Home / Knowledge / News / Textiles / Indian textile industry capable of overtaking China: Shri Digvijay Singh
Indian textile industry capable of overtaking China: Shri Digvijay Singh
05
Oct '10
The Indian textile industry can beat China in view of its unmatched entrepreneurial talent, said Shri Digvijay Singh, General Secretary of the All India Congress Committee, while addressing the leaders of the textile industry at an Interactive Meeting organized by The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), in Mumbai on 4th October 2010.

Shri Narayan Rane, Hon'ble Minister for Revenue, Government of Maharashtra, and Shri Naseem Khan, Hon'ble Minister for Textiles, Government of Maharashtra, were also present on the occasion.

Shri Digvijay Singh observed that since adequate focus was not given to the India's textile industry, the Chinese textile industry had overtaken Indian textile industry. However, he expressed confidence that Indian textile industry can cut costs and compete effectively with Chinese textile products, if adequate support is given and regulations are simplified.

In this context, Shri Singh said that the Indian bureaucracy should act as real facilitators rather than regulators and assured the textile industry of his support. He also pointed out that in the textile sector, the opportunities were immense and it was only a question of proper mindset to translate these opportunities into reality.

Earlier, in his welcome address, Shri Ganesh Kumar Gupta, Chairman of the Council, said that Shri Digvijay Singh had been a Chief Minister of the State of Madhya Pradesh for nearly ten years and is well-respected.

The SRTEPC Chairman informed that the Indian textile industry was one of the most important sectors of the country's economy, contributing 4% of GDP, 14% of industrial production, 17% of export earnings and is the second largest provider of employment, after agriculture, employing more than 35 million people directly.

Shri Gupta also pointed out that that the Indian synthetic and rayon textile industry was gaining importance and their exports were to the tune of Rs 18691 crores in 2009-10 and added that The Synthetic & Rayon Textiles Export Promotion Council was making concerted efforts to enhance exports substantially in the coming years.

The Meeting was well-attended by leaders and stalwarts of the Indian textile industry, including Shri Vinod Kumar Ladia, Vice-chairman of The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), Shri R. L. Toshniwal and Shri Sanjeev Saran, former Chairmen of the Council, Shri Sharad Kumar Saraf, Vice president and Chairman of Western Region of FIEO, Shri Premal Udani, Chairman of Apparel Export Promotion Council, and Shri Amit Ruparelia, Chairman of TEXPROCIL, etc.

The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC)

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Marcel Alberts
Eurofibers

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search