New Delhi: On Thursday, 15th of July, the Union Minister of Textile, Commerce & Industry, Consumer Food & Public Distribution, Shri Piyush Goyal held a review meeting for the initiatives undertaken by the Ministry of Textiles to boost the textile sector.
Smt. Darshna Jardosh, the Minister of State for textiles, Shri U.P Singh, Secretary Textiles, Shri V.K . Singh, Additional Secretary, Joint Secretaries, DC Handicrafts along with other senior officials were present during the meeting.
Meanwhile, Shri V.K Singh gave an overview of the entire textile sector to the Union Minister and gave a brief about the broad contours of the Indian Textile Sector.
As per the information, Textiles is one of the oldest industries in India which contributes 2.3% to Indian GDP, 7% of the Industrial Output,12% to the export earnings of India, and employs more than 45 million persons (Direct) that is 21 % of total employment. India is the 6th largest producer of Technical Textiles with a 6% Global Share (12% CAGR), the largest producer of cotton & jute in the world. Cotton production supports 5.8 Million farmers & 40-50 Million people in allied sectors.
Moreover, India is also the second-largest producer of silk in the world and 95% of the world’s hand-woven fabric comes from India.
In the meeting, Goyal said that enhancing the productivity of local artisans and domestic Industry will help to realize the vision of Atmanirbhar Bharat under the leadership of Prime Minister Narendra Modi, and further asserted that the Textiles sector has great potential and it should be innovatively utilized as per the latest technology, and facilitation.
The Minister also expressed confidence that there will be a huge growth in the textile sector and has asked the concerned officials to think and undertake necessary measures for increasing the income of people employed in Textiles, put efforts to bring consistency in quality of handloom, and eliminate child labor from the textiles sector.