Export Market Is Sluggish. Textile Exports In India Remain Stable In The Next Two Quarters.

In the next two quarters, India

There is no positive growth in export growth, which is mainly due to the fact that

In the doldrums, textile Secretary Dhingra said.

"It is expected that exports will not increase in the next 5 or two quarters, but growth will follow," he said at a meeting in New Delhi.

Asked about the recent goal of $40 billion 500 million in textile exports, he added: "we are

Before the announcement of the annual addendum, we set the export target of US $38 billion.

After taking the relevant measures, the goal of the Ministry of Commerce has changed and accepted the new export target.

Regarding the debt crisis in the eurozone, he said: "I think this is an opportunity for us to broaden our export market, because we focused mainly on the US and European markets before."

At present, the textile industry is looking for alternatives to the market, whether in the east or in the western market.

Finally, if Europe rises again, the textile industry in India will also rise and export market will be wider.

Mr Ding added that the orders dropped after last December, which caused us to decline.

Exports declined.

We expect this situation to change, because the market conditions in Europe are changing.

Regarding the 12th Five-Year plan, Ding said, "we are at the brink of the 12th Five-Year plan.

We now have the opportunity to grow again, reset the plan, redevelop strategies and set different goals. "

The problem with labour has been reversed, says Mr grera.

The availability of industrial land has also been concerned.

In fact, the central and state governments are concerned about these issues.

Similarly, problems related to environmental cleanliness should be addressed.

Its essence will promote foreign direct investment in this sector, which is not easy to achieve.

A joint venture can help solve this problem.