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Textile industry needs to introspect and look into new areas to expand

Related Keywords: Bangladesh garment industry, Chinese textile industry slowing down, CITI chairman, Diversion of garment orders to India begins, enhance yarn consuming capacities, Indian textile industry need to scale up, make TUF effective, Natural Fibre conclave, Pakistan growth constrained, prem malik, reach saturation point, upgrade fabric industry

Diversion of garment orders to India has already begun with the textiles industry in China slowing down and Pakistan’s growth - constrained by power and other problems and the garment industry’s growth in Bangladesh – is expected to reach a saturation point sooner than later. There is therefore a need to scale up and upgrade our fabrics industry said Prem Malik, Chairman, Confederation of Indian Textile Industry at the inauguration of the Natural Fibre Conclave held at Chinniampalayam in Coimbatore on Wednesday.

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