PM Modi in Gujarat: 'Domestic market for apparel and lifestyle products expected to reach $160 bn by 2025'

Prime Minister Narendra Modi, who commenced second day of his Gujarat visit on Friday, inaugurated India's first-ever mega trade event for the textiles sector, showcasing the nation as a global sourcing hub and investment destination for manufacturers world-wide.

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Bindiya Bhatt
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PM Modi in Gujarat: 'Domestic market for apparel and lifestyle products expected to reach $160 bn by 2025'

PM Narendra Modi (Pic: ANI)

Prime Minister Narendra Modi, who commenced second day of his Gujarat visit on Friday, inaugurated India's first-ever mega trade event for the textiles sector, the International Textile Summit in Gandhinagar, showcasing the nation as a global sourcing hub and investment destination for manufacturers world-wide. 

Here are the highlights of his speech:

#Domestic market for apparel & lifestyle products currently estimated at US $85 billion is expected to reach US $160 billion by 2025

#Based on Make In India program, textile industry is being infused with mantras of 'skill, scale, speed' & 'zero-defect ,zero-effect'

#Over 100 countries from around the world have come to participate in Textiles India 2017

#Our government is emphasising the growth of textile sector

#We have one the most liberal policies in textiles and apparels sector

#India is today described as the bright spot in global economy

#Textiles India 2017 showcases India's capability on world stage

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