As per the data of Directorate General of Commercial Intelligence and Statistics, export of cotton yarn has increased by 14% from USD 3.4 billion in 2017-18 to USD 3.9 billion in 2018-19.

Cotton Textile Export Promotion Council, TEXPROCIL made a representation to Ministry of Finance to extend 3 percent interest equalization for cotton yarn

Cotton yarn exports valued at USD 3.89 billion in 2018-19 is the highest since 2015-16.

This information was given by the Union Minister of Textiles, Smriti Zubin Irani, in written reply in the Lok Sabha today.

***

MM/ SB