Explorer

Govt To Launch Centralised Platform For Resolving Textile Industry Issues; Details Inside

India has launched a unified platform with industry stakeholders to develop a strategic roadmap toward achieving $100 billion in textile exports by 2030–31.

The government plans to set up a unified platform for addressing critical issues concerning the textile sector by involving all relevant stakeholders to work collaboratively towards creating a road map for achieving the $100 billion target for textile exports by 2030–31, Commerce Secretary Sunil Barthwal said.

Addressing the first meeting of the Task Force on Textiles Exports, he highlighted the need to formulate strategies for enhancing India’s share in global markets.

The discussions during the meeting covered matters and issues pertaining to the entire textiles value chain. This included skilling, labour, cost competitiveness, use of renewable energy, sustainability, scale of manufacturing, and current schemes of the government for supporting the textiles sector. Quality Control Orders, logistics, promotion of GI products, productivity enhancement of natural fibres such as jute and matters pertaining to the Export Promotion Mission being set up by the Department of Commerce were also taken up for discussion.

Also Read : NCLT Approves Inox Wind-Inox Wind Energy Merger, Streamlining INOXGFL Operations

Special Secretary, Department of Commerce, Rajesh Agrawal, mentioned that there is a need to focus on innovations, keeping in view the latest trends, in order to garner a higher share of the export market.

Special Secretary L Satya Srinivas mentioned that textiles is one of the key focused sectors identified by the Department of Commerce for exports. He mentioned that while the government is continuously working on trade agreements with various countries to remove tariff disadvantages, the industry should work on formulating plans to utilise them more effectively.

Additional Secretary Rohit Kansal highlighted various schemes of the Textiles Ministry, such as the PM MITRA, to support the industry.

Representatives of the various Textiles Export Promotion Councils and Industry Associations, along with their exporter members, provided their views and suggestions on various issues.

It was further decided that sub-task forces will be set up, led by the Ministry concerned, along with participants from export promotion councils and the industry, to work on and provide suitable recommendations to the Task Force.

(This report has been published as part of the auto-generated syndicate wire feed. Apart from the headline, no editing has been done in the copy by ABP Live.)

Top Headlines

Syngene International posts Rs 32.2-crore profit in Q2, rebounds from Q1 loss
Syngene International posts Rs 32.2-crore profit in Q2, rebounds from Q1 loss
Cyclone Arnab: Civil aviation ministry reviews situation to ensure safety of flight ops
Cyclone Arnab: Civil aviation ministry reviews situation to ensure safety of flight ops
High Salary, Low Savings: Why Earning More Does Not Always Mean Financial Freedom
You Earn Well And Have Investments, So Why Does A Pay Cut Feel Impossible?
Supreme Court Questions Centre Over Medicine Pricing, Asks Why System Helps Manufacturers
'Why Is The Entire System Working To Help Manufacturers?’ SC Questions Medicine Pricing

Videos

Israel Election: Netanyahu Faces Tough Challenge as Gadi Eisenkot Leads Opinion Polls
Maharashtra MLC Election: First-Preference Vote Counting Begins, Trends Expected After 4 PM
Bihar MLC Election: Anant Singh’s House Prepares 2 Lakh Gulab Jamuns Before Results
Bihar MLC Election: Neeraj Kumar Confident of Victory, Targets Anant Singh Over Rebellion
SIR Case: Supreme Court Grants Time to Petitioners, Next Hearing Likely on November 17

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget