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Textiles policy to address key issues: Gangwar
08
Apr '15
The new National Textiles Policy is expected to address many critical issues facing the sector and steps like labour reforms, skill upgradation and faster customs clearances will help manufacturing become globally competitive, according to media reports quoting union minister Santosh Gangwar.
 
An expert panel constituted by the government last year had submitted the draft of the new policy, which aims to achieve US$ 300 billion exports by 2024-25 and create additional 35 million jobs by attracting investments.
 
At a Ficci conference in New Delhi, Gangwar stressed that the textile ministry needs to create jobs and upgrade skills of workers. “Unfortunately, in this country we have more engineers but there is woeful shortage of skilled people,” he said.
 
Gangwar added the Ministry was ensuring that work on 20 textile parks is expedited and the technology upgradation plan is given a fillip through investment of Rs 4,000 crore.
 
The textile sector had earlier criticised the government’s new Foreign Trade Policy for ignoring its concerns and not doing enough to promote its growth.
 

Fibre2fashion News Desk - India

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