India's Textile Industry Sets Global Expansion Strategy
The Ministry of Textiles has developed a comprehensive diversification strategy to expand India's textile market globally. The initiative involves assigning Nodal Officers to target countries, deputing delegations, and utilizing Free Trade Agreements. Furthermore, the Ministry is promoting handicrafts and handlooms through international marketing events and providing financial support to artisans. Additionally, import duties on cotton were temporarily lifted to support the domestic textile industry.
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