Piyush Goyal holds a depth review to boost textiles sector.

16 JUL: Union Minister of Textiles, Commerce & Industry, Consumer Affairs & Food & Public Distribution, Shri Piyush Goyal held an in-depth review of initiatives undertaken by the Ministry of Textiles for giving a boost to the textiles sector here today. Minister of State for Textiles, Smt.Darshna Jardosh was also present. Shri U.P. Singh, Secretary Textiles, Shri V. K. Singh, Additional Secretary, Joint Secretaries, DC Handicrafts, and other senior officials of the Ministry participated in the meeting.

Shri V. K. Singh made a detailed presentation giving an overview of the entire Textiles Sector. The Minister was briefed about the broad contours of the Indian Textiles Sector. It was informed that Textiles which is one of the oldest industries in  India, dating back several centuries contributes 2.3%  to Indian GDP, 7% of the  Industrial  Output,12%  to the export earnings of India and employs more than 45 million persons (Direct) which are 21 % of total employment. India is the 6th largest producer of  Technical Textiles with a 6% Global Share (12% CAGR), the largest producer of cotton & jute in the world.  Cotton production supports 5.8 Million farmers & 40-50 Million people in allied sectors. India is also the second-largest producer of silk in the world and 95% of the world’s hand-woven fabric comes from India.

Speaking on the occasion, Shri Piyush Goyal said that by enhancing the productivity of local artisans & domestic industry, we will realize the vision of an Atmanirbhar Bharat under the leadership of Prime Minister Shri Narendra Modi. He further said that the Textiles sector has great potential and it should be realized by using innovations, the latest technology, and facilitation. The Minister also expressed confidence that there will be a big growth in this sector. He asked the concerned officials to think and undertake necessary measures for increasing the income of people employed in Textiles, but efforts to bring consistency in quality of handloom and eliminate child labor from the textiles sector.

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