Government is pushing small size textile firms to become mid-size: Smriti Irani

New Delhi, Oct 1 (KNN) Textiles Minister Smriti Irani urged the big players of textile industry to go for innovation and come forward in taking new initiatives.

She said as 80 per cent of the companies in the textiles industry are in the MSME sector, the government is pushing for small size firms to become mid-size. "Big players are many".

"There is a need for innovation. The case of technical textiles is one such example," she said while speaking at an interaction organized by Indian Chamber of Commerce.

Irani said that the industry should work closely with the government so that the policies framed by the government could be implemented effectively.

She stated that the trade war between the US and China has opened up an opportunity for India.

Irani said that there were dramatic challenges like development of infrastructure and making the workforce productive.

India should go for more diversified products like Bangladesh in jute sector, she said.

Irani warned the jute industry that if the workers and farmers did not get money which the government gives for buying jute bags then the concerned company would stop getting orders.

Technical textiles find its applications in automobiles, interior decoration, healthcare, industrial safety among others.