The Indian Textile Industry is expecting a manifold increase in exports by touching the USD 50 billion dollar by the year 2010. Mr. Rajiv Aggarwal Secretary, Textiles Committee, Government of India speaking to newsmen on the eve of a one-day workshop on textile industry, said till last year the annual rate of export of Indian textile was to the tune of USD 15 billion, but thanks to globalisation and some positive steps taken by the centre the amount of growth in export has increased from nearly 3.5 % till 2003-04 to over 16 % now. He said, though the major export of Indian textile comprising apparel, home textiles and readymade garments are made to the EU countries and the USA, the Indian textile ministry
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| was leaving no stones unturned to tap the Middle-East, South Asian and South East Asian market to reach the targeted export figure. Referring to the growth in domestic market, the Mr. Aggarwal said till last year it was around 4 % and with the coming up of several malls and other industrial estates business was likely to grow up by another 3 to 4% by the end of the financial year. Answering another query Mr. Aggarwal said, the handloom weavers in East India were doing quite well and thousands of weavers in West Bengal, Bihar, Orissa and the North Eastern region were doing exceptionally well. He said more than 125 experts across the country will participate in the day-long programme to discuss various problems being felt by the craftsmen associated with the industry. 
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