India will be number one in garment exports: Minister 03 Dec, 2013 On account of overwhelming response in garment exports from the country, the Union Textiles Minister, Dr. K S Rao Monday said that the country will become number one garment exporter. This is the golden era of textiles in India and we have to work to make India hub of Textiles exports. I dont think its difficult to achieve the number one position. We have the potential and capacity we need to just take care of skill training and power availability, Dr. K S Rao said while speaking at the Textile Conclave 2013, in New Delhi. Speaking on the Textile Conclave 2013, Chairman, AEPC Dr. A Sakthivel also said, Indias garment exports would be touching USD 60 billion in the next 3 years, with the help of the Government support. Definitely India will be number one in garment export. Apparel exports grew to 31 percent for the month of October 2013. Export in dollar terms for April-Oct of the FY 2013-14 has increased by 15.5 percent over the same period of previous FY and reached to USD 8259 million however. Dr. Sakthivel identified shortfall of labour to be the biggest bottlenecks. He informed, We are getting good orders and have won the confidence of buyers. As a brand India we are recognized everywhere but challenge is translating that leverage into the world textiles global hub. The one day Textiles Conclave-2013 was organized by the Ministry of Textiles. The Union Textiles Minister inaugurated the conference in presence of Secretary Textiles, Zohra Chatterji and stakeholders of the Textiles Industry. Delivering the inaugural address Secretary Textiles, Zohra Chatterji stated that, We are building road map to move forward. The planned schemes are ready and we are going full way to implement it. We have a strong raw material base, skilled workforce and stringent compliant standards. Top brands and retails are eying India as a sourcing destination. We have a large skill base to meet the growing burgeoning demand the women need s to work for the longer hours and our role is to make this possible, she added. Lauding the efforts of Textiles Minister and Secretary Textiles, Dr Sakthivel stated that, Todays Textiles conclave is the first conclave in the history of India. This is a mega platform where all stakeholders from the Textiles industry, including policy matters, industrialists and the Government, to usher the new era for the Indian Textiles Industry. The issues that were discussions and deliberations and sharing of prospective will surely fix the agenda of the textiles Industry. Source: smetimes.in/smetimes/news/industry/2013/Dec/03/india-will-be-number-one-in-garment-exports-minister630465.html
Posted on: Tue, 03 Dec 2013 06:14:34 +0000
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