Textile Industry Needs Innovation to Grow

Gujarat continues to be a leader in India’s textile industry, yet experts assert that innovation and the adoption of new technologies are crucial for accelerated growth, especially in the competitive export market. The industry’s strong foundation presents ample opportunities for new entrepreneurs ready to embrace swift changes. This was the central theme at the Textile Leadership Conclave 2024, organized by the Gujarat Chamber of Commerce & Industry (GCCI) on Saturday.

Historical Context and Current Challenges

Hasmukh Patel, Member of Parliament and president of the Textile Association of India (Ahmedabad unit), remarked on the industry’s past prominence. “The textile industry had a much higher share in total production and exports till 2000, but due to slow policy decisions, its share in India’s exports decreased. Many composite mills closed due to lack of labour reforms and new technology,” he said.

Government Initiatives and Future Prospects

In recent years, the central government has introduced various measures to revitalize the sector. A significant development is the establishment of a large PM Mitra Park in South Gujarat, dedicated to textiles. Patel highlighted the global trend towards man-made fibers, which constitute 70% of global textile production, compared to India’s 70% reliance on natural fibers. “There is a need to increase the share of man-made fibres,” he emphasized.

GCCI’s Continued Commitment

GCCI president Ajay Patel affirmed the chamber’s dedication to the industry’s growth. “The textile industry has seen rapid growth in Gujarat, and we will continue to organize such conclaves to make the industry aware of the new rules of business,” he stated.

Employment and Technical Textiles

Saurin Parikh, chairman of the GCCI textile taskforce, underscored the industry’s significant employment contribution. “The textile industry provides direct employment to 4.5 crore people and indirect employment to 12 crore people. We believe greater emphasis needs to be given to technical textiles for quicker growth,” he noted.

Path Forward

The conclave concluded with a consensus on the need for continuous innovation and technological adoption. Industry leaders are optimistic that with strategic initiatives and a focus on modern fibers and technical textiles, Gujarat’s textile industry can reclaim its historic global competitiveness and achieve sustainable growth.

Leave a Reply

Your email address will not be published. Required fields are marked *

Drink This Juice Daily to Lower Your Cholesterol 7 Tips to Enjoy Monsoon Like Never Before Shocking Health Benefits of Eating Raw Garlic Proven Health Benefits of Fasting 7 Daily Yoga Poses for a Healthier You 6 Surprising Benefits of Music You Never Knew 7 Stress Relief Techniques for Anywhere, Anytime 7 Surprising Eid ul-Adha Facts You Didn’t Know 6 Amazing Father’s Day Gifts He’ll Absolutely Love Top Summer Loving Vegetable Plants Must-Visit National Parks in India How to Identify Chemically Ripened Mangoes in Seconds! White Eggs VS Brown Eggs 7 Easy Steps to Grow Fresh Mushrooms at Home Top 7 Tips to Ageless, Glowing Skin
Drink This Juice Daily to Lower Your Cholesterol 7 Tips to Enjoy Monsoon Like Never Before Shocking Health Benefits of Eating Raw Garlic Proven Health Benefits of Fasting 7 Daily Yoga Poses for a Healthier You 6 Surprising Benefits of Music You Never Knew 7 Stress Relief Techniques for Anywhere, Anytime 7 Surprising Eid ul-Adha Facts You Didn’t Know 6 Amazing Father’s Day Gifts He’ll Absolutely Love Top Summer Loving Vegetable Plants Must-Visit National Parks in India How to Identify Chemically Ripened Mangoes in Seconds! White Eggs VS Brown Eggs 7 Easy Steps to Grow Fresh Mushrooms at Home Top 7 Tips to Ageless, Glowing Skin 6 Benefits of Matka Water in Summer Top 10 Heartwarming Mother’s Day Gifts She’ll Love Indian Tomato Varieties You Must-Try 7 Facts About Rabindranath Tagore You Didn’t Know 6 Must Try India’s Top Coffee Varieties