Sh. Shishir Jaipuria, Chairman, NITRA in his convocation address said that the Indian textile industry is the second largest employment provider in the country that directly and indirectly employed 35 million people. As per a recent survey, this sector alone generated 1.52 lakh jobs between July '09 and June'10. He informed that, the size of India's T&A Industry is targeted at US$ 220 billion by 2020, out of which export share would be US $ 80 billion. This would increase India's share of textile and apparels in the world trade from the current level of 4.5% to 8%.
However, in order to achieve this growth, investments to the tune of US$ 68 billion would be required by 2020. It is estimated that once this investment was made, this industry would generate an additional 10 million direct and 20 million indirect employments.
The Chairman also opined that by 2012, India would overtake China in terms of growth. At the same time, the already high demand for Indian professionals would go up further in the international market. He opined that the textile industry has globally shifted towards Asia with India, China, Bangladesh, Vietnam, Pakistan and Sri Lanka becoming lead players.
In India, the apparel sector in particular is growing robustly and had become the most potential producer of export items. Besides EU and US, new markets such as Japan, South Asia, Australia, Latin America and South Africa had been tapped to promote exports. Sh. Jaipuria also informed about the major policy initiatives taken by the ministry to augment T&A industry and expressed happiness over industry's continuous support to meet ministry's policy objectives.
While talking about NITRA he opined that the textile ministry and the textile industry had been always encouraging institutes like NITRA, that had taken initiatives in skill development and manpower training activities, specially at shop-floor and supervisory level for the T&A industry. He was happy to inform the gathering that NITRA had already invested Rs. 3 crores and had earmarked another Rs. 2.5 crores for the up-gradation of physical and academic facilities such as modernizing the existing training infrastructure, especially the laboratories for offering better hands-on training.
The Chairman expressed that these would enhance industry confidence in NITRA's programs and industry will continue to support NITRA by recruiting its students in large numbers.
Sh. R. L. Nolkha, Dy. Chairman NITRA, while proposing the formal vote of thanks, appreciated NITRA's manpower training activities and thereby creating job opportunities for youngsters. He asserted that NITRA's initiatives would definitely support the existing govt. initiatives for manpower training and thus would benefit the textiles industry.
NITRA - Northern India Textile Research Association
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