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The Economic Times
Road map prepared to create up to 6 cr jobs in textiles sector by 2030: Minister Giriraj Singh
The government has outlined a plan to create 4.5-6 crore jobs in the textile sector by 2030, aiming to expand the market size to USD 350 billion from USD 165 billion. Union Minister Giriraj Singh announced investments of Rs 70,000 crore in seven mega textile parks, creating 21 lakh jobs and promoting Make in India initiatives.
The Economic Times
India to soon produce carbon fibre: Giriraj Singh
India's technical textile exports are set to surpass the $10 billion target by 2030, according to textiles minister Giriraj Singh. The country will soon produce niche carbon fibre, currently imported from various countries. Efforts under the National Technical Textiles Mission and the PLI scheme are driving this growth.
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Fri, Sep 6, 2024
The Economic Times
India’s own body size chart for clothes soon: Giriraj Singh
India is set to introduce INDIAsize, a new clothing sizing system tailored to Indian body types, replacing UK and US-based sizes. This initiative, led by textiles minister Giriraj Singh, aims to address fitting issues and will be launched soon. Additionally, the VisioNxt Fashion Forecasting Initiative will combine AI and EI to predict fashion trends specific to India.
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Thu, Sep 5, 2024
The Economic Times
India’s textile industry to grow to $350 bn by 2030, add 3.5 cr jobs
India's textile industry is projected to grow to $350 billion by 2030, creating 3.5 crore jobs, according to textiles minister Giriraj Singh. The Bharat Tex 2025 event aims to boost India's global sourcing and investment appeal, featuring over 5,000 exhibitors and attracting international buyers and speakers.
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Wed, Sep 4, 2024
The Economic Times
PLI worth Rs 10,000 crore approved for textiles: Minister Giriraj Singh
Textiles Minister Giriraj Singh announced that the government has sanctioned a production-linked incentive (PLI) scheme exceeding Rs 10,000 crore for the textiles industry, with plans under consideration to extend it to the garments sector. Additionally, he highlighted that the ministry is developing a strategy to surpass China in the textile sector.
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Tue, Jun 25, 2024
The Economic Times
Considering PLI scheme for garments sector: Textiles Minister Giriraj Singh
In 2021, the government approved the PLI scheme for textiles with an approved outlay of Rs 10,683 crore over a five year period to promote production of MMF (man-made fibre) Apparel, MMF Fabrics and Products of Technical Textiles in the country to enable textiles industry to achieve size and scale and to become competitive.
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Tue, Jun 25, 2024