To become a preferred sourcing partner for the global textile industry, India will pitch during the Textile Week (starting from 26 November 2021) at the India Pavilion in EXPO2020 (Dubai).
Minister of State for Textile Darshana V. Jardosh will inaugurate the ‘Textile Week’ virtually and is slated to invite global investors to invest in the Indian textile value chain and make it a preferred sourcing partner.
A high-level delegation led by Vijoy Kumar Singh, Additional Secretary, MoT will be meeting global business federations along with various industry chambers during the ‘Textile Week’ to explore potential business tie-ups through investor connect programmes.
These meetings will also see participation from Jay Karan Singh, Trade Advisor, MoT, and Chairman of various Export Promotion Councils (EPCs) will also be part of these meetings.
The Minister said, “Indian textile is world-renowned as it not only represents the country’s glittering past but also matches up to the demands of the modern times. India is the world’s second-largest exporter of textile and clothing and focuses on both quality and scale of production to become the global manufacturing hub and represents an immense opportunity for global investors and buyers.”
As per a statement, issued by the Government, the ‘Textile Week’ at India Pavilion will see many activities including roundtable discussions on India as a sourcing and investment destination for textiles along with the production linked incentive (PLI) scheme.
Union Minister for Commerce and Industry, Textiles Piyush Goyal has urged the textile industry ‘to focus on speed, skill and scale and get into innovative partnerships.’
