‘India cannot be satisfied with 10 big textile companies’, Retail News, ET Retail

NEW DELHI: Textiles minister Smriti Irani has stated that market must resolve to assure that India is not a country of career personnel but a leader in the textiles sector. Observing that India has been content with just 10 huge textiles organizations for extended, the minister stated that the time has come now for 100 new organizations to spring up.

Speaking at a symposium on rising alternatives for Indian textiles and crafts, Irani stated that the time has come to emphasis on micro, smaller and medium enterprises (MSMEs). She stated that the textiles ministry will get in touch with smaller scale makers, who are conference exports compliances and shipping and delivery schedules and assistance them with finance, legislation, certification, high-quality management programmes and research and development to make them leaders in their respective sphere.

The minister appealed to the textiles market to fulfil the intention at the rear of the

Read More