Home / Knowledge / News / Apparel/Garments / Indian Textiles Policy to be unveiled after Union budget
Indian Textiles Policy to be unveiled after Union budget
29
Jan '15
Speaking at the inauguration of Tex-Trends India 2015, Indian union textiles minister, Santosh Kumar Gangwar said the new National Textiles Policy will be unveiled after the Union Budget is presented.

The new Textiles Policy aims to achieve US $300 billion in exports by 2024-25 and creation of additional 35 million jobs.

Considering the many changes in the domestic as well as global textile sector front, the textiles ministry initiated a process of reviewing the old policy and create a new road map for the industry.

Tex-Trends India 2015 features over 403 exhibitors and displays a varied range of textile and apparel products from across India.

Gangwar added, "Our Prime Minister, Narendra Modi, has a dream to boost manufacturing with the ‘Make in India’ programme where world class products will be manufactured by a skilled work force with zero defects.

“Skilling India has also been up-scaled qualitatively as well as in large numbers to reap the advantage of demographic dividend."

"Several steps have been planned and taken to improve business confidence, encourage enterprises and persons to renew investment across all sectors, he informed.

“We are keen to provide an enabling atmosphere of proactive, speedy and empowered decision making for industrial growth which is crucial in achieving our developmental goals," Gangwar observed.

Virender Uppal, chairman AEPC said over 1,600 buyers and 117 buying agents have already registered for the fair.

According to Suniana Tomar, joint secretary in the Ministry of Textiles, Tex-Trends has attracted buyers from all major markets including the US, UK, Spain, Australia, Canada, Japan, Brazil, France, etc, and many more would be visiting the fair.

The trade show will house various theme areas from bodies and agencies like TEXPROCIL, NJB, EPCH, SETEPC, DISHA and CEPC which will display strengths of the Indian textile sector.

The event spread over 15824 square meters covers segments like apparel, fashion accessories, home furnishings, yarns, fabrics, silk, synthetic, cotton textiles & jute garments, etc. (AR)

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Casper raises total funding of $240 million

Casper, the global sleep company launched three years ago has...

Interviews View All

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search