Today: 7 May 2025
29 November 2021
2 mins read

Indian Textile Inc rolls out the red carpet

The participants deliberated on the potential of the Indian textile sector and deepening engagement with the UAE and the world…reports Asian Lite News

Indian textile leaders have rolled out the red carpet to investors from the UAE and other parts of the world, urging them to become part of the country’s textile success story.

At a global investor summit, organised as part of the ongoing ‘Textile Week’ at the India Pavilion in Expo 2020 Dubai, government representatives and industry stakeholders highlighted Dubai’s role as a great platform for the Indian textile industry to target the Middle East and North Africa (MENA) markets and beyond.

The participants deliberated on the potential of the Indian textile sector and deepening engagement with the UAE and the world. Emphasising the strong network between India and the UAE, speakers said that the UAE is a preferred destination for India due to its strategic location, explaining how the two nations also shared strong trade and cultural ties.

India’s Additional Secretary, Textiles, Vijoy Kumar Singh, in his inaugural address, said: “Dubai offers a huge potential to the Indian textiles sector. We have a very strong textile manufacturing industry that employs a large number of people, and also have a robust exporting base. With the help of the PLI scheme, we are now trying to strengthen the sector and promote the production of high-value Man-Made Fibre (MMF) fabrics, garments, and technical textiles.”

“We are also working towards organising the textile sector with the help of the PM Mega Integrated Textile Scheme that will assist us in meeting the global levels of sustainability as well,” he added while hailing India’s new PM Mega Integrated Textile Region and Apparel Parks (PM MITRA) scheme launched with an outlay of Rs 4,445 crore ($600 Bn) to build 7 mega textile parks, aimed at creating a modern, integrated large-scale, world-class industrial infrastructure including plug ‘n’ play facilities.

In a special address, Jay Karan Singh, Trade Advisor, Ministry of Textiles, said: “The Indian textile sector focuses on creating reliability, maintaining quality, and ensuring sustainable development.”

ALSO READ: Indian “textile week” at Expo 2020 from Friday

Consul General of India in Dubai, Dr Aman Puri, in his keynote address, also highlighted strong relations of India and the UAE and the potential of taking advantage of Dubai’s strategic location for the Indian textile sector to expand globally.

“The connection between the UAE and Indian business entities has enabled trade and commerce to grow with the region. Indian businessmen in the sector must look at Dubai as a springboard for their entrepreneurial journey and global expansion in the MENA region and beyond,” he said.

Previous Story

No more ‘anonymous’ trolls in Australia

Next Story

Amazon set to open cutting-edge fulfillment centre in Abu Dhabi

Latest from -Top News

India Strikes Terror Bases in Pakistan

‘Justice is served’, says Indian Army as Operation Sindoor unfolds In a significant military response to the deadly terror attack in Pahalgam that claimed 26 civilian lives, the Indian Army on Wednesday

UAE Reopens Doors to Lebanon

The prime minister expressed Lebanon’s “utmost gratitude and appreciation to the UAE” and President Sheikh Mohamed bin Zayed Al Nahyan….reports Asian Lite News Lebanon welcomed the decision by the United Arab Emirates

SYRIA RAIDS: Arab League Slams Israel

The Arab League condemned the airstrikes and called on the international community and the United Nations to confront what it described as “repeated violations committed by Israel against the Syrian state.” The

India Rises, Africa Watches 

While struggling economies in Africa engulf themselves in ideological battles and take sides in the tariff battles, nations like India are placing their national interest first and navigating Global Trade challenges in

WAVES 2025: Jaishankar Advocates Cultural Pluralism

External Affairs Minister S. Jaishankar delivered a powerful address at the WAVES 2025 Global Media Dialogue, highlighting the significance of cultural pluralism in shaping global change. Speaking on the second day of
Go toTop

Don't Miss

Garcetti: 60% surge in US visas for Indians

Addressing a conference of the Indo-American Chamber of Commerce, Garcetti

Retiring As a Legend

The iconic number nine of Indian football made his debut