Launches Web Portals on handicrafts Products

Indian Textiles sector recorded significant recovery in spite of the global financial crisis, inflationary trends and volatility in commodity prices, which led to build up of strong demand side pressures. The Ministry of Textiles initiated policies for faster and inclusive growth and participatory development. The objective was to maintain the incipient export growth momentum, increasing production and productivity in cotton and cotton yarn, enhancing value addition in garment and apparel sectors, promoting rich heritage of handlooms and handicrafts, institutional strengthening in jute sector, and enhanced acreages under mulberry production and safeguarding employment opportunities. In addition, the Ministry of Textiles tried its best to utilize the better growth prospects of Indian economy for attracting larger capital flows/ foreign direct investment. This was stated by Thiru. Dayanidhi Maran, Union Minister of Textiles, while addressing the media persons