• Duty-free import of 21 items of trimmings and embellishment items is allowed to garment exporters. This can be upto 3% of their actual export performance during the previous year.
• For the speedy modernisation of the textiles processing sector, Government has introduced, w.e.f 20.4.2005, a credit linked capital subsidy scheme @10% under TUFS, in addition to the existing 5% interest reimbursement.
• The National Institute for Fashion Technology (NIFT) and the Apparel Training & Design Centres (ATDCs) are running various courses/programmes at various places in the country to meet the skilled manpower requirement of the textiles industry, especially apparel, in the field of design, merchandising and marketing.
• Facilities like eco-testing laboratories have been created to enable exporters to get garments/textiles pre-tested so that they conform to the requirements of the importing countries.
The Minister further stated that as per provisional data, India's textiles and clothing exports during 2006-07 were of the value of US$ 18729.93 million, as against exports valued at US$ 17520.07 million during the year 2005-06, registering a growth of 6.91%.
India's textile and clothing exports to USA and the Member States of European Union, which together account for about two-third of our total textiles and clothing exports, have recorded a growth of 8% and 14% respectively in the year 2006 over 2005, as per World Trade Atlas data.
Press Information Bureau Government of India
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