Cotton key to $350 bn textile goal by 2030: Giriraj Singh

Insights

  • India’s Minister of Textiles emphasised boosting cotton productivity to help achieve the $350 billion textile industry target by 2030, highlighting innovation, data mapping, and collaboration.
  • At the TAG meeting, officials and industry leaders called for sustainability, advanced technology, and a unified effort to strengthen the textile value chain and support Vision 2030.

Cotton productivity will play a vital role in helping the Indian textile industry achieve its $350 billion target by 2030, said India’s Minister of Textiles Giriraj Singh, while chairing the Textile Advisory Group (TAG) meeting on cotton and man-made fibres (MMF), which reviewed the progress of key initiatives aimed at strengthening the entire textile value chain.

Singh highlighted the mission for cotton productivity, and underscored the critical need to enhance cotton productivity and quality to match the 5F vision of Prime Minister. He emphasised that innovation and collaboration will be centric to boosting farm productivity and ensuring benefits are received at all levels of the value chain. Singh also suggested that data mapping will ensure a more targeted and data-driven approach to policy interventions. Further, he also called upon all stakeholders to conduct a comprehensive gap analysis across the demand-supply spectrum of the industry, the Ministry of Textiles said in a press release.

At the event, Minister of State for Textiles, Pabitra Margherita appealed to all industry stakeholders to work together to achieve Vision 2030 in a cohesive manner, enhance value returns to farmers by adopting sustainability in farming and augment supply of good quality cotton to the industry by adopting best of technology and processing practices.

Neelam Shami Rao, secretary, textiles, emphasised that all stakeholders should work together to strengthen the entire textile value chain and urged industry leaders for a concerted effort to develop a comprehensive roadmap, including integration across the value chain and adoption of advanced technologies.

Industry leaders welcomed the Textiles Minister’s vision, appreciating the government’s proactive approach in fostering technology adoption, promoting sustainable fibres, and strengthening farmer-industry partnerships.

Source: https://www.fibre2fashion.com/