Textile exports fall $7.5B short of FY16 target
India's textile exports for the 2015-16 fiscal stood at $40 billion, falling short of the $47.5 billion target, Joint Secretary in the Textile Ministry Sunaina Tomar said on Friday. Meanwhile, the new textile policy which aims to achieve $300 billion exports and create 3.5 crore additional jobs by 2024-25 may be unveiled soon, Textiles Minister Santosh Gangwar said.