Home / Knowledge / News / Textiles / Dayanidhi Maran addresses Convocation of NIFT
Dayanidhi Maran addresses Convocation of NIFT
02
Nov '10
Thiru Dayanidhi Maran, Textiles Minister has called upon the National Institute of Fashion Technology (NIFT) to double up their efforts to make available the additional requirement of qualified trained technical personnel to the Textile Sector. India has the potential to increase its textile and apparel share in the world trade from the current level of 4.5% to 8% and reach US $ 80 billion by 2020.

To achieve the growth of Indian Textile and Apparel Industry targeted at US$ 220 billion, investments to the tune of US$ 68 billion across the textile supply chain will be required by 2020. Against this requirement, the investment during the last four years was about US$ 9.5 billion. Thiru Maran said that this while addressing the 16th Convocation ceremony of National Institute of Fashion Technology.

Thiru Maran further said “ If we are to achieve these growth potentials, it has been estimated that for the expected additional investment of US $ 68 billion, the textile sector will generate an additional 10 million direct employment and 20 million indirect employment. A part of this additional requriement of workforce is expected to come from the NIFT”. He further said that relevance of the Institute like NIFT increase with the enhanced growth potential of the nation.

Thiru Maran said that NIFT has earmarked Rs. 360 crores for the upgradation of physical and academic facilities across all centres and hoped that the students and faculty will have better infrastructure facilities so as to enable them to compete with the best in the world. Considering the popularity for the NIFT courses from across the country, Thiru Maran said that NIFT has added three more Centres at Kangra, Bhubaneshwar and Jodhpur during the last one and a half years bringing the total number of NIFT Centres to fifteen. NIFT has already started Ph.D Programmes in the Design, Technology and Management from last year.

Press Information Bureau

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search