Naidu said khadi has become a fashion brand today, and this is entirely attributable to Prime Minister Narendra Modi who globe trots and promotes khadi. Citing an example that a weaver has bagged order for the next 10 years, Naidu said, there will be a premium price for all (Indian) skills in future.
Speaking on the occasion, Gujarat chief minister Vijay Rupani said that the spindles capacity in the state has now risen to 33 lakh. He said Gujarat contributes 38 per cent to India’s total man-made fibre production. The state also manufactures 25 per cent of the country’s technical textiles.
The representative of the Korean Federation of Textile Industry said there are numerous Korean textile projects in China, Vietnam, and other countries, and that the Korean companies look forward to invest in India. He said Korea recently became net importer of textiles, and there is plenty of room for improving Korea-India bilateral textile trade.
Thanking Prime Minister Modi for making GST a reality, Arvind CMD Sanjay Lalbhai said “Progressive and simple GST for entire textile value chain will provide level playing field, especially for those who are compliant. This will push Indian textile industry to be more competitive. This is expected to create 20 million jobs in the country.” (RKS)
Fibre2Fashion News Desk – India