News: Indian textile exports up 7.67% in 2006-07

(PTI 09/05/2007) New Delhi - Textile exports have registered a growth of 7.67 per cent in 2006-07 compared to the previous year, the Rajya Sabha was informed on Wednesday.

"According to provisional data by the Director General of Commercial Intelligence and Statistics (DGCI&S), overall textile exports have grown by 7.67 per cent during 2006-07," Minister of State for Textiles E V K S Elangovan said in a written reply.

However, this growth was slower than the 26 per cent rise (in dollar terms) witnessed in 2005-06.

Replying to another question, Elangovan said the estimated cost of the sanctioned 30 projects under the scheme for Integrated Textile Parks is Rs 2,902.88 crore, of which the government would provide Rs 1,057.16 crore.

To a separate query, the Minister said the Kerala government has forwarded a proposal to the Centre for setting up a National Institute of Fashion Technology (NIFT) at Kannur.

The state government has been informed that the proposal to set up an NIFT centre is being looked into by the Board of the institute taking into account the feasibility consideration, he added.