CMAI and Government for Job Generation through Textile

September 9, 2015 written by
CMAI

The 61st National Garment Fair in India ushered a desperate rise of new policy that shall aim at generating 35 million jobs in the country through foreign investment. This came as a result of a panels presentation of a draft of the new policy, which aims at addressing concerns over lack of enough skilled workforce and labour reforms in the industry. The Textile Secretary S.K. Panda revealed “The new national textiles policy aims at creating 35 million new jobs by attracting foreign investments. The policy will be announced in July after the Cabinet approval,”

Besides this productive decision the government also contemplates setting up modern apparel garment manufacturing centres in each of the seven north-east states. “We have decided to establish one modern apparel garment manufacturing centre in every north eastern state. The Centre will spend Rs.20 crores for this new programme,” the Secretary added. Moving to the overall profit of the country, the Clothing Manufacturers Association of India (CMAI) is working toward a target of  USD 18 billion this fiscal, up from USD 16.8 billion in previous year.

“We are hopeful of achieving an exports target of USD 18 billion in FY16 due to improving US economy. In view of the infrastructure issues and rising labour cost in Bangladesh and China, export growth looks brighter for us. Our garment exports increased 12.2 per cent t USD 16.8 billion in FY15,” CMAI president Rahul Mehta.

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