Textile trade body ‘Texprocil’ has welcomed the recognition of the Indian textile industry as a sector capable of contributing to the ‘Make in India’ movement.
Prime Minister Narendra Modi, inaugurated the ‘Make in India’ movement on September 25, under which, 25 sectors have been identified for giving a thrust under the ‘Make in India’ programme and the textile industry is one of the sectors to be included.
At the launch of the ambitious ‘Make in India’ project to make India a manufacturing hub, Prime Minister promised effective and easy governance to help achieve high growth and creation of jobs.
The ‘Make in India’ scheme also puts in place the logistics and systems to address in a timely manner queries of potential investors. The scheme has been unveiled along with a logo, a web portal, and brochures on 25 identified growth sectors.
Mr. R K Dalmia, chairman of Texprocil said there are many features of the textile sector which have not been widely appreciated and are also little known.
He also pointed out that the textile industry is ideally placed to be the engine of the future growth for creating crores of jobs, promoting inclusive growth and investments in Tier 2 and Tier 3 cities.
Mr. Dalmia also welcomed the Prime Minister’s twin interpretation of the word “FDI”s as “First Develop India” and also “Foreign Direct Investment” by emphasizing on manufacturing activities within India by local investors.
