Home / Knowledge / News / Textiles / Panel on Indian textiles sector to soon submit its report
Panel on Indian textiles sector to soon submit its report
22
Jul '13
An inter-ministerial panel on the Indian textiles sector would be soon submitting an action plan to the Prime Minister’s Office (PMO) suggesting ways to address issues of labor and give an impetus to the exports, Textiles Minister K Sambasiva Rao has said.
 
Speaking to reporters during a Confederation of Indian Industry (CII) function, Mr Rao said that at the meeting of High-Level Committee on Manufacturing (HLCM), the Prime Minister asked the inter-ministerial textiles group to come up with possible solutions for the problems faced by the industry.
 
The Minister said the inter-ministerial group would soon submit its report to the PMO.
 
Mr Rao suggested that to make the Indian textiles sector competitive at the global level, the labor laws should be amended and credit should be made available to the sector at a reasonable price.
 
The HLCM meeting chaired by Prime Minister Manmohan Singh on July 9 decided on a slew of steps, including the ramping up of textile exports by 30 percent for this year. 
 
At the HLCM, a decision was taken to set up an inter-ministerial group headed by Textiles Secretary Zohra Chatterji, to come up with competitive strategies for the sector.
 
The elements of the strategy discussed at the HLCM meeting included having ready availability of work space, having adequate and comfortable housing for workers, having more flexible work timings, leveraging textile clusters and obtaining the best technologies.
 
The aim of the strategy is to facilitate the rapid scaling of competitiveness of the garment segment of textile sector in the country through a comprehensive package of measures.
 
During 2012-13, India’s textiles exports stood at US$ 34 billion and the aim is to increase them by 30 percent to over US$ 44 billion in 2013-14. 
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 28th May 2016

US to rethink on inclusion of Indian PET in GSP

With the US set to rethink the inclusion of polyethylene...

Textiles | On 28th May 2016

China’s textile exports marginally down in Jan-April

The exports of textiles and apparel from China dropped marginally...

Textiles | On 28th May 2016

MMF sector seeks anti-dumping duty on Chinese fabrics

Reeling under the impact of cheap Chinese fabrics, Surat’s textile...

Interviews View All

Vasanth Kumar
Max Fashion India

What is the size of the apparel retail segment? How would you describe the ...

Neel Sawhney
One Friday

What is the overall size and growth of the market for kidswear in India?...

Milind Khandwe
Hindoostan Innovation Centre

Which areas of innovation is the Hindustan Innovation Centre (HIC) focused ...

Silke Brand-Kirsch
Schlegel und Partner

<b><i>Silke Brand-Kirsch, executive partner of Schlegel und Partner, a...

Kerem Durdag
Biovation II LLC

<b><i>Kerem Durdag, CEO, Biovation II LLC, provides an insight into future ...

Eric Scholler
Groz-Beckert

<b><i>The Indian market has huge potential in technical textiles, and by...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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
May 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search