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