India wants to be preferred textiles partner at Expo 2020

India wants to be preferred textiles partner at Expo 2020

India will pitch for becoming the preferred sourcing partner for the global textile industry during the textile week at the India Pavilion in Expo 2020, Dubai, starting on Friday. Minister of State for Textile & Railways, Darshana V Jardosh will inaugurate the ‘Textile Week’ virtually, and is slated to invite the global investors to invest in the Indian textile value chain and make it a preferred sourcing partner. Talking about the upcoming textile week (November 26 to December 2), she said: “Indian textile is world-renowned as it not only represents country’s glittering past but also matches up to the demands of the modern times. India is the world’s second-largest exporter of textile and clothing and focuses on both quality and scale of production to become the global manufacturing hub and represents immense opportunities for global investors and buyers.” The ‘Textile Week’ at India Pavilion will see many activities including roundtable discussions on India as a sourcing and investment destination for textiles along with the production linked incentive (PLI) scheme. India is recognised as one of the best sourcing destinations for garments, textiles and accessories. Textile share in India’s GDP is estimated at around 2.3% and is the largest employer, employing