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PROFILE  
 
 
 
Our Mission is to attain US$ 350 billion textile output and create 35 million jobs by 2024-2025, as against current US$ 150 billion textile output

                         

Textiles - Apparel - Fashion - Synthetic Fibres & Filament Yarns - Textile Machinery & Technologies - Accessories & Components - Dyestuffs & Chemicals

Transforming India’s Textile and Apparel Industry to Attain $350 Billion Output by 2025

Textile India Progress is a journal, dedicated to the overall textile industry, including standalone spinning mills, integrated textile mills, powerloom and handloom sectors. The monthly journal’s objective is to espouse the cause of the Indian Textile and Apparel Industry. The journal is in regular dialogue with textile leaders and Government of India, with a view to fructifying the National Textile Vision document and National Textile Policy, which has set the target for Indian Textile and Apparel Industry to grow from currently $110 billion to $350 billion by 2025 (domestic $200 billion and export $150 billion).


With this ambitious target, textile industry can alter the job scenario and manufacturing landscape thereby fulfilling Prime Minister’s Vision to put textile segment as part of “Make in India” program. It is possible to attain this ambitious target, but difficult to implement many of the innovative ideas. These innovative ideas can be successfully implemented with the co-operation of Industry and Government of India. Traditional millowners need to change their mind set of running only spinning units and they must put up processing plants, going for forward integration.


India is exporting cotton yarn, spun yarn and polyester filament yarn together accounting for $7 billion and if India exports processed fabrics, the value addition will be $35 billion, which is five times the value of yarn exports. If India exports garments, the value addition will be $70 billion, which is ten times the value of yarn exports.


Textile India Progress objective is to work with the Government of India and Textile Corporate Leaders, with a view to contribute its innovative ideas, with the objective of exporting from India value added products, like processed fabrics and garments. The journal believes that if its suggestions are accepted we can attain $350 billion textile and apparel output by 2025, from current $110 billion textile and apparel output. The journal also is hopeful of increasing India’s textile exports, if we focus on exporting value added products, rather than cotton yarn, spun yarn and polyester filament yarn.


Mr Raju Chandran, Managing Editor, Textile India Progress has submitted a Pre-Budget Memorandum dated 11 November, 2014 to Prime Minister of India. Prior to this, Mr Santosh Kumar Gangwar, Minister of Textiles, Government of India invited Mr Raju Chandran on 12 September, 2014. Later on, at the Confederation of Indian Textile Industry (CITI’s) Asian Textile Conference on 22 September, 2014, about 500 businessmen interacted, with Senior Officers of Government of India, in which Mr Raju Chandran was also invited to participate. Textile India Progress is confident that under the leadership of His Excellency, Mr Narendra Modi, Prime Minister of India, it is possible to attain Government of India’s ambitious target of $350 billion textile and apparel output by 2025 and Textile India Progress has offered its support to Government of India and India’s Corporate Textile Leaders.

 
 
     
 
LETTER FROM PUBLISHER  
 
 
  April 2018    
 
 
 
Mr Sanjay Kumar Jain, Chairman, Confederation of Indian Textile Industry, spoke to Mr Raju Chandran, Managing Editor of Textile India Progress, on what needs to be done by Government of India, for rapid growth of Indian Textile Industry. Mr Jain said that “Government needs to remove anti dumping duty on viscose staple fibre and increase BCD to 20% on MMF yarn and all types of fabrics. He also urged Government of India, to create an enabling environment for growth of Indian Textile Industry”. The 9th Asian Textile Conference Atexcon, the flagship event of Confederation of Indian Textile Industry, was held in Mumbai on Wednesday, 14 March, 2018. Mrs (Dr) Kavita Gupta, Honourable Textile Commissioner who was the Chief Guest at the event spoke about the various policy initiatives, taken by Government of India, Ministry of Textiles, for the welfare of the textile industry. The event, commenced with a welcome address by Mr Sanjay Kumar Jain, Chairman, CITI and a special address by Mr Sanjay Jayavarthanavelu, Chairman and Managing Director, Lakshmi Machine Works Ltd. At the Inaugural Session of the 9th Atexcon, a Knowledge Paper was also released. The event brought together 300 players of the Asian Textile Industry, global input suppliers and service providers to deliberate upon key areas of business, including regional as well as global issues concerning the textile sector. Mr Raju Chandran, Managing Editor, Textile India Progress and his team attended the Conference.
 
Welspun India Ltd has entered the next growth trajectory. Speaking about the performance for Q3FY18, Mr B.K. Goenka, Chairman, Welspun Group said “We have been taking steps to be prepared for the future – in terms of our brands, channels, innovations, traceability, solutions, sustainability initiatives and so many other areas. We believe we have built a solid foundation and are ready to enter the next growth trajectory”.
 
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The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) held its Annual Export Award Function in Mumbai on Saturday 27 January 2018. Smt Smriti Zubin Irani, Honourable Union Minister of Textiles, Information and Broadcasting gave away the awards to exporters, recognizing their outstanding export performance for the year 2016-2017. Some of the companies, who received the Awards included: Reliance Industries Ltd, Grasim Industries Ltd, RSWM Ltd, and Wellknown Polyesters Ltd.