Home / Knowledge / News / Textiles / Time to concentrate on textile exports in a big way: PM
Time to concentrate on textile exports in a big way: PM
30
Jun '17
Prime Minister Narendra Modi addressing the gathering at the inauguration ceremony of the Textiles India 2017, in Gandhinagar, Gujarat on June 30, 2017. Courtesy: PIB
Prime Minister Narendra Modi addressing the gathering at the inauguration ceremony of the Textiles India 2017, in Gandhinagar, Gujarat on June 30, 2017. Courtesy: PIB
Time has come for India to concentrate on textile and garment exports in a big way, Prime Minister Narendra Modi has said. Innovation and research are new mantra for growth, and the textiles industry will have to constantly innovate to tap world markets, Modi said while inaugurating Textiles India 2017, the first of its kind mega event in Gandhinagar today.

“The organised textile industry has been infused with skill, scale, speed and zero-defect, zero-effect for scaling up production and exports. We have one of the most liberal policies for investment in the textile sector. We allow 100 per cent FDI through automatic route in this sector,” Modi said.

He said that the textiles sector acts as bridge between agriculture and industry, as the end product of cotton and silk is produced by the textile sector. “We have a distinct advantage of backward integration, which many other nations do not have. Young skilled labour is available at reasonable costs,” said Modi.

Speaking about the event, the Prime Minister said it is the biggest textile event in India, so far. He added that it is for the first time that Central and state governments, and textile industrialists have come together for such an event.

He said that textile producing states have pro-industry policy in place. He suggested that each state should appoint nodal officers, and formulate action plan to map and study, and monitor trends on a real time basis. He urged government bodies to work in a spirit of cooperation.

Modi said that there is growing demand for product with zero carbon footprint, and the market for organic dyes and products is growing day by day. For international buyers, he said, “Come, invest and make textiles in India”. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Textiles | On 20th Sep 2017

India needs to double cotton farmers’ income: top official

India needs to double the income of cotton farmers and non-farmers...

Textiles | On 20th Sep 2017

Pakistan seeks more JVs with China: textile minister

The Pakistani Government wants to forge more joint ventures (JVs)...

Apparel/Garments | On 20th Sep 2017

Egypt’s garment exports touch $941 million in 8 months

Egypt's garment exports touched $941 million in the first eight...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Steve Cole
Xerium Technologies

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search