New Tex­tile Pol­icy to make industry glob­ally com­pet­i­tive

FICCI Business Digest - - Special Features -

The new long term Tex­tile Pol­icy which is on the anvil is likely to ad­dress the crit­i­cal con­cerns of the tex­tiles and tex­tile ma­chin­ery man­u­fac­tures in a bid to make them glob­ally com­pet­i­tive through mea­sures such as fo­cus on labour in­ten­sive manufacturing, skill upgra­da­tion, ra­tio­nal­i­sa­tion of labour cost, speed­ing up cus­toms clear­ance and re­duc­tion in the cost of cap­i­tal.

An in­di­ca­tion to this ef­fect was given by Santosh Ku­mar Gang­war, Min­is­ter of State for Tex­tiles (In­de­pen­dent Charge) while inau­gu­rat­ing a con­fer­ence on 'Strat­egy for Mak­ing In­dia a Global Leader in Tex­tiles and Ap­par­els' or­gan­ised jointly by FICCI and the Tex­tiles Com­mit­tee, Min­istry of Tex­tiles, Gov­ern­ment of In­dia in New Delhi on April 7, 2015.

Gang­war said that the tex­tile min­istry was seized of the ur­gent need to cre­ate jobs and up­grad­ing the skills of work­ers em­ployed in the tex­tiles industry as "Un­for­tu­nately, in this coun­try we have more en­gi­neers but there is woe­ful short­age of skilled peo­ple".

He said that the min­istry was en­sur­ing that work on 20 tex­tile parks is ex­pe­dited and the tech­nol­ogy upgra­da­tion plan given a fil­lip through an in­vest­ment of Rs. 4000 crore.

He said that re­cently the min­istry had an­nounced the scheme for set­ting up of Ap­parel and Gar­ment Cen­tre for North East­ern states that will aug­ment the ca­pac­ity in the re­gion for un­leash­ing en­trepreneur­ship and cre­at­ing a pool of skilled work­force for the ap­parel sec­tor. The Cen­tre is be­ing set up as part of a land­mark ini­tia­tive an­nounced by the Prime Min­is­ter,

“The tex­tile industry has po­ten­tial to con­trib­ute to 'Make in In­dia' in view of em­ploy­ment in­ten­sity and ex­port po­ten­tial. It is a very pow­er­ful tool for in­clu­sive growth since most of the work­force is women, be­low poverty line and ru­ral. A holis­tic ap­proach is needed to con­sol­i­date and strengthen the industry cov­er­ing its en­tire value chain."

Santosh Ku­mar Gang­war, Min­is­ter of State for Tex­tiles (In­de­pen­dent Charge) (3rd from right) inau­gu­rat­ing a con­fer­ence on 'Strat­egy for Mak­ing In­dia a Global Leader in Tex­tiles and Ap­par­els'.

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