The target of $45 billon has been set for textiles and garment exports in the current fiscal, a top official told a news agency.
Union textiles minister Smriti Irani said during a press conference that road shows are being organised in the UK, US, Russia, China, UAE and South Korea to attract potential investors during the Textiles India event that will begin in Gandhinagar, Gujarat from June 30.
The event will showcase India as a sourcing hub for textiles and will give manufactures, buyers and investors a chance to collaborate with their counterparts from across the world.
She also said that additional investments of Rs 3,000 crore have been confirmed by the textiles commissioner's office for the apparel sector to generate employment. A special package of Rs 6,000 crore was also announced by the government in June last year to help the textile sector generate $30 billion in exports, attract investments worth $11 billion and create one crore new jobs in 3 years. (KD)
Fibre2Fashion News Desk – India
Textiles | On 19th Jan 2019
The government of India has notified 207 HSN Codes as technical...
Apparel/Garments | On 19th Jan 2019
Two US senators recently introduced the Cambodian Trade Act of 2019...
Global Organic Textile Standard
‘GOTS is a very efficient supply chain management tool, especially for...
e-Commerce is still evolving fast with constant flux and surprises
Domestic manufacturers would get an edge over imported products
PG Silk Mills Private Limited had a humble start with a hand-dyeing unit....
Idealin Fogging Systems has been engaged in designing and manufacturing...
The China Textile Machinery Association (CTMA) is a social-economic...
Mr Ambrose Chan
DSG International (Thailand) PLC
Directa Plus SpA
Established in 2005, Direct Plus SpA, is one of the largest producers and...
EDANA, the international association serving the nonwovens and related...
Usha Social Services
The Usha Silai label from Usha International is all set for a retail...
Divvya and Nidhhi Gambhir
<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...
<div>Delhi-based Gritstones Clothing offers quality and exemplary style...