The government is organizing a three day Textile India Conclave and Exhibition in Gujarat which will be a big platform for industry players to showcase their products, said textile secretary, government of India, Rashmi Verma during a regional conference on textiles in Ahmedabad on Monday. Prime Minister Narendra Modi will be inauguarating the three-day global textile industry event.
Big players of the textile industry, who source from India, chief operating officers (CEOs) and industry leaders are expected to participate in the global textile industry event.
There will also be business-to-business (B2B) meetings to interact with textile and apparel industry representatives about the Rs 6,000 crore special package announced for the sector.
Even six months after the package was announced, it has found few takers as too few applications for benefits have been received.
According to senior government officials at the industry interaction, the package has not taken off as was expected.
The scheme was launched six months ago, after accommodating suggestions and demands from the industry. But it has not been translated into an increase in investment, employment generation or more exports, Verma said.
The interaction was aimed at understanding the reasons for the lukewarm response. The government is also planning to reach out to industry players by meeting associations and camps to further explain what the package constitutes. Verma further added that not everyone is aware of the scheme. Awareness needs to be raised. They have asked the state government to chip in.
Textile India Conclave and Exhibition is scheduled to be held from June 30 to July 2, 2017 at Mahatma Mandir in Gandhinagar Gujarart.
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