India Intelligence Report
 

Textile Exporters Fault US, EU Limitations

 

The Indian Textile Export Promotion Council said that restrictive practices in the US and EU continue to block exports of textile raw materials to those countries. Frequent use of anti-dumping subsidy measures are seriously hurting the linen industry even as Indian exports in textiles and clothing grew by 14% and 33% respectively to the US and 4% and 31% to the EU. The Indian textile industry is valued at USD 40 billion with exports making up a 1/3. The target from textile export by 2010 is USD 40 billion. China has emerged a clear winner in the post-quota era and Pakistan is also gaining on India in yarn export.

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