Exports of Textiles
At present, (2004-05) the exports of textiles (including handicrafts, jute, and coir) account for about 17% of total exports from India and are the largest net foreign exchange earner for the country as the import content in textile goods is very little as compared to our other major export products. Further, the export basket consists of wide range of items containing cotton yarn and fabrics, man-made yarn and fabrics, wool and silk fabrics, made-ups and variety of garments.
Sector-Wise Analysis
Readymade Garments
Readymade garments account for approximately 49% of the country's total textile exports. They represent value added and less import intensive sub sector, thus deserving a special place.
Readymade garment exports recorded a growth of 34.03% in 2005-06 (April - December) as compared to the previous year 2004-05. During the period April-December 2005-2006, Readymade Garment exports were US$ 5889.11 million, recording a growth of 34.03% as compared to the corresponding period of 2004-2005. The major importing countries/regions of our readymade garments are the E.U., the U.S.A. , Canada , Japan , U.A.E. and Switzerland .
Cotton Textiles including Handlooms
Cotton textiles i.e. yarn, fabrics and made-ups (Millmade / Powerloom/ Handloom) constitute more than 1/4th of our exports of all fibres/yarns/made-ups. Cotton textiles exports have recorded a growth of 22.62% (including raw cotton) in 2005-06 as compared to the previous year 2004-05. During the period April-December 2005-2006, cotton textiles exports including handlooms/raw cotton were US$ 3077.68 million, recording a growth of 22.62% as compared to the corresponding period of 2004-2005.
Man-Made textiles
The Man-Made textile exports had recorded a decline of 0.96% in 2005-06 as compared to the previous year During the period April-December 2005-2006, Man-Made Textiles exports were US$ 1450.36 million, recording a decline of 0.96% as compared to the corresponding period of 2004-2005.
Woollen Textiles
During the period April-December 2005-2006, woollen textiles exports were US$ 62.49 million, recording a growth of 24.21% as compared to the corresponding period of 2004-2005.
Handicrafts including Carpets
Handicrafts is one of the sub-sectors which contributes substantially to the overall textile exports. In dollar terms, the sector exhibited an annual export growth of 23.28% in 2005-06 as compared to the previous year. During the period April-December 2005-2006 handicrafts including carpet exports were US$ 910.69 million, showing a growth of 23.28% as compared to the corresponding period of 2004-2005.
Coir
The Coir exports had recorded a growth of 32.49% in 2005-06 as compared to the previous year During the period April-December 2005-2006, coir exports were US$ 99.71 million, recording a growth of 32.49% as compared to the corresponding period of 2004-2005.
Jute
Jute exports have recorded a growth of 12.62% in 2005-06 as compared to the previous year 2004-05. During the period April-December 2005-2006, jute exports were US$ 223.37 million, recording a growth of 12.62% as compared to the corresponding period of 2004-2005.