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Article: Indian textile and apparel industry set to grow.
- Article from:
- Asian News International
- Article date:
- August 19, 2009
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Byline: ANI
Ludhiana, Aug.19 (ANI): With a strong domestic demand and the stimulus provided by the government, Indian textile and apparel industry is confident that it would grow.
With the Central Government recently offering aid under the Technology Upgradation Fund Scheme, the Indian textile and apparel industry is confident that it will be able to handle market competition and grow, especially in the export sector.
The Indian textile companies are now aggressively upgrading their technology to compete in the global market.
India is the second largest textile economy in the world after China. But the slowdown being witnessed in the ...