How has India fared in the post-quota global textile market Have we lost out to arch-rival China Who better to ask than the textile ministry As the ministry most immediately concerned with the fortunes of the sector, it ought to be watching those figures of textile exports hawk-eyed, right Wrong! Senior officials in the ministry have no clue whatsoever. So while the directorate-general of commercial intelligence and statistics (DGCI&S), a unit of the commerce ministry, reels out statistics suggesting a decline in Indias post-quota exports to the US and the EU, the US customs department shows a 35% surge in value of imports from India. Textile ministry officials are unable to clarify the seeming contradictions. They remain smug, reiterating in every public speech the projection of $50 billion exports by 2005.
Did anyone say something about ignorance being bliss