PM Modi to Address ‘Bharat Tex 2025’
In a significant move to boost the textiles sector, Prime Minister Narendra Modi is set to address the ‘Bharat Tex 2025’ global conference in New Delhi on Sunday. The three-day event, scheduled to take place from February 14-16, aims to bring together the entire textile value chain, ranging from raw materials to finished products, including accessories, under one roof.
The ‘Bharat Tex 2025’ conference is being touted as a “mega global event” by the Prime Minister’s Office (PMO), which highlights the importance of the textiles sector in the Indian economy. The sector is a significant contributor to the country’s GDP, employing millions of people and generating substantial foreign exchange earnings.
The conference, which is expected to attract industry leaders, policymakers, and experts from around the world, will focus on the latest trends, technologies, and innovations in the textiles sector. It will also provide a platform for stakeholders to discuss challenges, opportunities, and best practices in the industry.
The ‘Bharat Tex 2025’ conference is being organized by the Confederation of Indian Textile Industry (CITI) in collaboration with the Ministry of Textiles, Government of India. The event is expected to be a significant gathering of textile industry leaders, entrepreneurs, and policymakers, who will come together to discuss the future of the sector.
In recent years, the Indian textiles sector has been facing challenges such as competition from cheap imports, lack of infrastructure, and inadequate skilled manpower. However, the government has been taking steps to address these challenges and boost the sector’s growth.
In his address, Prime Minister Modi is likely to highlight the government’s initiatives to promote the textiles sector, including the National Textile Policy 2019-2024, which aims to increase the sector’s contribution to the country’s GDP to 12% by 2024-2025.
The Prime Minister is also expected to emphasize the importance of technology and innovation in the textiles sector, which is critical for the industry’s growth and competitiveness. He may also announce new initiatives and schemes to support the sector’s growth and development.
The ‘Bharat Tex 2025’ conference is expected to cover a wide range of topics, including sustainable textiles, textile machinery, yarn and fabric manufacturing, knitting and weaving, dyeing and finishing, and accessories and packaging. It will also feature exhibitions, conferences, and seminars, which will provide a platform for stakeholders to showcase their products, services, and expertise.
The event is expected to attract over 10,000 delegates from around the world, including industry leaders, policymakers, and experts. It will also provide a platform for networking and business-to-business meetings, which will help to foster partnerships and collaborations in the industry.
In conclusion, the ‘Bharat Tex 2025’ conference is a significant event that is expected to have a positive impact on the textiles sector in India. The address by Prime Minister Modi will provide a boost to the sector’s growth and development, and the conference will provide a platform for stakeholders to discuss the latest trends and innovations in the industry.
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