Textiles Minister Piyush Goyal has asked the Textile industry to aim to increase textiles exports three times from present export value of 33 billion dollar to 100 billion dollar at the earliest. Interacting with the leaders of Textile Industry in New Delhi on Friday, Mr. Goyal said, we must all collectively resolve to reach the target of 44 billion dollar of exports in 2021-22 for Textiles and Apparel including Handicrafts.
He said that his Ministry is working closely with Ministry of Finance to resolve the issue of old dues on incentives for exporters. He said, the government is always open to consider all industry requirements. Mr. Goyal said that PLI Scheme for Textiles and Mega Investment Textiles Parks, MITRA Parks Scheme is at advance stage of approval. He said that the launch of Indian brand Kasturi Cotton with international fiber quality, has opened new opportunities for Textile Industry to expand business opportunities