lok Sabha. As per latest available statistics, for the period 2008-09 to 2010-11, production of cotton increased from 4930 million kgs. to 5525 million kgs., spun yarn from 3912 million kgs to 4713 million kgs, fabric from 54966 million sq. mtr to 62542 million sq. mtrs, man-made fibre increased from 1066 million kgs to 1285 million kgs. and man-made filament yarn from 1418 million kgs. to 1550 million kgs.
The foreign exchange earned by exports of textiles & clothing products during the period 2008-09 to 2010-11 is USD 70.5 billion. Targets for 2008-09 and 2010-11 aggregated to USD 52.04 billion. No targets were set for 2009-10 due to global recession, said the minister.
Foreign exchange earnings from textiles exports in the current financial year (April-July 2011) are USD 10.32 billion against USD 7.75 billion during the corresponding period of financial year 2010-11.
Government has introduced several export promotion measures in the Union Budget 2011-12 as well as through schemes of Foreign Trade Policy 2009-14, including incentives under Focus Market Scheme and Focus Product Scheme; broad basing the coverage of Market Linked Focus Product Scheme for textile products and extension of Market Linked Focus Product Scheme etc. to increase the Indian shares in the global trade of textiles and clothings.
Since 1997
