• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Port Info

• Ships in Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Coimbatore , July 11

THE Ministry of Textiles expects textile exports to post a 25 per cent growth this year and it pins its hopes on the upbeat mood being seen in the manufacturing sector, which is in the thick of modernising its production line.

Though the data from the Director General of Commercial Intelligence and Statistics (DGCIS) for textile exports up to May this year had revealed a 10 per cent decline overall, the figures from the US and European Union customs authorities on shipments from India are different, according to Mr Poornalingam, Secretary in the Ministry of Textiles.

While US imports from India up to April this year had revealed a 24 per cent rise, in the case of the EU, it was up 11 per cent. The Ministry is piqued by this conflicting data. Mr Poornalingam said his Ministry has roped in some professional bodies to undertake a study on these discrepancies to arrive at the right status. He indicated that the study results would be known in a month's time.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Even chances for a `break monsoon'

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line