Textile sector contributes 7% to GDP, employs 45 Mn people: MoS Textiles

ENA Sectors 2022-12-22 07:11:21 New Delhi, Dec 22 (KNN) The central government on Wednesday said that direct employment in Indias textiles sector is estimated at 45 million. In a written reply to a question in Lok Sabha, Union MoS for Textiles, Darshana Jardosh shared that, as per figures from National Accounts Statistics, the contribution of textile industry in GDP in terms of percentage share of industrial output was around 7% during the last three years. <a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a> She highlighted the various schemes implemented by the government to increase employment, investment and expansion of textile industry including modernization of weaving and processing viz. To increase the share of Indian textile products globally, the Government has approved Production Linked Incentive (PLI) Scheme for Textiles and PradhanMantri Mega Integrated Textile Region and Apparel Parks (PM-MITRA) Scheme for setting up 7 Mega Textiles Parks over a period of 3 years, said the MoS. The PLI scheme for textiles will promote production of high value Man Made Fibre (MMF), Garments &Apparel and Technical Textiles in the country. The PM-MITRA scheme aims to develop integrated large scale and modern industrial infrastructure facility for entire value-chain of the textile industry and will enhance the production and competitiveness of the textiles industry. (KNN Bureau) 31648 https://knnindia.co.in/news/newsdetails/sectors/textile-sector-contributes-7-to-gdp-employs-45-mn-people-mos-textiles 2022-12-22 07:11:21 knnindia.co.in Textile sector contributes 7% to GDP, employs 45 Mn people: MoS Textiles