29 May 2018
Federation of Indian Chambers of Commerce and Industry (FICCI) hosted an Industry Meet of ‘Technotex 2018’ at The Radisson Hotel, here. Technotex 2018 is the 7thedition of International Exhibition and conference on Technical Textiles to be held at Bombay Exhibition Centre, Mumbai on June 28-29, 2018.
The keynote speakers at the meet spoke about the‘Challenges& Opportunities in Indian Technical Textile Industry’ on the occasion.The meet, which saw a gathering of around 80participants associated with the textile industry from and around Punjab, was a riveting discussion about the current state of the textile industry and what steps need to be taken to ensure continuousgrowth in the sector.
Focusing on creating awareness about the technical textile sector, Dr. Kavita Gupta, Textile Commissioner, Ministry of Textile, Government of India, said, “Technical textile is a sunrise sector in India. Unfortunately, growth in technical textiles is not as encouraging as expected. Government is providing benefits for textile sector but most industries are unaware of it. Garment industry has more subsidy than other industries. We will provide the same benefits to Protective textile which will include total 25% of Subsidy, 12% EPF, Income tax benefit, Import duty waver and some more benefits enjoyed by Garment industry.”
Mukul Verma, Secretary, Sports goods manufactures & exporters Association, demanded park for Sports Good Industry in Jalandhar. He said, “We need a well-connected place for Sports Good Industry which needs to have proper roads, electricity and sewerage done. Also, power subsidy is equally required.” Talking about present Industry, he said, “Government should relax norms for the industry so they can expand their areas. India has very less Technical textile which has low validity. Government should make such a system that we don’t need to export items from outside India. Our government need to pay attention to Import duty as well. Indian Industry has to pay 10% Import duty to send items outside country whereas Pakistan & Bangladesh has 0% Import duty.”
Taking into consideration the demands raised by various industries in this meet, Bhupinder Pal Singh, ADC, Jalandhar, said, “We are happy to hear various problems and demands of Textile Sector. Land is required for setting up of Textile Park and State Government is ready to provide land for this purpose. We have 25 acres of land and that can be provided for this park. As we get the proposal from Industry, the process will be done quickly.”
Manoj Mehta, Joint Director, FICCI briefed the audience about the event. He informed, around 180 exhibitors are expected at the event, which would see more than 8000 visitors. China, Taiwan (ROC) and South Korea would comprise of international pavilion. Other countries participating include USA, Japan, Switzerland, Luxembourg, UK, Italy, Belgium, Russia, Spain, France and Germany. Participating Indian states include, Gujarat, Karnataka, Maharashtra, Jharkhand, Chhattisgarh, Telangana, Andhra Pradesh, Rajasthan, Tamil Nadu, Bihar, Odisha and NER states.