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Related Keywords: attract foreign investment, boost domestic players, develop skills, focus on creating jobs, geo-textile fabrics, growth of natural fibre sector, Indian textile industry, Make in India, modernisation, on the final day of Textiles India, Prime Minister Narendra Modi, roped in to hard sell India, Seven union ministers

Seven union ministers were roped in to hard sell India on the final day of “Textiles India-2017” event, by Prime Minister Narendra Modi to attract foreign investment in the Indian textile industry and to boost domestic players urging them to focus on creating jobs.

Union Ministers M. Venkaiah Naidu, Nitin Gadkari, Ananth Kumar, Nirmala Sitharaman, Radhamohan Singh, Mahesh Sharma and Rajiv Pratap Rudy took part in different sessions at Mahatma Mandir and urged the players to help and support Prime Minister Narendra Modi’s Avision of “Make In India”.

Related Keywords: benzene, consists of dual feed cracker unit, ethylene, inaugurated the thirty thousand crore, largest petrochemical plant in India, located at Dahej Special Economic Zone, ONGC Petro additions Limited, OPaL, polymers, Prime Minister Narendra Modi, robust growth, single largest petrochemical complex, spread over five hundred and eight hectares

Prime Minister Narendra Modi inaugurated the Rs30,000 crore ONGC Petro additions Limited (OPaL)'s largest petrochemical plant in India located at Dahej Special Economic Zone (SEZ), Gujarat. Spread over 508 hectares OPAL is the single-largest petrochemical complex in India.

Related Keywords: big platform for industry players, business-to-business meetings, Gvernment organizing three day Textile India Conclave and Exhibition, inauguarate global textile industry event, Prime Minister Narendra Modi, Rashmi Verma, scheduled in Gujarat, showcase their products, textile secretary

The government is organizing a three day Textile India Conclave and Exhibition in Gujarat which will be a big platform for industry players to showcase their products, said textile secretary, government of India, Rashmi Verma during a regional conference on textiles in Ahmedabad on Monday. Prime Minister Narendra Modi will be inauguarating the three-day global textile industry event.

Big players of the textile industry, who source from India, chief operating officers (CEOs) and industry leaders are expected to participate in the global textile industry event.

Related Keywords: Connecting India to the World, eighth edition began, most preferred initiatives, number of MoUs signed with every consecutive summit, Prime Minister Narendra Modi, seen an exponential rise in investments, theme of Vibrant Gujarat, Vibrant Gujarat Global Summit

Prime Minister Narendra Modi's most preferred initiatives during his tenure as the Chief Minister of Gujarat, the Vibrant Gujarat Global Summit began its 8th edition from 10 Jan 2017, at Mahatma Mandir, Gandhinagar. The theme of Vibrant Gujarat 2017 is “Connecting India to the World.”

The state of Gujarat is known for its drastic economic rise over the past decade, having garnered investments from across the world in many diverse industries ranging from IT to renewable energy.

Related Keywords: economically and diplomatically, four-nation tour of Africa, lends credit line to Kenya, other smaller industries, part of a policy push to make India more global player, Prime Minister Narendra Modi, revive The Rift Valley Textile Industry, Rivatex, via Export Import Bank of India

Prime Minister Narendra Modi who is on a four-nation tour of Africa that is part of a policy push to make India a more global player, economically and diplomatically on Monday extended a $45 million credit line to Kenya via India’s Export Import Bank (Exim Bank) to revive The Rift Valley Textile Industry (Rivatex) and other smaller industries.

Modi during a news conference with Kenyan President Uhuru Kenyatta said that India is Kenya's largest trading partner and the second largest investor here. There is a potential to achieve much more.

Related Keywords: after twelve economies signed TPP deal, alternative trade bloc, backed on export focus, China, improve access to Asian markets, India stepping efforts, Make in India, Prime Minister Narendra Modi, RCEP agreement, reach deal centered on China, World Trade Organization

Now, after 12 advanced economies accounting for 40 percent of the global economy signed a TPP deal, India's trade negotiators feel they need to get a move on. India is stepping up efforts to reach agreement with an alternative trade bloc centered on China and hopes to reach a deal this year.

New Delhi has long been seen by many countries as an intransigent player at the World Trade Organization (WTO), a multilateral forum that has struggled to find the consensus it needs to move forward.

Related Keywords: immediate steps, Prime Minister Narendra Modi, remain competitive in global market, scrap hank yarn obligation, separate representative, speedy disbursal of subsidies, textile units, under TUFS

Around 300 textile units in the region have made separate representations to Prime Minister Narendra Modi listing out the immediate steps required from the government to support them remain competitive, as they are currently facing stiff competition in the global market.

Textile entrepreneurs wanted the intervention of the Union Government to ensure speedy disbursal of subsidies under the Technology Upgradation Fund (TUFS).

Related Keywords: Act East policy, Cambodia, facilitate investment, Laos and Vietnam, Look East policy, manufacturing hub, Myanmar, Prime Minister Narendra Modi, project development company, special purpose vehicles, strengthen economic and strategic relations

India’s “Act East” policy is Indian Prime Minister Narendra Modi’s revamp of the decades old “Look East” policy, which aimed to strengthen economic and strategic relations in the region. It looks to counter China’s strategic and aggressive economic investments, much like the US’ “Pivot to Asia” policy.

To put forth this idea to ground reality, the Indian government is setting up a project development company to facilitate investment in Cambodia’s private sector by Indian firms

Related Keywords: entire textile sector, garment and fibre, MGNREGA, Prime Minister Narendra Modi, rural job scheme, Santosh Gangwar, sericulture, Textile Minister

Textile Minister Santosh Gangwar had written to Prime Minister Narendra Modi soon after taking charge requesting him to link the entire textile sector, including garments and fibre, to MGNREGA, rural job scheme.

But, the Prime Minister’s Office has ruled out including the entire textile sector under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA). The scheme will link only specific sectors within the textile industry such as handicraft and handloom.

Related Keywords: Chairman Tadashi Yanai, FDI, India investment plan, International bilateral trip, Japan, multi-billion dollar, Prime Minister Narendra Modi, retailer's investment plan, single-brand retail stores, Textile Ministry, Uniqlo

Prime Minister Narendra Modi during his international bilateral trip to Japan starting Saturday is expected to meet Uniqlo Chairman Tadashi Yanai to carry forward their discussion on the retailer's multi-billion dollar India investment plan. The prime minister's office has been in touch with the textiles ministry for details about the company's India plans.