Union Minister for Textiles Smriti Irani has reiterated that the Indian textile and apparel industry needs to come forward and play an important role at global level.
While speaking at a “Symposium on Emerging Opportunities for Indian Textiles and Crafts,” the Minister said that the industry should resolve to ensure that India is no longer a nation of job workers but a leader in textiles sector.
She also added that India has been satisfied with just 10 big textile companies for long, and now time has come for 100 new companies to spring up.
The event was also graced by senior officers of the Ministries of Commerce & Industry, Ministry of Textiles, representatives of EPCs, various buying offices and buying agents.
Smriti Irani further said that focus now needed to shift to Micro, Small and Medium Enterprises (MSMEs).
She assured that the Textile Ministry will get in touch with small scale manufacturers, who are meeting export compliances and meeting delivery schedules, and will support them with finance, legislation, certification, quality control programmes and R&D so as to make them leaders in their respective spheres.
The Minister covered almost all areas in her speech and insisted that there is a need to diversify established opportunities instead of leaving the space for one Export Promotion Council (EPC) or one segment.
She urged the industry to fulfill the objective behind the budget announcements on anti-dumping duty on PTA and National Mission on Technical Textiles, and also asked the industry to meet the requirements of Jal Jivan Mission and farmers, apart from focusing on exports.
Source :- https://in.apparelresources.com/