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of <h1>India's Textile Boom: 2010-11 Cloth Output Hits 62,559 Million Sq Meters; Exports Surge 20.48% Despite Tax Rates.</h1> India's textile production saw significant growth, with cloth output reaching 62,559 million square meters in 2010-11. The country ranks as a major global producer of cotton, cotton yarn, synthetic fiber yarn, raw wool, and jute. Despite requests from industry bodies to reduce excise duties on man-made fibers, the government maintained a 12% rate in the 2012-13 budget. Textile exports increased by 20.48% from 2010 to 2011, with notable growth in markets like the UK, Germany, and France. The data was presented by the Minister of State for Textiles in the Lok Sabha.
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