INDIA: Textile Trade Hopes To Hit $10bn Exports By 2010
Textiles and garment exporters say it would be possible to hit the $50bn export target set for 2010 under the new textile policy - if the government takes immediate action. Textiles exporters seek a reduction in infrastructure costs, promotion of rapid modernisation, special incentives for the processing sector, availability of good quality cotton at competitive prices and treatment units exporting 75 per cent of production on par with export-oriented units, the Times of India reported.
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