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Tuesday, 15 March 2022 16:55

Next textile unicorn should come from ICT: PiyushGoyal, Commerce Minister

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PiyushGoyal, Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, said the next Textile sector Unicorn should come from the ICT.

Addressing the e-Summit 2022 of the Institute of Chemical Technology, Mumbai on Atmanirbhar Renaissance, he called upon the ICT students to take the leadership in Tex-preneurship, the Textiles sector entrepreneurship.

Goyal said the ICT has played an important role in making India Aatmanirbhar, particularly in the Chemicals and Pharma sectors. The government is working as an enabler and has taken transformational initiatives to promote the textiles sector, including the PLI, setting up of 7 mega textile parks, launching the National Technical Textiles Mission (NTTM) to position India as global leader in Technical Textiles and 31 projects have been already approved.

Goyal said India is going through the Aatmanirbhar Renaissance. It has become a global leader in digital transactions within 5 yrs of UPI launch. IIt has the3rd largest Startup ecosystem today, over 65,000 Startups registered in five years, more than 90 Unicorns and lakhs of jobs created by these Startups.

Goyal added,the current decade is the ‘Tech-ade’ of India, a decade where technology and innovation will be the driving force of India and our economy.