Textiles sector is bridge between agriculture, industry : PM Modi

By Sarkaritel June 30, 2017 19:03

Textiles sector is bridge between agriculture, industry : PM Modi

Prime Minister, Shri Narendra Modi visiting the Textiles India 2017 Exhibition, in Gandhinagar, Gujarat on June 30, 2017. The Union Minister for Textiles, Smt. Smriti Irani, the Chief Minister of Andhra Pradesh, Shri N. Chandra Babu Naidu, the Minister of State for Textiles, Shri Ajay Tamta and the Secretary, Ministry of Textiles, Shri Anant Kumar Singh are also seen.

Gandhinagar, June 30 (IANS) Prime Minister Narendra Modi on Friday said the textiles sector acts as a bridge between agriculture and industry.

“Textile is such a field which acts as a bridge between the agriculture sector and industry,” Modi said after inaugurating the International Textile Summit here in which over 100 countries are participating.

Modi said that India has got the most liberal policy for textiles as 100 per cent Foreign Direct Investment (FDI) is allowed in the sector.

He also said India has abundant supply of raw materials like jute, wool, cotton and man-made fibre.

“We have got distinct advantage that many countries don’t have,” he said, adding that the country has got young skilled labour available at reasonable cost.

Highlighting that India was the second largest exporter of textiles in the world, the Prime Minister said currently, the domestic apparel and lifestyle products are estimated around $85 billion and is expected to reach $160 billion by 2025.

“Our government has given special attention to the textiles sector. A special textiles package was brought last year to strengthen the apparel sector,” Modi said.

“In the package, the government announced it will bear the cost of provident fund for the new labour employed by the industries,” he said.

He said that earlier, the trade routes got their names from the export and import of textiles.

Many cities got their identity from the kind of textiles they produced, he said.

By Sarkaritel June 30, 2017 19:03

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