Indian government plans to increase textile exports to $ 100 billion in next five years

Indian participation in the Federal Textile Minister KavuruSambasiva power loom development and export promotion committee held a meeting, the media reporter revealed that the government is trying to plan five years, textile exports will increase to $ 100 billion, he said, after Cabinet approval, will invest 700 million rupees to build a textile factory. The minister said that the central government has a provision of 500 million rupees in Tirupur and Erode district built textile factory. He also said that the textile industry has the technological development funding 19 billion rupees. Textile Development Fund will pay the money within two weeks.

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