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Economic Stimulus: Repacking Wont Do
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By
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Dr. H. K. Sehgal
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They estimate that the industry has the potential
of adding up 5 million direct jobs and another 12 million indirect jobs, if the
industry were to vibrate. Textile and garment exports can also reach $50
billion, which would be around 6% of the world trade. The industry can also
see through Indian domestic market picking up from the present level of$30
billion to $60 billion.
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Hopefully, the Government should mercifully consider these
suggestions earnestly and urgently, ON MERIT, and inject the much needed
vitality to our textile and garment industry before its collapse beyond
retrieval.
Originally
published in "The Stitch Times": February 2009
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jayakrishnan.j
