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Piyush Goyal: Need to reduce textile machinery imports

Oct 27, 2021
Piyush Goyal: Need to reduce textile machinery imports

Union Textiles Minister Piyush Goyal has called for developing 100 Indian textile machinery champions recognised across the world and reducing import dependence of the sector through concerted efforts between the textile engineering industry and the government.

 

Goyal also asked textile machinery manufacturers to get out of command-and-control mindset and work through plug and play to make the textile sector vibrant in name and spirit, the textile ministry said. A total of 15 textile machines manufacturers of foreign regions, 20 leading indigenous textile manufacturers and seven textile machinery and associated industry associations participated and submitted their view points.

The interaction was aimed at devising possible strategy to develop a facilitating ecosystem for growth of the textiles engineering industry (TEI) in India under the Make in India programme. He said that the National Capital Goods Policy is a manufacturing sector policy devised by the Government of India aimed at increasing the production of capital goods from the 2014-15 value of about US $ 31 billion to US $ 101 billion by 2025.

Goyal urged the textile industry to focus on speed, skill and scale and get into innovative partnership. He called for developing 100 Indian textile machinery champions recognised across the world. The minister said India should look to become a global player in producing textiles machinery, producing at scale, producing with quality and quantity the machinery of choice that the world requires.

He also urged the manufacturers to come and join the PM-MITRA scheme and set up manufacturing units by reaping its advantages.

Image Source: Google Images

Source: mint

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