Textile Industry Initiatives

 

 

  • The primary objective is to create an environment that helps the industry to compete on the global basis.
  • To build the environment that will focus on: Wealth Creation, Infrastructure Development, Training, Technological Development, and Poverty Alleviation etc. to enhance the sector performance.
  • Transportation infrastructure should be improved to access the untapped market that would be beneficial to reduce the transportation cost
  • There should be optimized distribution network and supply chain management.
  • Developing technologies to recycle natural resources to produce new products and ensure waste minimization, product durability and reliability.
  • Encourage Private Sector for Partnership & collaboration.
  • More Training centers should be opened to train the workforce and awareness of new technology and trends should be increased among manpower.
  • There should be more Special Economic Zones should be opened with focus on development of Textile Industry.
  • labor Laws should be more liberalized and favorable that will help to make them more productive.
  • Taping the market through Product Development and Diversification and offering products according to need of market.
  • Market and Product development through regular Research & Development.
  • Through Setting up Apparel Parks to promote export.
  • By integrating the disorganized sectors.
  • There should be more Foreign Direct Investment in Industry to make it more competitive in global marketplace.
  • Allow more Foreign Direct Investment (FDI) in Garment Retailing to enable large, modern retail showrooms to set up shops in India.
  • This is also important to grow the technical textiles that are emerging as a special-use textile in the world.
  • Through remove the reservation of garment manufacture for small-scale industry. It will help to improve productivity and to attain large economies of scale.
  • By reducing high Transaction Cost, Interest Rates and Energy Cost the more value addition can be done in whole value chain.
  • By reducing the import duty on textile and apparel to increase demand for better quality clothing.
  • Encourage the De-reservation in industry to enter into new market segment and expand the coverage of the market.