Piyush Goyal, Minister of Textiles, India has urged the textile industry to not remain dependent on textile machinery imports.
While interacting with the textile machinery manufacturers in a video conference recently on the topic ‘Technology Gap and Way Forward for Textiles Machinery Manufactures’, Goyal also asked the industry to get out of command-and-control mindset and work through plug and play to make the textile sector vibrant in name and sprit.
The interaction was aimed at devising possible strategy to develop a facilitating Ecosystem for growth of the Textiles Engineering Industry (TEI) in India under ‘Make in India’ in order to compete globally in all industry segments on strength of technology and scale, initiatives towards Atmanirbhar Bharat, meet 75 per cent of domestic demand by 2026-27 and cost reduction for the textile manufacturers and enhancement of value exports.
Piyush Goyal also called for developing 100 Indian textile machinery champions recognised across the world.
“India should be looking to become a global player in producing textiles machinery, producing at scale, producing with quality and quantity the machinery of choice that the world requires,” commented Piyush, adding, “We are not averse to imports but we must reduce the import dependency of the textile machinery in India by concerted effort between Textile Engineering Industry and Government together.”
He further addressed the industry and said that the machinery manufacturing facilities would change the inertia of the status quo, augment the dynamics along value chain and enhance the domestic consumption and further boost the exports of higher value goods while gradually reducing the import dependency.
“For this, it is important to synergise efforts of arms of Government between Textiles, Ministry of Heavy Industries, Digital Innovation/Adaptation possibilities in our quest of increasing efficiencies by reducing costs across manufacturing value chain,” mentioned Piyush.
It was told to attendees that the Heavy Industries Capital Goods Scheme is a pilot scheme designed to support the industry to modernise domestic technologies. And, National Capital Goods Policy is a manufacturing sector policy devised by the Government of India aimed at increasing the production of capital goods from the 2014-15 value of approximately US $ 31 billion to US $ 101 billion by 2025.
Talking about Production Linked Incentive (PLI) scheme which talks of global champions and PM MITRA scheme which is trying to bring textile clusters, Goyal said that seven locations will be identified soon to encourage the industry and prepare a common infrastructure for plug and play.
He also urged the manufacturers to come and join PM MITRA scheme and set up manufacturing units by reaping its advantages.
It’s worth noting here that Darshna Jardosh, Minister of State for Textiles; UP Singh, Secretary, Ministry of Textiles; Vijay K. Singh, Addl. Secretary; Textile Commissioner; Chairman/President of the Textiles Machinery Manufacturers Associations; and CMDs/ MDs/ India heads of the leading indigenous and foreign Textiles Machine Manufacturers participated in the conference.
Fifteen textile machines manufactures of foreign regions, 20 leading indigenous textile manufacturers and 7 textile machinery and associated industry associations also participated and submitted their view points.
