By  on September 16, 2008

BANGALORE, India — The forecast for Indian textile exports in the coming year remains gnarled, with high raw material prices and government policy major concerns, industry executives said.

“The outlook for exports in the current fiscal [year] is not very encouraging,” said Premal Udani, chairman and managing director of Mumbai-based Kaytee Corp., and chairman of the board of trustees of the Clothing Manufacturers’ Association of India. “We expect exports to be lower than last year.”

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