Indian govt to approve textile parks very shortly, says minister

Jardosh said that seven states have shown interest to set up 13 parks under the scheme in the country.

With Denim Show, Fabric & Trims Show and Screen Print India hosted under the umbrella, the Mumbai launch edition of Gartex Texprocess India 2022 opened on Thursday with more than 100 exhibitors and over 250 brands on the show floor. The show is open for general public on Friday.

Jardosh said that deliberation is going on with the states which will have 51 per cent stake in the proposed textile parks. The parks will be approved with the consideration of industry’s requirement for future growth. It will ensure better ecosystem for the industry at various hubs in the country.

Speaking about the Production Linked incentive (PLI) scheme, the minister said that the scheme succeeded in attractoing an investment of around ₹10,600 in textile sector. However, many products were left out under the scheme.

The minister said that Indian textile industry needs to diversify its raw material consumption. Indian textile sector consumes mere 25 per cent man-made fibre, so it is more dependent on cotton, while around 75 per cent MM fibre is used globally.

She underlined the significance of textile sector and said that the sector contributes around 10 per cent in country’s manufacturing and 2 per cent of GDP. Fairs and exhibitions are effective tools to connect the industry and share latest developments and technologies. She congratulated the organisers of the fair which has with special focus on denim.

The minister focused on innovation and mechanisation of the process. She said that India is far behind in textile machine manufacturing. “We have to create a bridge between traditional process of Charkha and new technologies.”

As part of the Gartex Texprocess India’s knowledge forum, the exclusive Denim Talks series was chalked out to unravel discussion on digital manufacturing, bio dyeing technique and flash dyeing technique of indigo for the first time in India. The inauguration session and other technical sessions were attended by many topnotch industry experts and captains. Sharad Jaipuria, CMD, Ginni International Ltd & President, Denim Manufacturers Association; Jang Gyoo Lim, Director, Hysoung India Pvt Ltd (Creora); Yamunadutt Agarwal, Chairman, Jindal Worldwide Ltd; Himani Gulati, Director, MEX Exhibitions; Stephan Buurma, Member of the Board of Management, Messe Frankfurt Group; Raj Manek, Executive Director and Board Member, Messe Frankfurt Asia Holdings Ltd; and Gaurav Juneja, Director, MEX Exhibitions Pvt Ltd were among those present.

Post inauguration, A CXO panel discussion was held on ‘Denim Dreams: Roadmap to Building a sustainable, profitable future’. The industry representatives and experts said that India needs to develop sustainable fabric by rebalancing and minimising the use of chemicals and water. They said that recycled yarn, fabrics and recycled polyester can guide the industry to make the process more sustainable. The industry can also reduce its cost by adapting sustainable processes. The industry representatives said that denim and other textile products are facing huge pressure on margins due to prevailing heavy discounts. Earlier, buyers got influenced by brands, so they were ready to pay higher prices in offline shopping. But current omni channels of online and offline platforms have competition to grab the buyers so heavy discounts are imperative, they added.

Fibre2Fashion News Desk (KUL)