Need to digitise value chain of textile industry: Amitabh Kant

Experts discuss the contribution of the textile sector in India’s economic growth at Textiles India trade fair in Gujarat

pranita

Pranita Kulkarni | July 3, 2017 | Gandhinagar


#Nirmala Sitharaman   #Venkaiah Naidu   #Smriti Irani   #Gujarat   #Textiles India   #Narendra Modi   #Radha Mohan Singh  
(Left to Right) Minister of state for textiles, Ajay Tamta, union minister for textiles, Smriti Irani, union minister for urban development, housing & urban poverty alleviation and information & broadcasting, M Venkaiah Naidu, and vice chairman, NITI Aayog, Arvind Panagariya at the valedictory session of Textiles India 2017, in Gandhinagar, Gujarat on July 02, 2017
(Left to Right) Minister of state for textiles, Ajay Tamta, union minister for textiles, Smriti Irani, union minister for urban development, housing & urban poverty alleviation and information & broadcasting, M Venkaiah Naidu, and vice chairman, NITI Aayog, Arvind Panagariya at the valedictory session of Textiles India 2017, in Gandhinagar, Gujarat on July 02, 2017

“If India has to grow rapidly, it cannot grow without exports. We still import a lot of raw material like laces, buttons, elastics etc, which makes production expensive for the (clothing) manufacturers,” noted NITI Aayog CEO Amitabh Kant at the concluding day of Textiles India 2017  held in Gandhinagar, Gujarat.

He highlighted the importance of exports in the textile sector and the ease of doing business in India. 
 
He added that there is a need to digitise the entire value chain of the textile industry and that the industry can be boosted with a culture of collaboration and innovation. He said that he’s not a believer of subsidies and added that the country needs to move from “job-protecting labour laws” to “job-creating labour laws.”
 
The international trade fair, which was helmed by union textiles minister Smriti Irani and inaugurated by prime minister Narendra Modi, concluded on Sunday.
 
Ministers Venkaiah Naidu, Radha Mohan Singh, Rajiv Pratap Rudy, Ajay Tamta and Nirmala Sitharaman attended the final day of Textiles India 2017.  A number of panels constituting the ministers, industry representatives and senior officials of NITI Aayog talked about the roadmap for the sector aiming at increasing its global market share.
 
Naidu credited Irani for bringing vibrancy into the sector, which used to be “reserved for the ministers, who are to be sidelined”. He emphasised the need to let the industry have a say in the country’s development. “We have to encourage the trade. Unfortunately, because of our political mindsets, we politicians have developed some sort of allergy to the business. We believe that the industry also has a rightful place in the development of the country,” he said.
 
Speaking about making India a sourcing hub and investment during a panel discussion, Sitharaman said that the focus should be on promoting niche areas that cover indigenous artisans, weavers and craftsmen, as they provide a unique identity to the country’s textile output. She added that in the industry’s efforts to match up to the demand for man-made fibre, the focus has shifted away from these niche areas and that these need to be promoted.
 
Arvind Panagariya, vice-chairman, NITI Aayog iterated a similar view during the valedictory session, where he also said that the allegations of “jobless growth” are logically incorrect. However, he admitted that the jobs in the formal sector are in short supply.
Irani said, “It seems, in last three days, we have discovered that this is our sleeping giant, which is now roaring as the Make in India lion.”
 

Comments

 

Other News

BMC commissioner Chahal conferred with hon. doctorate

BMC commissioner and administrator Iqbal Singh Chahal has been conferred with a Honorary Doctor of Science Degree (honoris causa) by Guru Nanak Dev University in Amritsar, Punjab. Chahal was conferred the degree during the 48th convocation of the University in Amritsar at the hands of Punjab

Sebi to have two-track approach on ESG

Securities and Exchange Board of India (Sebi) aims to use a two-track approach on environmental social and corporate governance (ESG). Addressing a conference on ‘ESG for Atmanirbhar Bharat` in Mumbai, Sebi chairperson Madhabi Puri Buch said that that there should not be a single carbo

Accuracy more important than speed in news: Anurag Thakur

Presenting authentic information is the prime responsibility of media and that facts should be properly checked before they are put in the public domain, union minister of information and broadcasting Anurag Thakur has said. “While speed with which the information is transmitted is imp

FM concludes pre-budget consultations

Union minister for finance and corporate affairs Nirmala Sitharaman has concluded the pre-budget consultation meetings for Budget 2023-24 that were held from November 21 to 28 in the virtual mode. More than 110 invitees representing seven stakeholder groups participated in eight meetings sch

Coal production rises by 18% to 448 MT

The total coal production in the country stands at 448 million tonnes (MT) for the month of October 2022 which is 18% higher than the production of the corresponding period of last year. The growth of coal production from Coal India Ltd (CIL) is also more than 17%. The ministry of coal said

How to execute large-scale social impact projects

The number of social innovators and entrepreneurs has considerably increased recently in India. The idea of social entrepreneurship, which aspires to provide novel solutions for the world`s most critical social issues, is now receiving more attention. Challenges like overworked healthcare,

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter