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Textiles sector on the recovery path

09
Jun '10
Indian Textiles sector recorded significant recovery in spite of the global financial crisis, inflationary trends and volatility in commodity prices, which led to build up of strong demand side pressures. The Ministry of Textiles initiated policies for faster and inclusive growth and participatory development.

The objective was to maintain the incipient export growth momentum, increasing production and productivity in cotton and cotton yarn, enhancing value addition in garment and apparel sectors, promoting rich heritage of handlooms and handicrafts, institutional strengthening in jute sector, and enhanced acreages under mulberry production and safeguarding employment opportunities. In addition, the Ministry of Textiles tried its best to utilize the better growth prospects of Indian economy for attracting larger capital flows/ foreign direct investment. This was stated by Thiru. Dayanidhi Maran, Union Minister of Textiles, while addressing the media persons here.

The website http://craftsclustersofindia.in depicts about 25,000 products developed in craft clusters assisted by the Ministry of Textiles through its flagship scheme Baba Saheb Ambedkar Hastshilp Vikas Yojana. This site showcases products of 550 clusters of the entire country. Another website http://themecrafts.in , represents more than 21,000 products symbolizes the 5 theme crafts namely needle craft, natural fibre craft, tribal craft, festive decoration and fashion accessories. At present, it has details of more than 4300 business entities and is also available in 7 International languages other than English and Hindi. This portal will be scaled up to 45,000 products and 9,000 entities.

The availability of choicest and exquisite craft products representing the entire country's rich cultural heritage would enable B2B and B2C connectivity across the country and in different global markets since the products have been catalogued with complete specifications and details of the producer groups.

The Textiles Minister also launched the electronic version of "Handmade in India", which is lucid compilation of craft styles of different locations of the country captured in an impressive and imaginative manner enabling the visitor to the site, a first hand feel about the crafts. This compilation is also available in 11 regional languages of the country apart from English through the website www.handicrafts.nic.in.

Click here for more details.

Press Information Bureau


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