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Indian textiles ministry to back small-scale firms
21 Feb '20
1 min read
Pic: Shutterstock
The Indian textiles ministry will contact small-scale manufacturers meeting export requirements and delivery schedules to support them with finance, legislation, certification and quality control to make them lead in their respective sphere, textiles minister Smriti Irani told a symposium on emerging opportunities for Indian textiles and crafts in New Delhi.
Irani said there is a need to diversify India’s established opportunities instead of leaving the space for one export promotion council (EPC) or one segment. She stressed on augmenting domestic capabilities, according to an official press release.
She urged the industry to meet the requirements of Jal Jivan Mission and farmers, apart from focusing on exports.
Textiles secretary Ravi Capoor called on the industry to add up to its capacity and occupy the space vacated by China. China has vacated $20 billion dollar worth apparel space in the last three years and most of this has been in the man-made fibre sector, he added.
Irani said there is a need to diversify India’s established opportunities instead of leaving the space for one export promotion council (EPC) or one segment. She stressed on augmenting domestic capabilities, according to an official press release.
She urged the industry to meet the requirements of Jal Jivan Mission and farmers, apart from focusing on exports.
Textiles secretary Ravi Capoor called on the industry to add up to its capacity and occupy the space vacated by China. China has vacated $20 billion dollar worth apparel space in the last three years and most of this has been in the man-made fibre sector, he added.
Fibre2Fashion News Desk (DS)
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