Browsing: crucial juncture

Indian textile industry is at a very important threshold from where it can move to a higher orbit of growth. It is well poised to create a much stronger footprint across the globe and more importantly meet the country’s inclusive growth objective by providing employment to the rural women. China—which controls 35 per cent of the global textile trade—is in the process of vacating space due to its high cost structure and no one is better placed than India to capture the opportunity we missed in the past.