6,742 mn USD
Indian Textiles & Apparel Export Achieved in April-May 2022 which was 6,305
mn USD in April-May 2021
The details of Indian textiles & apparel export during the last
five years including the current year are as follows:
|
(USD mn) |
|||||||
|
Commodity |
2017-18 |
2018-19 |
2019-20 |
2020-21 |
2021-22 |
Apr-May
2021 |
Apr-May
2022 |
|
India’s
textiles & apparel export |
35,723 |
36,558 |
33,379 |
29,877 |
42,345 |
6,305 |
6,742 |
Government has been supporting textile sector by
following schemes/ programs aimed at increasing competitiveness of Indian textile
exports:
i.
Merchandise Export from India
Scheme (MEIS): The scheme was in operation from 01.04.2015 till 31.12.2020 for exports
made from India (including textiles products) with an objective to offset infrastructural
inefficiencies and associated costs involved in exporting goods/ products which
were produced/ manufactured in India.
ii.
To promote the textile exports,
Government announced a Special Package for garments and made-ups sectors. The package
offered Rebate of State Levies (RoSL), labour law reforms, additional incentives under Amended Technology
Upgradation Fund Scheme (ATUFS) and relaxation of Section 80JJAA of Income Tax Act.
iii.
ATUFS was launched in January
2016 with an outlay of Rs 17,822 crore upto 2021-22. The objective of the scheme was to facilitate
augmenting of investment, productivity, quality, employment, exports along with
import substitution in textile industry and also to indirectly promote investment
in textile machinery manufacturing.
iv.
The RoSL
scheme was replaced by Rebate of State and Central Taxes and Levies (RoSCTL) scheme w.e.f 7th March 2019
in order to make textiles products cost competitive. Government extended continuation
of RoSCTL on exports of Apparel/Garments (Chapters-61
& 62) and Made-ups (Chapter-63) till 31st March 2024. The other textiles products
(excluding Chapter 61, 62 and 63) which are not covered under the RoSCTL are covered under Remissions of Duties and Taxes on Exported
Products (RoDTEP) along with other products.
v.
To promote production of MMF
Apparel, MMF Fabrics and Products of Technical Textiles in the country, the Government
has approved the Production Linked Incentive (PLI) Scheme for Textiles. The selected
companies will be eligible to get incentives on achieving the threshold investment
and threshold/ incremental turnover. The Scheme has two parts: Part-1 & Part-2.
Under Scheme Part-1, 15% incentive will be provided on attaining required turnover
in Year-1. Under Scheme Part-2, 11% incentive will be provided on attaining required
turnover in Year-1. Incentive will be reduced by 1% every year from Year-2 onward
till the Year-5 under both parts of the Scheme.
vi.
In addition, Government has
approved setting up of 7 (seven) PM Mega Integrated Textile Regions and Apparel
(PM MITRA) Parks in Greenfield/ Brownfield sites to develop world class infrastructure
including plug and play facility. There is provision for incentivizing manufacturing
units for setting up early in PM MITRA Parks.
This information was given by the Minister of State
for Textiles Smt. Darshana Jardosh
in a written reply in the Rajya Sabha on 22 July, 2022.