ITF to organise event for Make in India's success

18 Jan '16

2 min read

Indian Texpreneurs Federation (ITF), an association representing the Indian technical textile value chain, will organise an event named 'Make in India – Textile Industry – Strategies for Success' to discuss the strategies which can be deployed for the Make in India vision to be a success in the Indian textile industry, according to media reports.

Make in India – Textile Industry – Strategies for Success will be organised on the 21^st of January, 2016 in Coimbatore. Union textiles minister Santosh Kumar Gangwar will be the chief guest at the event.

In view of the government's central role in Make in India, textile industry experts will present the various methods to achieve the Make in India vision.

Indian textile industry has the potential to reach $141 billion by 2021. It has the potential to grow to the size of $500 billion in the next ten years, with domestic sales of $315 billion and exports of $185 billion, according to the Make in India website.

India has a comparative advantage over other countries with respect to skilled manpower, cost of production, abundant raw materials, etc. A number of new initiatives are lined up to make India achieve its full potential, the website says. (MCJ)

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