TEXPROCIL Releases Benchmarking Study of Textile Production Costs

The Cotton Textiles Export Promotion Council ( TEXPROCIL) has carried out a Benchmarking Study of Production Costs in India vis-à-vis Bangladesh, China ,Egypt , Indonesia , Pakistan and Turkey . This Study was released by Dr. Kavuru Sambasiva Rao, Hon’ble Union Minister of Textiles, Government of India at a function in New Delhi at Hotel Le Meridien on 25.7.2013.The function which was presided by the Secretary (Textiles), Smt. Zohra Chatterji, was also attended by top officials like Dr. Anup K. Pujari, DGFT, Shri V.Srinivas, Joint Secretary (MOT), Shri Sujit Gulati, Joint Secretary (MOT) besides representatives from leading textile exporting companies and textiles associations.

The Union Minister for Textiles, Dr. Kavuru Sambasiva Rao releasing a report on cotton textile industry titled “Cost Benchmarking Study – India vis-à–vis Bangladesh, Indonesia, Egypt, China, Pakistan and Turkey”, in New Delhi on July 25, 2013.
The Union Minister for Textiles, Dr. Kavuru Sambasiva Rao releasing a report on cotton textile industry titled “Cost Benchmarking Study – India vis-à–vis Bangladesh, Indonesia, Egypt, China, Pakistan and Turkey”, in New Delhi on July 25, 2013.

The Union Textiles Minister, Dr. K.S. Rao appreciated the efforts of the Council in carrying out the study which has revealed India’s position in textiles exports vis-à-vis its competitors. The Minister assured of all Government support to the exporters in taking exports of textiles to greater heights.

The Textiles Minister addressing the gathering at the Texprocil event
The Textiles Minister addressing the gathering at the Texprocil event

The Secretary (Textiles), Smt. Zohra Chatterjee expressed her satisfaction at the Study Report and sought inputs from the Council to increase exports. Both the Minister and the Secretary textiles announced that the TUF Scheme will be released shortly.

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