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

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.

News Nation Bureau | Edited By : Bindiya Bhatt | Updated on: 30 Jun 2017, 04:33:53 PM
PM Narendra Modi (Pic: ANI)

New Delhi:

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

ALSO READ | Modi Gujarat visit: PM inaugurates textile summit in Gandhinagar

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First Published : 30 Jun 2017, 04:12:00 PM

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PM Modi Narendra Modi Textile