News: India says 2010 textile export goal remains $50 bln

(RTR 26/05/2006) New Delhi - India said on Friday that its 2010 textile export target remained $50 billion, after a senior textile ministry official said earlier in the week the target had been lowered to $40 billion.

A textile ministry statement on Friday said: "The textile exports target set by the government under National Textile Policy 2000 is $50 billion by 2010 and there is no change in the target set as above."

India's textile exports for the year to March 2006 stood at $17 billion.