At the largest global textile event in India, Prime Minister Narendra Modi highlighted the significant growth of the Indian textile sector, noting an increase in valuation from less than Rs. 7 lakh crore in 2014 to over Rs. 12 lakh crore. He emphasized the sector's 25% rise in production of yarn, fabric, and apparel, demonstrating the economic impact under the current government. Modi assured full government support for the textile sector, aiming to boost its contribution towards building a developed India. Textile Minister Piyush Goyal also spoke about the industry's strength, vibrancy, and confidence, projecting an optimistic future for its expansion and international market capture.
ET NOW Exclusive | Goyal on roadmap for Indian textile sector "What you have seen at Bharat Tex, shows you the strength, vibrancy and the confidence of an industry which is now going to grow and capture international markets," says Textile Minister Piyush Goyal @sameerdixit16… https://t.co/FyhOrfP2ZC
In 2014, the valuation of India's textile market was less than Rs 7 lakh crore. Today, this has crossed Rs 12 lakh crore. During the last 10 years, there has been a 25% rise in the country's production of yarn, fabric and apparel. - PM @narendramodi Watch the full video:… https://t.co/j0vpnIpYUv
PM Modi assures textiles sector of full government support
The positive impacts resulting from efforts of a stable and visionary government on textile sector can well be seen. In 2014, the valuation of textile market of India was less than Rs. 7,00,000 crore, whereas today, it has crossed Rs. 12,00,000 crore! - PM @narendramodi https://t.co/NZmym3T5Ws
Valuation of India's textile sector has crossed Rs 12 lakh crore: PM Modi
We are working to further increase the contribution of textile sector in building a developed India: PM Modi
Watch Live: PM Modi speaks at the largest global textile event in India https://t.co/gvgs0Fyp88