The Indian textiles industry is estimated to grow to $350 billion by 2030, generating 4.5-6 crore jobs, the government said on Friday.
Setting a target of 50,000 metric tonne silk production and employment generation of 1 crore by 2030, Union Textiles Minister Giriraj Singh said cultivation of silk is linked to employment generation of farmers.
The minister further said that the Eri Sericulture Promotional Project launched in Gujarat will be expanded across the country benefitting castor farmers.
He informed that under PM MITRA (Pradhan Mantri Mega Integrated Textile Region and Apparel) Park, a total of Rs 70,000 crore investment is expected, resulting in the creation of 21 lakh jobs.
“Bharat Tex is a huge platform that will help India attract foreign investment in the textile sector and will help India achieve 4S – style, scale, skill and sustainability,” the minister added.
As part of the government's transformative vision for the textiles sector, the ministry has taken several initiatives during the first 100 days, covering all segments of textile sector (infrastructure, technical textiles, research and development, startups, empowering artisans/weavers, strengthening natural fibre sectors like silk and jute).
The minister further said that there is huge potential for technical textile in the country as it is used in all sectors and set an export target of $10 billion by 2030.
The global trade of technical textiles is around $300 billion while India’s domestic market size stands at $25 billion with an export of $2.6 billion.
Highlighting handloom and handicraft, Minister Singh said that 1 crore artisans are connected and there are efforts to organize craft village initiatives in tourist places in the country.
The ministry has approved 11 startup proposals under the component for Grant for Research and Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT) initiative under National Technical Textiles Mission. Support up to Rs 50 lakh per startup is provided under the scheme.
Tripura Govt contemplating to boost tourism: Minister Sushanta Chowdhury
The state transport and tourism minister Sushanta Chowdhury on Thursday said that the government is contemplating to make tourism as an alternate means of livelihood in the state. Adequate fund has been allocated for further developing the tourism sector, he added.
Imports from B’desh to Tripura increase, exports largely decline: Minister
Imports from Bangladesh into Tripura increased but exports from the northeastern state of India to the neighbouring country substantially declined, state Industries and Commerce Minister Santana Chakma told the Assembly on Thursday.
67 percent households in AMC areas connected with drinking water supply: CM Dr Manik Saha
Chief Minister Dr Manik Saha on Thursday claimed that at least 67% households were connected with drinking water supply in the areas of Agartala Municipal Corporation.
Boy drowns in Muhuri River during Baruni bathing ritual
In a tragic incident, Sayan Pal (18), a 12th-standard student from Arya Colony, Belonia, drowned in the Muhuri River while participating in the holy Baruni bathing ritual on Wednesday afternoon.
Innovative projects launched to supply drinking water from Dumbur: CM
Chief Minister Prof. Dr. Manik Saha today said that several innovative projects have been set up based on the reserved water of the Dumbur water reservoir, making it possible to provide drinking water connections to many families through pipelines.
Govt undertaken measures to increase Howrah river’s navigability: Tripura CM
Chief Minister Prof. Dr. Manik Saha today said that the state government has undertaken a series of measures to permanently address flooding in Agartala city by increasing the navigability of the Howrah River.
Tripura Assembly witnesses spat over minister's 'racist' remark against LoP
The Tripura Assembly witnessed a noisy scene for the fourth day on Thursday over Parliamentary Affairs Minister Ratan Lal Nath's alleged racist remarks against Leader of the Opposition (LoP) Jitendra Chaudhury.
Centre Releases Rs 240.5 Crore to Tripura for Urban Planning Reforms
Chief Minister Prof. Dr. Manik Saha today announced that the Ministry of Finance has released Rs 240.5 crores to Tripura for achieving urban planning reforms.