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Programme to discuss strategy for textile industry growth

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Press Trust of India Coimbatore
Union Textile Minister Santoshkumar Gangwar will be the chief guest at a function 'Make India-Textile Industry Strategies to Growth', organised here on January 21.

The industry captains will discuss ways and means to make the textile industry achieve Make in India vision through Collaborative Approach and wanted the Centre to guide the process, Indian Texpreneuers Federeation Secretary Prabhu Dhamodharan, the organisers, said.

Tamil Nadu textile industry, which is 127 years old, is focusing on manufacturing excellence, diversifying new markets, highest quality standards and new product innovation, he said.

On industry status, Prabhu said Tamil Nadu is having one-third of Indian textile industry, contributing 60 per cent to total yarn exports, having 47.5 per cent of cotton spinning capacity and 30 per cent of total cotton consumption in India.
 

Moreover, its earns Rs 75,000 crore foreign exchange and Rs 30,000 crore value added garments and home textile exports per year, Prabhu said.

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First Published: Jan 16 2016 | 3:32 PM IST

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