NEW DELHI, June 1 The Indian textile sector
will require more fiscal stimulus from the government and 300
billion rupees of investment annually to maintain growth
momentum, the textile minister said on Monday.
"There are many challenges before the textile sector. The
government will impart momentum to this $52 billion industry by
striving to achieve a growth rate of 8-10 percent per annum,"
Dayanidhi Maran told reporters.
India's textile exports have been hit after recessions at
developed nations. (Reporting by Rajesh Kumar Singh; Editing by