India’s textile sector will require 17 mn additional workforce by 2022: MoT

Source: https://apparelresources.com

The central government has announced that India’s textile sector will be needing an additional 17 million workforce by 2022. Currently, the country’s textile sector is home to more than 45 million workers.

Ministry of Textiles (MoT) further added that it has offered training to over 8.50 lakh people during the last four years in association with 58 government and industry’s big players to cater to the needs of providing a more skilled workforce to the textile sector.

The textile ministry has marked out 12 countries which include, Vietnam, Indonesia, South Korea, Australia, Egypt, Turkey, Saudi Arabia, Russia, Brazil, Chile, Columbia and Peru, as its major focus markets to boost exports.

It is also pertinent to mention that in a bid to better native production and Make in India, the government has surged basic customs duty from 10 per cent to 20 per cent on more than 500 textile products.



Categories: Africa, Asia, Australia, Brazil, Business, Egypt, India, Indonesia, Russia, Textile, Turkey, Vietnam

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