Prime Minister Narendra Modi said the time is right for India to focus on
textiles exports in a big way, and urged states to take steps to promote
clothing diversity in the global market.
I think the time has now come for us to concentrate on textiles exports in
a big way. India is a country with diverse culture, fashion and traditions.
This diversity is clearly reflected in the (variety of) clothing culture
present in different regions, he said.
He was speaking after inaugurating the `Textiles India 2017' seminar at
Mahatma Mandir here.
We should catalogue and map our clothing diversity and clearly earmark
strengths and specialities of each state or region. Each state should appoint
nodal officers dedicated to a few well-known products, who would facilitate
producers and traders across the value chain, Modi said.
He said the intervention should start from production level right through
to the export of garments and should meet specific requirements of domestic as
well as export markets.
We should formulate an action plan to study and map the requirements of
people in large global markets and monitor new trends in fashion and textiles
in these areas on a real time basis, the prime minister said.
He stressed on innovation and research in textiles for the industry to grow
and tap new markets. The government has taken several steps to boost textiles
industry, which is the second largest employment generating sector after
Ours is a nation of aspirational youth, who wish to spend on textiles,
apparel, and handcrafted lifestyle products, Modi said.
The domestic market for apparel and lifestyle products, currently estimated
at 85 billion US Dollars, is expected to reach 160 billion US Dollars by 2025.
This growth will be driven by the rising middle class, he said.
He said that the government's industry-friendly initiatives like repealing
of 1,200 "outdated laws" and carrying out 7,000 reforms have resulted
in India becoming a preferred investment destination.
India has moved up by 32 places in the last two years in the Global
Competitiveness Index of the World Economic Forum. This is the highest for any
country. India moved up 19 places on the World Bank Logistics Performance Index
We have also moved up 16 places on the Global Innovation Index of the World
Intellectual Property Organisation in 2016. We are third among the top 10 FDI
destinations listed by the United Nations Conference on Trade and Development,
The textiles industry has a pivotal position in the Indian economy. It is
strong and competitive across the value chain. India has an abundant supply of
raw material like wool, cotton, silk, jute and man-made fibre. In fact, it is
the world's largest producer of cotton and jute, and second largest producer of
silk and man-made fibre, the PM said.
This provides us the distinct advantage of backward integration, which many
other countries may not have. In addition, India has strong spinning, weaving,
knitting and apparel manufacturing capacities. Young, skilled labour is
available at a reasonable cost, he added.
Besides Modi, Union Minister of Textiles Smriti Irani, Union Minister of
State for Textiles Ajay Tamta, Arvind Ltd CMD Sanjay Lalbhai, Raymonds Chairman
Gautam Singhania, US Polo CEO David Cummins, among others, were present at the
Mr Modi said high economic growth has resulted in higher disposable income
which has resulted in more people willing to spend on products like textiles,
apparel and handcrafted products.
Yes India's Textile sector is big enough to handle both domestic and
Exports market and if Govt. gives Incentives to the Textiles sector to overcome
the hurdles they are facing with competition right...
Our high economic growth has resulted in higher disposable income. The
resulting higher demand for products offers a huge domestic market."
Earlier, Modi inaugurated India's biggest textile fair at Gandhinagar
exhibition ground in the presence of Andhra Pradesh Chief Minister Chandrababu