Indian textile export has registered a positive growth, with a 3.2 per cent growth rate in the last three years, this was informed by Minister of State, Textiles, Ajay Tamta at the Lok Sabha and said that the sector is following a positive trend. The various schemes and policies introduced by the government like the special package for apparel and made-up segments of Indian textile industry, enhanced duty Drawback Coverage and rebate of State Levies (ROSL) on export of garments and made-ups, additional incentives under Amended Technology Upgraded on Fund Scheme (ATUFS) have helped the textile sector achieve the growth trend.
Also policies including scheme for production and employment linked support for garmenting units, employee provident fund scheme reform, Pradhan Mantri Paridhan Rojgar Protsahan Yojana (PMPRPY), reforms in labour laws and enhanced incentives have boosted the textile industry, Tamta added. Further, the Minister stated that in 2014-15, the total value of textile exports stood at Rs. 2, 47,546 cr. This increased to Rs. 2, 50,712 cr in the following year. Further the sector exported textile worth Rs. 2,63,494 cr in the previous fiscal.