Thereafter, for the period April-May 2014, the country's textile sector attracted FDI worth 11.70 million doller, according to the textiles ministry.

"The government is implementing various schemes to ensure the maximum utilization of FDI in textile sector like Technology Up-gradation Fund Scheme (TUFS), Scheme for Integrated  Textile Parks (SITP), Integrated Skill Development Scheme (ISDS), Scheme for development of Technical Textiles, and Schemes for the development of the Powerloom Sector etc." the ministry said in a statement here. 

Signaling a positive shift in India's textile export, the country shipped 36.69 billion doller worth during 2013 from 32.88 billion doller in 2012 -up 11.58 percent. The country had shipped textile, clothing and handicrafts worth 34.93 billion doller during April-March, 2012-13.

Exports of clothing and textiles roped in foreign currency inflows of 35.42 billion doller during April-May, 2014-15, up 12.75 percent from 31.62 billion doller during 2012-13. Figures obtained from Foreign Trade Statistics of India and Directorate General of Commercial Intelligence and Statistics (DGCIS), Kolkata, the exports of clothing and textiles stood at 32.94 billion doller in 2011-12.

Statistics from Global Trade Information Service showed that China's textile exports grew to 274.05 billion doller during 2013 from 246.12 billion doller during calendar 2012.

European Union's textile exports grew to 56.11 billion doller from 53.057 billion doller and the US's 26.76 billion doller from 26.56 billion doller in the like period. The textile ministry said the government is helping the industry by exploring new markets by holding exhibitions in the Russian Federation, Israel, Eastern Europe, Latin American countries and other non-traditional markets.

"The government is providing grants under market access initiative and market development assistance scheme for this purpose," the ministry said.

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