November 07
 
 
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Technology Mission on technical textiles

The Prime Minister, Dr. Manmohan Singh, has called upon the Textile Industry to look far into the future and invest for the coming two decades and not for the next season.

He emphasised that the textile sector must graduate from being low cost, low value supplier to high volume, high value supplier. Side by side, it must also develop internationally known brands and labels with global footprint and global ambitions. The Prime Minister said this while addressing the concluding session of the two-day Tex Summit.

Dr. Manmohan Singh assured that the Government would pay the closest attention to the recommendations of the four working groups to devise appropriate strategies to further promote the growth and competitiveness of the textile sector. He said that he would direct the Ministries of Finance, Commerce and Textiles as well as the National Manufacturing Competitiveness Council to sit together and find out a durable, productive and pragmatic solution to the problems of the textile industry.

Recognizing the strategic role of textile sector in industrial economy, the Prime Minister said that this sector could act as a vehicle for nationwide industrial modernisation and revitalisation of traditional skills and designs.

 

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