New Textile Policy to make industry globally competitive
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'.