The textile sector in the country aims to generate over 1 crore jobs, this will be possible since the sector is likely to experience a fresh boost under the new and ongoing initiatives of the government, Smriti Irani, Union Minister for Textiles announced recently.

Also the ministry is in process of formulating a package for the knitwear sector in the country as there have been reports of financial stress in the sector due to outdated technology and lack of automation making it difficult for the Indian industry to compete in the international market.

The Minister during a press conference on the completion of the three years of the government highlighted the achievements of her ministry. She informed that the textile ministry has successfully sanctioned over 19 new textile parks. This includes the setting up of garments industry in the North-Easters region of the country.

She further informed that there have been investments of more than 6,400 crores in her sector which has helped generate over 50,000 fresh jobs. So far over 45 million people find employment in the textile sector.

Commenting upon policy formation, the Minister said that under the ‘Mygov.in’ initiative of the Government, the policies are now made taking in consideration valuable inputs from different stakeholders through the e-portal.

Irani further spoke of the Integrated Skill Development Scheme (ISDS) of the government that aims to skill the workforce in the sector. In the last three years, 7.75 lakh individuals have been trained in partnership with government and industry.

She also spoke of the Textile India Summit scheduled for next month that aims to connect the Indian textile industry with the international businesses and other stakeholders. The summit will take place in Gandhinagar and Prime Minister Narendra Modi will inaugurate the event.