Textile India 2017 – A Successful Event
With an aim to promote textile industry in India, the Prime Minister Narendra Modi inaugurated Textiles India 2017 at Gandhinagar, Gujarat.
The PM said, “It being the second largest employer after agriculture, the textile sector offers significant employment opportunities.” The Prime Minister expressed the hope that Textiles India 2017 will help familiarize global and Indian leaders with India’s enabling policy environment, strengths and vast opportunities.
He said, “The domestic market for apparel and lifestyle products, currently estimated at US Dollars 85 billion, is expected to reach US Dollars 160 billion by 2025. This growth will be driven by the rising middle class. There is also a high global demand for textile and apparel manufactured in our country.
India is the world’s second largest exporter of textiles, commanding a global share of around five per cent. Indian textiles, including traditional handloom and handicraft products, are exported to more than a hundred countries.”