Prime Minister Narendra Modi Inaugurates Bharat Tex 2024 in New Delhi

Prime Minister Narendra Modi inaugurated Bharat Tex 2024, the largest textile event in India, emphasizing its focus on sustainability, circularity, and economic growth. The event witnessed participation from over 3000 exhibitors and traders from 100 countries, showcasing India’s rich textile heritage and modern innovations.

PM’s Address: Connecting Tradition with Innovation

• Prime Minister Modi highlighted Bharat Tex 2024 as a bridge between India’s traditional textile heritage and modern technological advancements.
• He praised the event as a manifestation of “Ek Bharat Shreshtha Bharat,” celebrating diverse textile traditions from across the nation.
• Acknowledged the crucial role of weavers and their intergenerational knowledge in the textile value chain.
• Emphasized the four pillars of Viksit Bharat: empowerment of the poor, youth, farmers, and women, underscoring the sector’s inclusive growth.

Government’s Support and Initiatives: Empowering Textile Sector

• PM Modi outlined government initiatives supporting cotton, jute, and silk production, including the Kasturi Cotton initiative to enhance India’s global brand value.
• Highlighted the significance of technical textiles and the National Technical Textiles Mission, along with opportunities for startups.
• Discussed plans for seven PM MITRA Parks to bolster the textile value chain ecosystem and reduce logistics costs.

Union Minister’s Vision: Strengthening Textile Supply Chains

• Union Minister Piyush Goyal emphasized the importance of strengthening local supply chains and achieving the vision of a ‘Viksit Bharat.’
• Envisioned a $250 billion production target and $100 billion exports by 2030, facilitated by initiatives like PM MITRA, PLI scheme, and Samarth.
• Highlighted the formation of a textile advisory group to enhance connectivity in the cotton and man-made fiber industry.

India’s Position on the Global Stage: Harnessing Textile Potential

• Bharat Tex 2024 showcased India’s entire textile value chain, reinforcing its position as a global textile powerhouse.
• The event positioned India as an attractive investment and sourcing destination, aligning with the ‘vocal for local’ and ‘local for global’ initiatives.
• Recognized the changing consumption patterns of aspirational young Indians, offering opportunities for the textile industry’s growth.