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Textiles 2017 mega trade event to boost Make in India

Related Keywords: aimed at significantly uplifting Indian textile industry, all over the world, contributes to manufacturing production, employs millions of people directly, export earnings, fifteen thousand participants, Gdp, India's first mega trade event, promote India as top global destination for textiles, tapping investor and manufacturer, Textiles 2017

Textiles 2017, to be India's first mega trade event in the sector with 15,000 participants from all over the world. It is aimed at significantly uplifting India's textile industry, which employs more than 45 million people directly, contributes to 10% of manufacturing production, 2% of India's GDP and 13% of the country's export earnings.

The event will be inaugurated by PM Narendra Modi in Gandhinagar on 30 June to convey the importance given to the textile industry which has tremendous job generation potential.

UP textile industry going through tough time

Related Keywords: Assocham, Gdp, Industrial Production, Textile Industry

Uttar Pradesh textile industry is going through hard time with low productivity, lack of advanced technologies, lack of foreign investments, supply chain bottlenecks, lack of economies of scale, labour issues and challenges emerging from a fragmented industry and weak brand positioning have emerged key reasons for non-operation of textile units.

The number of non-operating textile units in UP rose from 30 to 182 between 2000-01 and 2010-11.

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