The India government will provide 330 billion rupees of funds for textile industry, and the investment increases by 51.02% over last year. The government is also concerned about textile exports. For example, in 2006, the export has grown by 21.8%, while the export of 2005 increased by 3.9%.
Also at the Economic Editors Conference, Textile Minister Shankersinh Vaghela said: We are confident to exceed the previous target, and we have the ability to exceed 50 billion U.S. dollars in 2010.
