India has been gifted with many an export opportunity, especially after the WTO quotas ended.
However, V Krishnan, Managing Director, ITCOT Consultancy and Services Ltd, believes that to take full advantage of this situation, producers need to enhance the quality of the output while reducing the production costs.
Krishnan also added that India plans to double its market share from two percent in the next four years.
The Coimbatore region has invited over Rs3,000 crore new investments in textile sector in 2005.