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

India’s forest cover increases by 5,516 sq km in four years

The Dehradun-based Forest Survey of India (FSI), an organization under the Ministry of Environment, Forests and Climate Change, carries out the assessment of forest cover biennially since 1987 and the findings are published in the India State of Forest Report (ISFR). As per the latest ISFR 2021, there is a

Steps taken to meet higher power demand of April-May

While the average growth of energy requirement in the country for 2023-24 viz-a-viz 2022-23 has been estimated as 4.9%, the months of April and May have been projected as high demand period. During the current year, the peak demand is expected to be around 229 GW during the summer period. The government ha

Millets to make comeback in army ration after half a century

As the UN has declared 2023 as the International Year of Millets, the Indian Army has steered introduction of millets flour in the rations of soldiers. This landmark decision will ensure troops are supplied with native and traditional grains after over half a century, when these were discontinued in favour

Central Bank Digital Currency has game-changing potential

When discussing digital currency, you might think of one or two well-known varieties. There is the digital representation of currency that you access with mobile and online banking services. This currency is the liability of a commercial bank. There is also cryptocurrency, a digital medium of exchange issu