Step up apparel exports target to $20 billion: Textiles Minister K Sambasiva Rao

摘要

ASSURING full support to the industry, Textiles Minister K Sambasiva Rao recently asked apparel exporters to step up their overseas sales target to $ 20 billion in 2013-14. Rao's goal is 55 per cent higher than last year's textile exports. The Apparel Export Promotion Council (AEPC) recently raised its export target for 2013-14 to $ 17.5 billion. "Apparel exporters have told me they can increase their exports from about $ 14 billion to $ 17.5 billion in the current fiscal," he said after inaugurating the India International Garment Fair, in which over 350 exhibitors are participating. Rao said he had higher goals for apparel exports. "You assure me that you are going to increase the exports — not from $ 14 billion to $ 17.5 billion this year, but to $ 20 billion," he said. "Whatever funds will be required, I will talk to Prime Minister Manmohan Singh for the same."