Need to digitise value chain of textile industry: Amitabh Kant -Governance Now

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 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

“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

How to listen to the great storytellers that the trees are

The Trees of My Country: A Natural History of India in 50 Trees By T. R. Shankar Raman, with illustrations by Manali Patil Aleph Book Company, 284 pages, Rs 1,499

This tree in Bihar turns out to be the oldest accurately dated banyan

A banyan tree in Munger, Bihar, estimated to be around 700 years old, has been identified as the oldest accurately dated banyan tree, Ficus benghalensis, using radiocarbon dating, a method that relies exclusively on scientific evidence rather than historical records or local lore. Banyan

Corporate Governance 3.0: What the boardroom of 2030 will look like

The phrase "corporate governance" often evokes images of board meetings, compliance checklists, and regulatory filings. For years, governance was viewed primarily as a mechanism to prevent fraud, protect minority shareholders, and ensure regulatory compliance. However, the events of the last deca

India, Japan open "a new chapter in special strategic and global partnership"

India and Japan are opening a new chapter in their special strategic and global partnership with the visit of prime minister Sanae Takaichi, India`s prime minister Narendra Modi said on Thursday, "I had said in the G7 summit a few days ago that, in this environment of

AI studies sun images to track bright solar regions

Artificial Intelligence has been used to trace the shift in magnetically active patches on the Sun from 1916 to 2007 by scanning 100 years of hand-drawn Sun records from the Kodaikanal Solar Observatory (KoSO). This could give a much longer view of how solar activity changes over time.

General Dhiraj Seth takes over as Chief of Army Staff

General Dhiraj Seth, PVSM, UYSM, AVSM, took over as the 31st Chief of the Army Staff (COAS) from General Upendra Dwivedi, PVSM, AVSM, who superannuated after more than four decades of distinguished service to the nation on Tuesday. General Dhiraj Seth is an alumnus of the N