Prime Minister Narendra Modi will inaugurate Textiles India -- a mega event showcasing the country as a global sourcing hub -- here on June 30, where several Union Ministers and key policymakers will deliberate upon issues and challenges faced by the sector.
The three-day conference will be attended by Union Ministers including Finance Minister Arun Jaitley, Textiles Minister Smriti Irani, Road Transport and Highways Minister Nitin Gadkari and Commerce Minister Nirmala Sitharaman, among others.
It will provide a platform to connect and collaborate with global manufacturers, investors and buyers in the textiles sector, and is expected to draw participation from around 25 countries.
"The Prime Minister shall inaugurate this world-class event. The valedictory session will be chaired by the Finance Minister. Senior Ministers like Venkaiah Naidu, Nitin Gadkari, Nirmala Sitharaman, Rajiv Pratap Rudy, Anant Kumar, J P Nadda, NITI Aayog CEO Amitabh Kant and many other dignitaries have confirmed their participation," Irani told reporters.
She was speaking at a curtain raiser conference for the Textiles India in New Delhi late yesterday evening.
"We have partner states in Assam, Andhra Pradesh and Jharkhand. Maharashtra Chief Minister Devendra Fadnavis and Goa Chief Minister Manohar Parrikar have also confirmed their participation," Irani said.
"There is a recognition that the textile industry is potentially one of the largest in the country with a huge employability potential and that is the potential of India that we seek to leverage at the Textiles India 2017," she added.
The conference will be based on themes like: India as a global sourcing hub and an investment destination; exploring growth potential of technical textiles; and carving a niche market globally for handcrafted goods.
It will also explore productivity and product diversification challenges for natural fibres; skilling requirements in high value chain in the textiles sector and the potential for growth of man-made fibre in India.
Around 2,500 international buyers and over 1,000 international and domestic exhibitors are expected to take part in the event.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)