Textile Vision 2030: Piyush Goyal’s Roadmap for India’s Global Dominance
In a bid to propel India’s textiles sector to new heights, Union Minister Piyush Goyal convened a Chintan Shivir, a reflective brainstorming session, to discuss the strategic path towards achieving ambitious goals. Goyal, who holds portfolios in Textiles, Consumer Affairs, Food and Public Distribution, and Commerce and Industry, called for a unified effort to position India as a formidable player in the global market.
During the insightful interaction with officers and staff, the minister underscored the significance of adopting a holistic approach to revitalize the textiles industry and prepare it to compete on a global scale. Central to the discussion was the shared vision of reaching USD 250 billion in domestic textiles production and USD 100 billion in exports by 2030.
Goyal’s vision for the textiles sector goes beyond just economic targets. He emphasized the need for a collective commitment that embraces innovation, sustainability, and inclusivity, thereby making India a torchbearer of responsible and thriving textile manufacturing.
The textiles sector is a vital pillar of India’s economy, providing employment to millions and contributing significantly to the country’s GDP. Acknowledging its immense potential, the government is determined to unlock new opportunities for growth and job creation. To realize this vision, Goyal stressed the importance of a multi-dimensional approach that addresses various aspects of the industry.
In his address, the minister highlighted the role of technology and innovation in fostering competitiveness. Embracing cutting-edge advancements in textile production and adopting sustainable practices will not only elevate India’s position in the global market but also propel the industry towards a greener and more resource-efficient future.
Moreover, Goyal emphasized the significance of enhancing infrastructure and logistical support to ensure seamless operations for manufacturers and exporters. Improved connectivity and efficient supply chains will boost productivity and enable the sector to meet the growing demands of international markets.
Recognizing that the textiles industry is deeply intertwined with the lives of millions of artisans and weavers, Goyal emphasized the need for skill development and capacity building. Empowering these skilled craftsmen with modern techniques and knowledge will not only preserve India’s rich heritage but also elevate the quality of products, making them more appealing to global consumers.
The Chintan Shivir also shed light on the importance of fostering partnerships between the government and private sector. Collaborative efforts can drive investments, promote research and development, and enhance the overall competitiveness of the textiles industry.
Furthermore, Goyal reiterated the government’s commitment to policy reforms that enable ease of doing business and encourage foreign investments. Streamlining regulatory procedures and providing a conducive business environment will attract more investments into the sector, fostering growth and generating employment opportunities.
In his closing remarks, Minister Piyush Goyal inspired the attendees to envision a thriving textiles sector that contributes not only to the economy but also to society and the environment. A robust and vibrant textiles industry, driven by innovation, sustainability, and inclusivity, will solidify India’s position as a global textiles powerhouse.
The roadmap charted during the Chintan Shivir signifies the government’s unwavering commitment to transforming the textiles sector and achieving the ambitious goals set for 2030. Through collaborative efforts, investments in technology and infrastructure, skill development, and policy reforms, India’s textiles industry is poised to reach new heights and command a dominant position in the global market. As the country embarks on this transformative journey, it sets its sights on a future where India’s textiles are revered not only for their economic significance but also for their commitment to excellence and responsibility.
News Mania Desk/ Agnibeena Ghosh , 20 July 2023
