Govt focuses on tradition, technology, talent and training
Prime Minister Narendra Modi https://www.pmindia.gov.in/en/ has underlined the government’s expansive plans to create seven export-oriented PM MITRA Parks in various states, emphasising on the creation of opportunities for the entire textile sector.
“The Government strives to establish the entire value chain ecosystem in a single place where modern infrastructure with plug and play facilities are made available,” he said.
“It will not only improve scale and operation but also bring down logistics costs.”
Addressing the gathering on 26 Feb, the Prime Minister welcomed everyone to Bharat Tex https://bharat-tex.com/ 2024, saying that today’s event encompasses many dimensions as ‘the thread of Bharat Tex connects the glorious history of Indian tradition with today’s talent; technology with traditions and is a thread to bring together style, sustainability, scale and skill.
With more than 50 announcements and MoUs expected to be signed during the event, it is envisaged to provide further impetus to investment and trade in the textile sector and help push up exports.
He also saw the event as a great example of Ek Bharat Shreshtha Bharat, encompassing myriad textile traditions from all over India.
The Prime Minister praised the exhibition at the venue for displaying the depth, longevity and capability of India’s textile tradition.
Noting the presence of various stakeholders in the textile value chain, he highlighted their intellect towards understanding India’s textile sector https://www.ibef.org/ as well as being aware of the challenges and aspirations.
He also noted the presence of weavers and their generational experience from the ground level who are critical to the value chain.
Directing the address towards them, the Prime Minister emphasized the resolve of Viksit Bharat and its four main pillars and highlighted that India’s textile sector is connected to each one namely the poor, youth, farmers and women. Therefore, the Prime Minister said, the significance of an event like Bharat Tex 2024 only grows.
The Prime Minister https://innovateindia.mygov.in/viksitbharat2047/elaborated on the ambit in which the government is working to expand the role of the textiles sector in the journey of Viksit Bharat.
“We are focussing on tradition, technology, talent and training”, he said, pointing out the emphasis is on updating traditional designs to the demands of the contemporary world.
He reiterated the concept of Five Fs – Farm to Fiber, Fiber to Factory, Factory to Fashion, Fashion to Foreign which is binding all elements of the value chain to a single whole.
In order to help the MSME sector, the Prime Minister mentioned the change in the definition of MSME to ensure continued benefits even after growth in size. He also talked about direct sales, exhibitions and online portals that have reduced the distance between the artisans and the market.
Organized by a consortium of 11 Textile Export Promotion Councils and supported by the government, Bharat Tex 2024 is built on the twin pillars of trade and investment, with an overarching focus on sustainability.
Over 3,500 exhibitors, over 3,000 buyers from over 100 countries, and more than 40,000 business visitors, besides textiles students, weavers, artisans and textile workers are expected to take part in Bharat Tex 2024 along with policymakers and global CEOs. Fiinews.com
