Govt works out strategy to encourage textile sector
23 Feb '08
2 min read
One of the foremost functions of the SPV will be to analyze world trade data for identification of top potential markets and products and point out specific items and markets for boosting India's export of textile and clothing goods. On the whole, there would be 33 item groups receiving promotion from the SPV.
Additionally, the SPV will organize international textile expositions twice every year, one each in New Delhi and Mumbai, for displaying the entire range of Indian products. The member companies will also be permitted to export goods for holding or participating in exhibitions abroad, sell the products in shops set up abroad or in the showrooms of their distributors or agents. They would also be allowed to set up show-rooms and retail outlets at the international airports.
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