PSU Watch logo

| Domestic air passenger traffic grew 15-16% sequentially in Nov: ICRA |   | Indian Oil Skytanking Ltd to set up fuel farm at Noida International Airport |   | Dilip Buildcon emerges as lowest bidder for ‘OB Removal Contract’ at SECL |   | Omicron update: Govt mandates 'Air Suvidha Portal' for international air travel |   | Coal production increased by 10.35% during Nov 2021 to 67.84 MT |   | DRDO successfully flight-tests short range surface to air missile |  

Piyush Goyal asks for increasing handloom exports to Rs 10,000 cr in three years

On National Handloom Day Minister Piyush Goyal called for increasing handloom exports to Rs 10,000 crore in three years which is Rs 2,500 crore at present
Piyush Goyal asks for increasing handloom exports to Rs 10,000 cr in three years, which at present is at Rs 2500 crore
Piyush Goyal asks for increasing handloom exports to Rs 10,000 cr in three years, which at present is at Rs 2500 crore

New Delhi: Union Minister for textiles Piyush Goyal has called for increasing handloom exports to Rs 10,000 crore and doubling the production to Rs 1.25 lakh crore in the next three years with a view to promoting the growth of the sector. He was speaking at the National Handloom Day celebrations on Saturday. 

India's handloom exports are at present worth Rs 2,500 crore while the production is about Rs 60,000 crore.

"Let us today all resolve collectively on this day that we will go for a Rs 10,000 crore target for exports of handloom products and a target to increase our production to Rs 1.25 lakh crore in the next three years," Piyush Goyal said 

He also suggested forming a team under the chairmanship of Sunil Sethi of Fashion Design Council of India (FDCI) consisting of weavers, trainers, equipment makers, marketing experts and other stakeholders to recommend ways and means to promote the growth of the sector.

The sector should become strong and prosper without depending much on state support, Goyal said.

ALSO READ

"We have to look for new ways to boost handloom production and explore new markets," he added.

Speaking at the event, Textiles Secretary UP Singh said the ministry is working on ways to ensure artisans and weavers get the right price for their products.

"We are trying to onboard more and more handloom players on GeM (government e-marketplace). Over 1.5 lakh handloom weavers are there on GeM," he said.

(PSU Watch- India's Business News center that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)