The minister highlighted that the Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) Parks are being established across seven states of the country with the objective of promoting India’s textile sector in a significant manner. Goyal said that PM MITRA Parks will lead to reduction of logistic costs due to the cluster-based approach of manufacturing and production of quality products with appropriate testing facilities. He also said that the locational advantages of the PM MITRA Parks will help the units in these parks to cater well to domestic demand as well as the exports, the ministry of textiles said in a press release.
Goyal encouraged the industry to focus on quality and test their products to comply with quality standards. The minister also motivated the youth to innovate and develop new technologies to facilitate production of better-quality products. He said that the IIGF must focus on enhancing quality and professionalism in the textile sector.
Goyal said that India is actively considering the possibility of Comprehensive Economic Partnership Agreements (CEPAs) and Free Trade Agreements (FTAs) with various countries. He said that these agreements aim to enhance the market size and facilitate exporters in the thriving Indian textile sector. The minister said that by entering into these agreements, India aims to tap into new markets, increase exports, and create opportunities for growth in the textile industry.
Goyal applauded the contribution of the Apparel Export Promotion Council (AEPC) for organising the IIGF and providing an opportunity for enhanced collaboration of the Indian textile industry with the world. The minister noted the significant role played by AEPC in serving the textile sector providing livelihood opportunities to many people, encouraging new startups and supporting micro and small units in the textile sector.
Goyal called for the world’s largest garment fair to be organised in the National Capital Region to strengthen the trade fair ecosystem and engage industry, entrepreneurs, and other stakeholders. Member of parliament, Gautam Buddha Nagar, Mahesh Sharma; chairman, AEPC, Narendra Goenka; senior officials and other dignitaries from India and abroad also graced the occasion.
ALCHEMPro News Desk (NB)
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