January 30, 2018 9:08 PM

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Export prospects of Khadi is rest assured with world moving towards eco-friendly Products: Prabhu

Commerce Minister Suresh Prabhu today said that the export prospects of Khadi is rest assured with world moving towards natural and eco-friendly Products. Addressing a round table discussion on taking KHADI – local to global organized by Indian Institute of Foreign Trade in New Delhi, Mr Prabhu said, more and more people are becoming conscious of responsibility towards the environment and ecology and greater demand is being generated for bio-degradable and eco-friendly products. <br/><br/>He said, for this reason the new MEIS 2015-20 policy also emphasizes on export incentives on eco-friendly textiles giving it a 34 per cent growth last years from 52 thousand crore to 70 thousand crore turn over. The Minister said, end to end marketing strategy with support from trading houses and academic institutes like IIFT is the need of the hour.<br/> <br/>Textiles and apparel sector has made a significant contribution by providing direct employment to almost 35 million Indians and indirect employment to almost 50 million people, making it the largest employment sector after agriculture.

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