The Indian textile Industry has the potential to become the second largest manufacturer of textile products in the world after China, said DarshanaJardosh, Minister of State for Textiles and Railways, during the inaugural address at CITI’s Man-Made Fibre Conclave 2022 held on 9th March 2022.
The Minister stated that “the textile industry is one of the priority sectors for the Government of India and appreciated CITI for organizing MMF Conclave 2022 at such an opportune time”.
The Minister also stated that “the Government is looking towards the inclusive and participative development of Indian textile sector and accordingly, the Government’s central focus has recently been on increasing the textile manufacturing many-folds by developing the best-in-class manufacturing infrastructure, up-gradation of technology fostering innovation, enhancing skills and utilising traditional strengths in the MMF textile sector.”
The Minister exhorted the industry captains to heavily invest in the MMF Sector and take advantage of recently announced schemes like PLI and PM MITRA for the holistic development of this particular sector. This will increase India’s share in the global trade and provide huge employment opportunities for the Indian youths.
