Indian Texpreneurs Federation (ITF) will organise an event named ‘Make in India – Textile Industry – Strategies for Success’ to discuss the strategies which can be deployed for the Make in India vision to be a success in the Indian textile industry.
Make in India – Textile Industry – Strategies for Success will be organised on January, 21 in Coimbatore. Textiles minister, Santosh Kumar Gangwar will be the chief guest at the event.
In view of the government’s central role in Make in India, textile industry experts will present the various methods to achieve the Make in India vision.
Indian textile industry has the potential to reach 141 billion US dollar by 2021. It has the potential to grow to the size of 500 billion US dollar in the next ten years, with domestic sales of 315 billion US dollar and exports of 185 billion US dollar, according to the Make in India website.
India has a comparative advantage over other countries with respect to skilled manpower, cost of production, abundant raw materials, etc. A number of new initiatives are lined up to make India achieve its full potential, the website said.
