Darshana Jardosh, Minister of Textiles of India, and others at the inauguration of Gartex Texprocess 2022 in Mumbai on May 12th.Photo: Messe Frankfurt
Jardosh said seven states are interested in establishing 13 parks in the country under the plan.
The Government of India will soon approve the textile park under the PM Mega Integrated Textile Area and the Apparel (MITRA) Park scheme, said Darshana Jardosh, Minister of State for Textiles. The Minister addressed the textile industry captain at the opening ceremony of the Gartex Texprocess trade fair in Mumbai on Thursday.
The Denim Show, Fabric & Trim Show, and Screenprint India are under its umbrella, with the launch of Gartex Texprocess India 2022 in Mumbai opening Thursday with over 100 exhibitors and over 250 brands on the show floor. .. The show is open to the public on Friday.
Jardosh said deliberations are taking place in a state that holds a 51% stake in the proposed textile park. The park is approved taking into account the industry’s requirements for future growth. This will improve the industry ecosystem at various hubs in the country.
The Minister talked about the Production Linked Incentive (PLI) scheme, which said it succeeded in attracting an investment of about £ 10,600 in the textile sector. However, many products have been excluded under this scheme.
The minister said the Indian textile industry needs to diversify its raw material consumption. The textile sector in India consumes only 25% artificial fiber, so it is highly dependent on cotton, and about 75% of MM fiber is used worldwide.
She emphasized the importance of the textile sector, which accounts for about 10% of the country’s manufacturing industry and 2% of GDP. Trade fairs and trade fairs are effective tools for connecting industries and sharing the latest developments and technologies. She congratulated the organizers of the fair with a particular focus on denim.
The Minister focused on process innovation and mechanization. She said India is far behind in the manufacture of textile machinery. She “needs to build a bridge between Charkha’s traditional process and new technology.”
As part of Gartex Texprocess India’s Knowledge Forum, the exclusive Denim Talks series was announced for the first time in India to unravel the discussion of indigo’s digital manufacturing, bio-staining and flash dyeing techniques. The inauguration and other technical sessions were attended by many leading industry experts and captains. Sharad Jaipuria, CMD, Chairman of Ginni International Ltd & Denim Manufacturers Association. Hysoung India Pvt Ltd (Creora), Director, Jang Gyoo Lim Jindal Worldwide Ltd, Chairman, Yamunadutt Agarwal; MEX Exhibition Director, Jimani Grati. Stephen Bloomers, a member of the board of directors of the Messe Frankfurt Group. Raj Manek, Executive Director and Director of Messe Frankfurt Asia Holdings Limited. Gaurav Juneja, director of MEX Exhibitions Pvt Ltd, was among them.
After its inception, a CXO panel discussion was held on “Denim’s Dream: A Roadmap for Building a Sustainable and Profitable Future.” Industry representatives and experts said India needs to develop sustainable fabrics by readjusting and minimizing the use of chemicals and water. They said that recycled yarns, fabrics and recycled polyester can lead the industry to make the process more sustainable. The industry can also reduce costs by adopting sustainable processes. Industry representatives said that denim and other textiles are under great discounts, putting great pressure on margins. Previously, buyers were brand-influenced and ready to pay higher prices for offline shopping. However, they added that significant discounts are essential because the current omni-channel of online and offline platforms is competing to win buyers.
Fiber2Fashion News Desk (KUL)
The Indian government will soon approve the textile park, the minister says
Source link The Indian government will soon approve the textile park, the minister says