India is pioneering sustainable textiles contributing to lesser carbon footprint and promoting circular economy, said Union minister Piyush Goyal. He was addressing audiences at the inaugural function of the 69th India International Garment Fair (IIGF) at Greater Noida, Uttar Pradesh.
The minister emphasised that the Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) Parks are being developed across seven states of the country with the goal of significantly promoting India's textile sector. According to Goyal, PM MITRA Parks would reduce logistic costs due to the cluster-based approach to manufacturing and development of quality products with suitable testing facilities. He also stated that the locational advantages of the PM MITRA Parks will assist the units in these parks in meeting both domestic and export demand, according to a press release from the Ministry of Textiles.
Goyal urged the business to prioritise quality and test their products to ensure they met quality standards. The minister also encouraged young people to innovate and develop new technologies in order to facilitate the creation of higher-quality goods. He stated that the IIGF should prioritise quality and professionalism in the textile industry.
According to Goyal, India is actively considering Comprehensive Economic Partnership Agreements (CEPAs) and Free Trade Agreements (FTAs) with a variety of countries. He stated that the agreements aim to increase market size and enable exporters in India's expanding textile sector. According to the minister, by signing these agreements, India hopes to penetrate new markets, increase exports, and generate prospects for growth in the textile industry.