New Delhi, June 25 -- To help Prime Minister Narendra Modis vision of making India a $5 Trillion economy by 2024, the Indian Texpreneurs Federation (ITF) submitted 11- point appeal and suggestions to Smriti Irani, the Minister of Textiles informing her about the urgent need to improve the competitiveness of the textile sector.
The suggestions were based on an online survey carried out by ITF, in which 320 out of 563 ITF member Textile entrepreneurs participated. The letter was also marked to the Commerce Minister Piyush Goyal.
The textiles manufacturers market focus is with only 3 to 4 countries or Zones, where they are not able to compete in prices with FTA countries like Bangladesh. The textile industry is not catching up in terms of ...