# Viewpoint: State of India's Textile Exports | 03 July, 2025

https://www.youtube.com/watch?v=F9Dtcd0qI2k

[00:00] [Music]
[00:15] Well, hello and welcome to Sunset TV.
[00:17] You're watching Viewpoint with me, Frank Rousen Pereira.
[00:21] Well, the commerce secretary, Sunil Bwal, is leading a task force aimed at boosting India's textile exports.
[00:28] The task force, which had its first meeting on the 10th of June 2025, aims to increase textiles exports to $100 billion by 203031.
[00:39] This initiative involves a collaborative effort between the department of commerce, ministry of textiles, directorate general of foreign trade, export promotion councils, industry associations and exporters.
[00:52] Basically bringing all the stakeholders together.
[00:56] Now the discussions during the first meeting included strategies for increasing exports, expanding market.
[01:01] Share in key global destinations like the US, UK, EU and also tackling sectoral challenges.
[01:09] India is currently the fourth largest exporter of textiles globally.
[01:14] In this edition of viewpoint, we will analyze how to further boost our textile exports.
[01:19] Joining me on the program today are AJ Shankar, former secretary government of India, Shubra, trade adviser, ministry of textiles and she holds several other charges as well.
[01:30] We'll talk to her about exactly where we are with regards to textiles exports and also joined by Kamakshi WHMA public policy expert and AVP Primus Partners.
[01:40] Now this organization uh came up with a road map earlier this year to propel textile shipments to over $100 billion over the next 5 years.
[01:52] Thank you to my guests for joining me on this edition of viewpoint.
[01:54] U Shubraji let me start the program with you first.
[01:57] Let's first try and understand you know the state of textiles exports really the state of textiles itself as far as India is
[02:03] Concerned.
[02:05] Uh, I would say we are, as you have already mentioned, that we we already uh hold a global uh rank uh in textile exports.
[02:15] There is a uh all the time there has been a trade surplus.
[02:18] Our imports are far less than our exports, and in exports also uh we are exporting to major economies.
[02:28] It is not that uh we are uh you know we are the largest trade partner is USA, to whom we export uh goods worth 10 billion in textiles, followed by EU, UAE, Bangladesh and everywhere.
[02:43] I mean uh in fact we export to uh 168 countries, and the good part of textiles is that it is pan India.
[02:50] Uh almost 500 districts of India are making textiles and exporting in some form or the other.
[02:59] So this is how important it is, and importance also comes from the fact that this employs 45 million people.
[03:05] Directly and 50% of them are women.
[03:15] So the importance of it in terms of value, in terms of employment, in terms of the what it can add to the social structure of the country is immense.
[03:25] Absolutely.
[03:27] I mean 50% of the workforce, you know, constituting women as well as, you know, the kind of impact that it has on the social sector is huge, and that's how textiles can be boosted even further to ensure that everyone is part of this particular pie, so to speak.
[03:43] Mr. So Shankara, let me bring you into the picture now.
[03:45] You know, how do you look at textiles exports over the years?
[03:50] You know, it has been growing.
[03:53] Uh, we are in a sweet spot at the moment.
[03:57] What more needs to be done, and how do we take it forward from here?
[04:02] Uh, I would first of all agree with what has been said earlier.
[04:04] Textiles are have
[04:08] The potential of creating a lot of jobs and I think we should give it the highest priority because it creates jobs all across India and we do have a challenge of creating enough jobs especially at the lower end of the spectrum.
[04:26] So it does deserve the highest priority.
[04:28] Now within the subject of textile and what to do, my view is that we should look at increasing the share of garment exports.
[04:42] So our attempt should be to not export raw cotton, not export fabric but to export garments.
[04:53] Now that's a structural change in our export basket we should aim at achieving over the next five, seven, eight years because if you export garments or finished goods you create more jobs.
[05:04] The other change we should attempt is that in the global market our cotton
[05:10] Exports are quite visible but on man-made fiber and converting them into garments and exporting them we are a modest player.
[05:23] So we need a good interaction with our industry players to see how they could grow into becoming garment exporters of using synthetic fabric for men's suits for ladies formal dresses and things like that.
[05:39] Now that is an area where success can be achieved should be achieved and I think we need to understand where the problem lies.
[05:48] Now maybe we could need to create a dedicated textile park or an SEZ where synthetic manmade fibers could come in without difficulty and then processed and exported.
[06:05] I mean there is a brand SEZ in Andhra Pradesh where it is an SEZ but it's the only one and maybe the
[06:12] Government should come in and set up the SEZ.
[06:17] And one other suggestion I would make is that if we can create workers housing in the government exporting SEZs, then our producers will get a slight advantage in terms of competitiveness.
[06:33] Because today most of the government work is done in, say, in Nida or Bangalore.
[06:39] Now these are areas where living costs are high, rentals are high, and the garment industry globally works on very, very thin margins.
[06:47] So if you could do something about creating textile parks with workers housing, dormitory accommodation, then our industry would get the slight edge it needs in terms of costing.
[07:00] Because globally it's a very, very price sensitive market and margins are way for absolutely okay.
[07:05] Points very well, two broad ideas I would suggest at this stage.
[07:10] Wonderful, and one other thing which is important but...
[07:12] That's at the micro level.
[07:15] In fact, two things are important.
[07:17] One is that we are negotiating an FTA with the EU.
[07:21] The sooner we do it, the better it is, because then we will get zero import duty access to the European market, which, as an integrated market, is as large if not larger than the US.
[07:35] And one other dimension which in these discussions doesn't get talked about at all is the real exchange rate.
[07:44] Now India pays a very heavy price for not maintaining a real exchange rate.
[07:51] It allows the exchange rate to appreciate due to market forces, and market forces have other reasons which lead to the real exchange rate appreciation.
[08:05] So if somehow a consensus could emerge that the government and the RBI agree that we will not let the real exchange rate appreciate.
[08:12] Exchange rate appreciate it would do a lot of good to domestic manufacturing valuation and exports points taken.
[08:19] Let me take the points that you're making forward as well and you know put them across to Shubra in just a bit but let me bring in Kamaki into the picture as well who's been listening to the other two panelists patiently.
[08:28] You know Kamakshi, your organization has come up with a comprehensive road map really with regards to what needs to be done as far as trade exports are concerned so you know what are the findings, what what does your road map really suggest?
[08:44] Hi, good afternoon everyone, thank you.
[08:48] So I I'll just start by saying that you know as a land of wide gold, our readymade garments and cotton textiles are winning hearts globally and u India definitely has said before has a lot of regional strength.
[09:01] I mean we pan across our textiles are pan across the country.
[09:03] We have regional strength with surut synthetic fibers, tirapur uh knitwear cluster, telangana's hand, harasha karanji's paloom.
[09:11] Um however there are
[09:14] Particular challenges that the textile sector faces for which uh we had initially come up with a report which talks about five six major challenges and how do we really address those challenges.
[09:27] So if I have to talk about the challenges very quickly, I'll bring uh one of the major challenges that the industry faces is a higher production cost which sir just mentioned um the Indian standard allowed minute sorry India standard allowed minute uh for garmenting for instance is 5 to 6 rupees which is 3 rupees uh when we speak about Bangladesh which is our biggest competitor per se.
[09:51] So if it takes 20 minutes to make a t-shirt um in Bangladesh it will cost somewhere around 60 rupees which in India will cost around 100 rupees.
[10:00] So this really makes it um a less cost competitive uh country per se.
[10:07] Um second important uh challenge that we face is with respect to skilled man force.
[10:11] Now limited skill readiness uh of the workforce uh vizawi the global
[10:15] Scenario is a major challenge.
[10:17] Approximately around 15% of textile manufacturing has received formal training in India.
[10:26] So this other countries say Germany or Vietnam is very low.
[10:33] Third important challenge and if you see Vietnam structure which contributes almost $40 billion exports is the vertical integration of the supply chain.
[10:45] Now India has a fragmented supply chain which leads to increased cost and sector inefficiency.
[10:51] So I think this is a very important factor which I understand the government has brought up PMitra park which integrates the entire supply chain.
[10:57] There are a lot of initiatives being undertaken for this but this is again a challenge.
[11:02] So how can we address?
[11:05] I think the one very very important factor is bringing technology in place, use of IoT, use of Industry 4.0 can definitely reduce the operational wastage of the sector by 10.
[11:15] To 15%.
[11:18] Uh, which again as a cluster is doing they have used AI technology to reduce the productional inefficiency.
[11:24] So that is one.
[11:27] Uh, second, like sir just mentioned, we need to align free trade agreements, and I will say not just EU but with UK, with Canada.
[11:33] These are countries where, if we negotiate our free trade agreements quickly with US, EU, Canada, this will definitely give more market to the textile sector.
[11:44] Sure.
[11:44] Uh, third sector is, because I mentioned about the standard allowed minute which is high, is giving operational subsidy to the garmenting sector in terms of fiscal incentives.
[11:53] It can be like, for example, a lot of states like Madhya Pradesh, they're giving a reimbursement of employee contribution approximately around 6,000 per month for a period of 5 years.
[12:05] So, I mean, these are ways in which these costs can come down.
[12:07] So these are three, four things which I feel are very important for the sector to grow.
[12:11] AB, okay, points very well taken.
[12:13] Let me take the points that both panelists have made forward and bring in Shubraji into the.
[12:16] Picture as well.
[12:18] A couple of aspects Shoubra higher production cost is one of course that both the panelists have mentioned, uh, you know, and how do we address that?
[12:24] Let's also look at we are at about $37 billion at the moment.
[12:30] How do we scale up to $100 billion?
[12:34] Any initiatives, any schemes, anything that the government is working on and putting in place to ensure that this gets done?
[12:42] Uh, yes, definitely, because, uh, this target of 100 billion we had taken it, we had kind of taken it upon ourselves, uh, along with the industry, and industry very happily agreed with it, uh, is the 100 billion, and out of that, as sir has already mentioned, uh, 40 billion target is by garmenting.
[13:01] Uh, by garmenting because, first of all, it's a value-added, uh, products that's going to fetch us a higher value.
[13:08] Plus it, uh, gives us more employment opportunities for, uh, 1 crore investment of a rupee, uh, 50 to 60, uh, employ people.
[13:18] Employment gets created.
[13:20] Now it's no other industry does it for for 1 crore worth of a rupee.
[13:25] So that's actually value for money.
[13:28] So therefore our focus is also on garmenting.
[13:30] So out 100 billion are going to come uh from the 40 billion contributed by the garmenting industry.
[13:36] And in the garmenting industry presently uh the it is a majorly by the cotton because we are a cotton growing country and we have been very confident in uh cotton and we want that confidence to continue.
[13:49] So for that the cotton mission has come about.
[13:51] So we are going to be producing more and more fiber because let us understand whatever is the fiber production presently we need to double it to reach 100 billion.
[14:02] And for that the uh growth of fiber will come from cotton but limited growth because it's it's it's a produced from the soil.
[14:10] So there is a limitation of growth.
[14:13] So the maximum proh growth will come from man-made fiber.
[14:15] Now man-made fiber when we talk about it's about polyester, viscos, acrylic, nylon.
[14:20] Polyester is the biggest player in this.
[14:23] Uh yes, uh there is, we are in consultation with DCPC.
[14:27] We are in consultation with the industry.
[14:29] Uh, all of them, the polyester industry tells us that they are putting in investment and by the end of this year we will be completely independent for the polyester fiber sector.
[14:42] Now then comes the yarn, which adds the value.
[14:44] Uh, let me tell you, we are already the largest spindle, uh, spindlelets in India, largest in the world, and we, that's the most efficient sector of segment of the value chain.
[14:58] And let me also tell you why I don't like to compare with Bangladesh or anything is because I am present in the whole of value chain, India is present in the whole of value chain.
[15:06] You must have heard, uh, PM's favorite, uh, you know what the slogan when he said 5F, so we are actually in 5F rights from starting from, you know, fiber and farm and factory and foreign and everything.
[15:18] So we are there everywhere.
[15:20] My uh neighboring countries are not.
[15:23] So I am operating at a different level, taking care of my fiber producers, taking care of my yarn producers, taking care of fabric producers and the garmenting, and in between comes uh man-made madeups, home textiles, and another sunrise sector which has come and it's extremely interesting is technical textile.
[15:43] The penetration of technical textiles presently is very low.
[15:48] So the 20-25% growth is going to come from there, and that's that's what the target is also in the man-made sector, that they are going to contribute almost 21 billion when I am 100 billion, so like in 140 is by the readymade garments, 20 is by the cotton textiles, 21 is by the man-made textiles, and rest are all of them are the traditional like silk, jute, and and wool and other things.
[16:11] In those we are very small, so what we are doing is already uh there is like uh we are not cost competitive because there is a fragmentation and there is a lot of
[16:21] Logistics involved in the country to address that um we had a projects which were like small textile parks now we are coming up with very big textile parks which has already been mentioned PMitra parks and already seven seven sites have been selected we are already working based on the state's inputs on the smaller parks because there can't be thousand acre parks more in the country and sometimes times it's a land and and employment and etc etc.
[16:49] So we are already working on the smaller park probably on a 300 acre and a 500 acre that's was the popular demand.
[16:55] So India ministry is already working whether we should uh create more and more of such parks.
[17:01] Now what happens in a park it's like a textile township.
[17:03] So you have the entire value chain at one place presently just try to understand fiber is grown somewhere goes for spinning somewhere else fabric is made somewhere else in the weaving is done somewhere else and the garmenting is done somewhere else.
[17:16] So actually when fiber is traveling throughout the country it's a big country logistic cost becomes like almost like 14%.
[17:20] So park takes care of
[17:23] That logistics cost and then then they were talking about the skilling.
[17:27] So ministry also has got a lot of skilling programs going on.
[17:31] We have a summer scheme which we are running and uh to even to in the manmade sector.
[17:37] Let me tell also tell you about the production linked incentive scheme which is only for MMF and it has been highly successful for technical textiles.
[17:45] In that we are making specialty fiber, we are making uh glass fiber in investment has come in, carbon fiber investment has come in and we are also making you know automo belts and airbags and one very interesting sector which has come about is hygiene products.
[18:02] We are uh you know uh because of the population and uh you know the the other factors we were importing a lot of hygiene products including baby diapers and adult diapers and uh napkins etc.
[18:15] The all of it the scenario is changing we are making so much of hygiene products that now a stage has come where we are ex starting to export and we have started exporting it.
[18:23] So these all these factors are you
[18:26] Know there's a very huge shift of the focus and as to what has to be done.
[18:31] So that takes care of the vertical integration.
[18:33] Already we have the vertically integrated plants.
[18:34] We have the largest exporter, one of the largest exporters, is an integrated person because there's a slight challenge.
[18:43] Spinning is very good, yarn is very good, fabric is very good.
[18:46] Then the problem comes probably somewhere in the processing.
[18:50] So a lot of investment is coming in the processing.
[18:52] So once processed fabric, good quality processed fabric is available, then it's a matter of stitching and making garments.
[18:58] And you know we are such a huge country and there will always be skilled labor available and then skilled labor.
[19:07] So garmenting is something which will require human intervention.
[19:10] Robots will not be able to make it.
[19:11] So there will be stitching by the humans.
[19:13] So I keep telling the whole world you will have to come back to India.
[19:17] There is no place up to 2070 I will have young population, working population and highest working population in the world.
[19:26] Right?
[19:28] And these garments, no, we are going to be keep wearing clothes because there is no time is going to come which is going to be reduced.
[19:34] So, uh, the whole world has, I mean, and we are the stable supplier.
[19:38] Look at our political situation in the entire world when everybody's disturbed.
[19:42] We are still a stable supplier.
[19:46] So I see a lot of, uh, you know, scope, the chance and the possibility which is right here in textile in India.
[19:50] Absolutely.
[19:52] So the scope is large.
[19:55] India is making for the world.
[19:57] India is not only self-reliant but we are also ensuring that we are providing the world a lot as well as far as textiles are concerned, is what Shubra is suggesting, and the approach really is that we would like to take everyone along, and it's a holistic approach unlike the other countries.
[20:14] Um, Mr. Shanka, let me come back to you now.
[20:15] Uh, let's look ahead and, uh, you know, as we are achieving or trying to achieve this goal of 100 billion, uh, dollars of export in textiles, what is it that is desired?
[20:28] going forward?
[20:30] Uh there are a couple of things which I
[20:32] think government may like to consider
[20:35] doing which it has not been doing till
[20:37] date. So one is that we don't have the
[20:41] scale in our garment industry to become
[20:45] suppliers to a large global brand
[20:47] because we just don't have the volumes.
[20:49] So if somebody who's running a major
[20:51] chain say like Zara or Unilo
[20:55] wants say one lakh suits
[20:58] men's suits for office wearing I don't
[21:00] think the India has the capacity to
[21:02] produce that. Now this capacity can
[21:06] emerge very quickly but the
[21:08] entrepreneurs do not have the ability to
[21:11] scale up because a they don't have the
[21:14] land b they don't have the capital
[21:17] and both
[21:19] they cannot acquire quickly enough.
[21:23] So if our textile parks are large enough
[21:26] and where government spends the money to
[21:29] create the infrastructure as was a place
[21:32] where uh you know working sheds can be
[21:35] created where you produce 50,000 suits a
[21:38] year and makes that available at rent
[21:41] rather than purchase so that if I have
[21:44] an export order I can rent it and
[21:45] produce it. The other thing is that I
[21:49] should be able to get both equity and
[21:51] debt irrespective of the normal
[21:54] financial norms if I have a large
[21:56] export. So in the great days of export
[21:59] growth in Korea, chi, China of course
[22:01] everybody keeps saying for 30 years they
[22:03] print money and that's how they succeed.
[22:05] But essentially if you're succeeding in
[22:07] the export market the risk on giving
[22:10] money for equity and debt is very low.
[22:13] So in India if you bring about that
[22:15] structural transformation that if as an
[22:17] exporter I'm growing at 20% peranom debt
[22:21] and equity should come to me from some
[22:22] dedicated financial institution without
[22:25] the 2 is to1 debt equity law and the
[22:28] third thing which I had mentioned
[22:29] earlier I repeat that till we have
[22:31] workers housing in large doaries
[22:34] housing 50 40,000 people we will find it
[22:38] very difficult to achieve the same we
[22:40] want and let's go back a 100 years we
[22:42] were a great explorer
[22:43] We a great manufacturing hub of textiles
[22:46] a globally competitive industry there
[22:48] and every one of the large mills in
[22:50] Bombay Ahmedabad Kolkata had workers
[22:52] housing a lot of that land is being
[22:54] redeveloped with enormous profits to
[22:56] those who are doing redevelopment so why
[22:59] can't we today develop parks with
[23:02] workers housing which are dometry
[23:04] accommodation run by somebody else
[23:06] because in reality no government
[23:08] exporter would like to take the headache
[23:10] of managing workers housing managing his
[23:13] factory is tough enough for him. So
[23:14] unless the government steps into some
[23:16] kind of an SPV which manages rental
[23:19] dometry housing for a mobile workforce
[23:22] achieving the scale may be a bit more
[23:25] challenging. Okay. And Kamaki coming
[23:28] back to you now. So you know where do we
[23:30] go from here? What more needs to be
[23:32] done?
[23:34] Um first thing which comes to my mind as
[23:37] very rightly mentioned by ma'am here um
[23:40] on technical textiles I feel um very
[23:43] similar to what government of India had
[23:45] mentioned and come out with the national
[23:48] technical textile missions states should
[23:50] have their own state technical textile
[23:52] mission that focuses primarily on
[23:54] research and development because for
[23:56] technical textiles R&D is a very very
[23:58] important component and to pioneer this
[24:00] Maharashtra was the first state to come
[24:01] up with its own Maharashtra technical
[24:03] Textan mission very recently uh where
[24:06] they talk about how they will be
[24:07] collaborating with different center of
[24:08] excellence including bitra at sasira
[24:11] other uh center of excellence. So that
[24:13] is one very very important component
[24:14] because research will remain very
[24:16] important and as we moving to and we're
[24:18] moving towards sustainable ecosystem a
[24:20] lot of companies have started practicing
[24:23] waterless dying have started practicing
[24:24] other sustainable manufacturing
[24:26] practices which again needs a lot of
[24:28] research. So that is one. Uh second as I
[24:30] had mentioned before um technology is
[24:32] very very important and even in these
[24:34] clusters that we are creating. Uh
[24:36] technology can play a very important
[24:38] role for instance 3D printing and uh
[24:41] predictive analysis uh AI based machines
[24:44] which Japan and other countries have
[24:46] started manufacturing. Uh China is using
[24:49] that extensively. Even in India, Tripura
[24:51] Tripur cluster uses AI based technology
[24:54] which does predictive analysis which
[24:56] actually reduces the operational
[24:58] inefficiencies of a machine by 10 to
[24:59] 15%. So that will become very very
[25:02] important. Uh third with respect to
[25:05] MSMES the scalability that was being
[25:07] talked about um can government look at a
[25:10] model which agriculture uh had looked
[25:13] out as farmer producing organizations
[25:15] FPOS. Can we have a textile MSME based
[25:19] uh such organization uh or such
[25:22] cooperative uh arrangement that can look
[25:24] after the MSME sector because they don't
[25:26] a have the cost to you know get these
[25:30] such technologies and textile as a
[25:32] sector I feel u 90% of the machines are
[25:35] imported so one very important aspect to
[25:38] also look here is how machinery
[25:40] manufacturing can start happening in
[25:41] India I mean that will definitely reduce
[25:44] the cost and how MSMES can gain from it.
[25:47] Um another important aspect to how we
[25:49] were just discussing on garmenting.
[25:51] There's a very interesting concept of
[25:52] hub and spoke model which some areas are
[25:55] using. Uh there's a mother unit that is
[25:58] based in the center which has certain
[26:00] child units like 10 to 15 child units
[26:02] which are there in villages. How this
[26:05] helps a the capital cost to this is very
[26:07] less because uh most of the child units
[26:09] are based out of uh big cargo sheds.
[26:12] they transform that into a workable
[26:14] environment which has all garmenting
[26:17] units. So the capital cost reduces. Um
[26:19] you give the uh direct access of
[26:23] employment to women and to other
[26:25] regional areas where which you know
[26:27] people might not be able to travel far
[26:29] for employment. So this is in a way
[26:31] providing employment at your doorsteps.
[26:33] So this is another very interesting
[26:35] model which uh if actually streamlined
[26:38] in a public domain can really help. So
[26:40] these were three points. Sure. Okay,
[26:42] time to get quick closing comments now
[26:43] from all the panelists with the best way
[26:45] forward and what next. I've got about 3
[26:47] minutes left on the program. So in 1
[26:48] minute each please uh concluding remarks
[26:50] starting first with you Shubraji. Yes.
[26:52] Uh I think uh much has been said about
[26:55] MSME fragmented yes but they are uh our
[26:59] strength also. So already they are
[27:01] working in a cluster model. We are
[27:03] encouraging cluster model. In fact let
[27:05] me tell you that Tupur cluster is world
[27:08] famous cluster and it's an organic
[27:09] cluster. Government didn't do anything.
[27:11] Government was an enabler but rest of
[27:13] the thing the industry took care of it
[27:15] and they could be like uh one unit may
[27:18] not be able to produce those lacks of
[27:20] pieces but a group of company companies
[27:23] smaller companies sitting at one place
[27:25] can address those demands because MSMES
[27:27] are there to stay and we don't want to
[27:29] wish them away because that's how uh
[27:31] India's social and economic structure is
[27:34] and uh technical textile like just now
[27:38] it was mentioned states are already
[27:40] coming up Maharashtra has announced a
[27:42] state uh state technical policy. In
[27:45] fact, Tamil Nadu has already announced
[27:47] that the path which is going to be
[27:49] coming up which is there in Virudagar
[27:51] that it is going to be the uh you know
[27:54] populated by the technical textile
[27:56] producers. So already states are
[27:59] realizing that this is what is happening
[28:01] and government coming up with SEZ and
[28:04] all SCZ we did try uh but it's not very
[28:07] successful model. Therefore, lot of
[28:09] things are now happening on the PPP
[28:11] mode. Let let the industry tell us what
[28:14] it is uh required and let's see how we
[28:16] can engage and uh you know do
[28:18] handholding and and uh take it forward.
[28:21] So this is what I would say and and
[28:23] going forward uh yes uh again we will
[28:26] focus on the fibers. We'll focus on the
[28:29] technical textile. We'll focus on
[28:30] reducing the logistics cost of it. We
[28:33] will uh uh we will focus on making the
[28:36] system more seamless so more investment
[28:38] comes. Now on the investment front some
[28:40] of the engagements with the developed
[28:41] countries like even the neighboring
[28:43] country Japan right who alone is a 30
[28:47] billion buyer of textile and we are not
[28:50] our percentage in their uh total market
[28:52] is very less. So we have been talking to
[28:55] them and they said okay fine if you
[28:57] cannot get those numbers from here how
[28:58] about investing sit putting up a plant
[29:01] in India make for India and make for the
[29:03] world like you know we are trying to do
[29:05] JVS we are inviting lot many countries
[29:09] wants to give us technology Qatar wants
[29:11] to invest in India because this is where
[29:13] the growth is so you know in just
[29:16] another couple of years you will see lot
[29:18] of um uh new things happening and the
[29:21] bigger and better things happening
[29:22] wonderful wonderful to hear that Mr.
[29:24] Shankar in 30 seconds closing comments
[29:27] uh ambition to catch up with China's
[29:30] present level of exports in five seven
[29:32] years I think we can do it okay yes I
[29:35] like a much more active role for
[29:37] government to reach out to global majors
[29:40] to get the value addition in India Apple
[29:43] is a good example wonderful they have
[29:45] become one of the largest employers of
[29:46] people in India and it's one big brand
[29:49] so let us focus on four or five global
[29:52] brands
[29:53] Zara is one, Uniqlo other and there are
[29:56] many others H&M and also in synthetic
[30:01] garments we must become a major producer
[30:05] for the global good. I like the optimism
[30:07] and yes we can uh and finally uh please
[30:11] close the show for us Kamakshi 30
[30:12] seconds.
[30:14] Um textiles is definitely a backbone
[30:16] sector. I mean with a huge amount of
[30:18] employment and I think moving from
[30:20] fragmentation to integration and
[30:21] informal uh structure of uh skill
[30:24] development to a formal excellence um
[30:26] this sector is going to highly be
[30:29] competitive and contribute meaningfully
[30:31] to the national economic agenda and its
[30:32] sitar. All right, we'll have to leave it
[30:34] at that. Thank you to all my guests for
[30:36] joining me on the program and putting
[30:37] things into perspective for us. That's
[30:39] it. Thank you. Thank you so much. That's
[30:42] it in this edition of viewpoint. See you
[30:43] again next time.
[30:51] [Music]