The Confederation of Indian Textile Industry (CITI) has applaudedPrime Minister NarendraModifor being re-elected for the third consecutive time and also implementing beneficial schemes and policies for the textile sector.
In its last two terms, the government has introduced several beneficial schemes like the Production Linked Incentive (PLI) scheme for textiles, the National Technical Textiles Mission, and also reinforced ongoing support for MSMEs toboost the industry’s growth, says RakeshMehra, Chairman, CITI
CITI also reinforced its commitment to support the government in its efforts to transform India into a global textiles and apparel hub. The organisation will work closely with government in foster innovation, sustainability and competitiveness within the textile sector, adds Mehra.
The organisation’s robust partnership with the government will help address challenges being faced by the industry, such as raw material security, etc, and achieve sustainable growth, he adds further.