The Union Minister of Commerce & industry and civil aviation, Suresh Prabhu, has urged the textile industry to export products to countries other than the US and EU. For this, the government of India has been making efforts in identifying potential export partners and strengthening relationships with them, said Prabhu at a textile conclave in New Delhi. According to projections, the Indian textiles and clothing industry has the potential to grow at CAGR of 14 per cent and reach $300 bn by 2025 from $150 bn achieved in the year 2017. The export of textiles and apparels are expected to reach $82 bn by 2021.

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