Textiles & Apparel Exports register 52% Growth in April – December 2021overProduction Linked Incentive (PLI) Scheme for Textiles has been notified with a budgetary outlay of Rs 10683 crore to promote production of MMF Apparel, MMF Fabrics and Products of Technical Textiles in the country.
The objective is to enable Textile sector to achieve size and scale and to become competitive.
The exports of Textiles & Apparel for the year 2018-19, 2019-20 and 2020-21 are USD 36,558 million, USD 33,379 million and USD 29,901 million, respectively.
The export of Textiles & Apparel from April – December 2021 is USD 30449.85 million, posting an increase of 52% over the same period during 2020.Details of Textiles & Apparel exports during April-November, 2021 is as under:
USD Million
April 2021 | 3244 |
May 2021 | 3061 |
June 2021 | 3053 |
July 2021 | 3571 |
August 2021 | 3355 |
September 2021 | 3417 |
October 2021 | 3410 |
November 2021 | 3229 |
Statement on year wise FDI equity inflows for Textiles (including dyed, printed) is as under:
Sl. No | Year | FDIin Rscrore |
1 | 2018-19 | 1,383.49 |
2 | 2019-20 | 2,276.55 |
3 | 2020-21 | 2,210.33 |
This information was given by the Minister of state for Textiles Smt. Darshana Jardosh in a written reply in the Lok Sabha today.