Prime Minister Narendra Modi on Saturday said the textile sector is key in realising a self-reliant India, and added that his government is particularly focussing on skills upgradation, financial assistance and integrating the sector with latest technology.
But it’s too early to rejoice, warn exporters; imports continue to dip
The government will soon announce the much-awaited new National Textile Policy entailing a “futuristic” strategy and action plan for India to unleash its full potential and become globally competitive in the sector, a top official has said.
PHNOM PENH -- Robust exports to the U.S. are giving Cambodia's garment industry -- and its wider economy -- breathing room in the face of the coronavirus pandemic and a loss of key European trade privileges.
The DPIIT has shared a list of 24 key sectors including food processing, toys, furniture, agro chemicals and textiles with respective ministries asking them to work on an action plan with a view to boost domestic manufacturing and make India a self-reliant country, an official said.
A local online platform for trading garment items was launched yesterday to help international suppliers and retailers meet exporters directly and facilitate verification of work orders digitally.