Package for knitwear industry |
India`s Textiles Minister Smriti Irani had recently visited Tirupur in Tamil Nadu and was keen to ensure setting up of similar knitwear clusters in other parts of India. The government will soon announce a special package for the knitwear industry. Incidentally, the employment-intensive and export-oriented knitwear industry is among the sectors hurt by demonetisation and rupee appreciation. In a bid to encourage entrepreneurship in the sector, she sought promote across the country the catchphrase “yesterday`s labour in Tirupur is today`s owner”. For attracting greater investments and technological tie-ups across various segments in the textiles value chain, the government will be organising a mega exhibition `Textiles India 2017` and an international conference from June 30-July 2 in Gujarat. Over 2500 international buyers from over 20 countries and more than 15,000 domestic buyers are expected to take part in it. The event will also witness signing of MoUs with countries, states, associations and institutions, as well as meetings between businesses and governments.
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