logo
Task force on textiles exports sets collaborative roadmap to boost India's global market share

Task force on textiles exports sets collaborative roadmap to boost India's global market share

Time of India12-06-2025
The Ministry of Commerce & Industry held the inaugural meeting of the Task Force on
Textiles Exports
under the chairmanship of Commerce Secretary Sunil Barthwal at Vanijya Bhawan on June 10. The high-level meeting marked a significant step toward building a collaborative framework aimed at enhancing India's share in global textile exports, the ministry said in an official release.
The newly formed Task Force is envisioned as a unified platform to address critical challenges in the textile sector, foster stakeholder engagement, and develop actionable strategies to boost exports across the textile value chain.
The discussions at the meeting were comprehensive, covering a wide range of policy and operational issues. Key focus areas included:
Upgrading ESG infrastructure in garment units
Promoting renewable energy use
Addressing EU Deforestation Regulation (EUDR) compliance
Expanding e-commerce channels for textile exports
Simplifying regulatory frameworks, improving labour productivity, and enhancing cost competitiveness
Focused support for MSME exporters, including export credit, certification, and testing support
Scheme-related suggestions on RoDTEP, RoSCTL, and Duty Drawback
Promotion of PM MITRA Parks, jute diversified products, separate HS codes for GI products, and natural fibre productivity
The meeting was attended by senior officials including Special Secretary Rajesh Agrawal, Special Secretary L Satya Srinivas, FA Arti Bhatnagar, DGFT Ajay Bhadoo, and Additional Secretary (Textiles) Rohit Kansal, along with representatives from related departments, Export Promotion Councils (EPCs), industry associations, and leading exporters.
Exporters and council members shared critical insights and provided recommendations for sectoral improvement. Based on these deliberations, the Chair directed that sub-task forces be formed on key thematic areas. Each sub-task force will be led by the concerned ministry and will include members from EPCs and industry stakeholders. Their mandate will be to deliver practical, time-bound recommendations to the main Task Force.
The meeting concluded with a shared commitment to advancing India's textile export goals in alignment with the
Viksit Bharat Vision 2047
, reinforcing the government's resolve to position India as a global textile powerhouse.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Pakistan and Iran agree to increase bilateral trade to $8 billion annually
Pakistan and Iran agree to increase bilateral trade to $8 billion annually

Hindustan Times

time2 hours ago

  • Hindustan Times

Pakistan and Iran agree to increase bilateral trade to $8 billion annually

Pakistan and Iran agreed on Sunday to increase bilateral trade to USD 8 billion annually, taking advantage of their geography and the 'discount of distance,' as trade ministers from the two countries held discussions to deepen economic and political ties. During Iranian President Pezeshkian's visit, Pakistan and Iran pledged to raise trade to $8B, expand regional links, and strengthen ties in energy, logistics, and services.(AFP) The agreement was reached during a meeting between Commerce Minister Jam Kamal Khan and Iranian Minister for Industry, Mines and Trade Mohammad Atabak on the sidelines of Iranian President Masoud Pezeshkian's two-day state visit to Pakistan. Pezeshkian landed in Lahore on Saturday afternoon and then flew to the capital in the evening. A statement by the Commerce Ministry here said the high-level discussion between Khan and Atabak marked a renewed commitment from both sides to accelerate trade, remove border bottlenecks, and build trust-based partnerships across priority sectors. '[During the meeting], Kamal envisioned that, if fully leveraged, bilateral trade between Pakistan and Iran could easily exceed USD 5–8 billion annually in the coming years,' the ministry said. Before departing from Tehran, Pezeshkian had said Iran and Pakistan have always maintained 'good, sincere, and deep relations' and plan to increase bilateral trade volume to USD 10 billion annually. During Sunday's meeting, emphasis was placed on maximising the potential of neighbourhood trade, with Khan highlighting how ASEAN countries have benefited enormously by trading within their region. 'Geography is an advantage. Pakistan and Iran must utilise this discount of distance. If we don't, we lose both time and cost benefits,' he stated. The Pakistani minister suggested organising targeted trade delegations that include representatives from federal and provincial chambers of commerce, enabling focused discussions on market access and regulatory facilitation, according to the statement. 'We've done this model successfully in Belarus and elsewhere,' he was quoted in the statement as saying. 'Let's do the same for Iran, starting with sectors that show the greatest potential for mutual benefit.' The ministers also expressed a shared commitment to increasing the use of existing trade corridors and border facilities. Atabak also highlighted ongoing discussions about increasing Pakistani exports to Iran and encouraged swift follow-up on newly signed agreements. 'Traders and industrialists in both countries are ready. They trust each other. What they need now is a clear and consistent facilitation mechanism from our side,' he noted. Khan said that beyond bilateral gains, such connectivity could expand to Turkey, Central Asia, Russia, and even parts of West Asia, creating an economic bloc of substantial power and resilience. Atabak backs B2B day during top visits, vows to bring Iranian firms to Pakistan Atabak supported the idea of holding a dedicated B2B day during every high-level visit and offered to bring Iranian business groups to Pakistan for in-depth meetings, the statement said. Both ministers agreed on the importance of identifying specific sectors such as agriculture, livestock, services, energy, and cross-border logistics for future collaboration, the statement said. 'With high-level political alignment and mutual trust, Pakistan and Iran appear poised to enter a new phase of strategic economic partnership that could reshape regional trade dynamics,' it added.

Pakistan, Iran decide to increase bilateral trade to USD 8 billion annually
Pakistan, Iran decide to increase bilateral trade to USD 8 billion annually

Economic Times

time3 hours ago

  • Economic Times

Pakistan, Iran decide to increase bilateral trade to USD 8 billion annually

AI-generated image used for representation Pakistan and Iran agreed on Sunday to increase bilateral trade to USD 8 billion annually, taking advantage of their geography and the "discount of distance," as trade ministers from the two countries held discussions to deepen economic and political ties. The agreement was reached during a meeting between Commerce Minister Jam Kamal Khan and Iranian Minister for Industry, Mines and Trade Mohammad Atabak on the sidelines of Iranian President Masoud Pezeshkian's two-day state visit to Pakistan. Pezeshkian landed in Lahore on Saturday afternoon and then flew to the capital in the evening. A statement by the Commerce Ministry here said the high-level discussion between Khan and Atabak marked a renewed commitment from both sides to accelerate trade, remove border bottlenecks, and build trust-based partnerships across priority sectors. "[During the meeting], Kamal envisioned that, if fully leveraged, bilateral trade between Pakistan and Iran could easily exceed USD 5-8 billion annually in the coming years," the ministry said. Before departing from Tehran, Pezeshkian had said Iran and Pakistan have always maintained "good, sincere, and deep relations" and plan to increase bilateral trade volume to USD 10 billion annually. During Sunday's meeting, emphasis was placed on maximising the potential of neighbourhood trade, with Khan highlighting how ASEAN countries have benefited enormously by trading within their region. "Geography is an advantage. Pakistan and Iran must utilise this discount of distance. If we don't, we lose both time and cost benefits," he stated. The Pakistani minister suggested organising targeted trade delegations that include representatives from federal and provincial chambers of commerce, enabling focused discussions on market access and regulatory facilitation, according to the statement. "We've done this model successfully in Belarus and elsewhere," he was quoted in the statement as saying. "Let's do the same for Iran, starting with sectors that show the greatest potential for mutual benefit." The ministers also expressed a shared commitment to increasing the use of existing trade corridors and border facilities. Atabak also highlighted ongoing discussions about increasing Pakistani exports to Iran and encouraged swift follow-up on newly signed agreements. "Traders and industrialists in both countries are ready. They trust each other. What they need now is a clear and consistent facilitation mechanism from our side," he noted. Khan said that beyond bilateral gains, such connectivity could expand to Turkey, Central Asia, Russia, and even parts of West Asia, creating an economic bloc of substantial power and resilience. Atabak supported the idea of holding a dedicated B2B day during every high-level visit and offered to bring Iranian business groups to Pakistan for in-depth meetings, the statement said. Both ministers agreed on the importance of identifying specific sectors such as agriculture, livestock, services, energy, and cross-border logistics for future collaboration, the statement said. "With high-level political alignment and mutual trust, Pakistan and Iran appear poised to enter a new phase of strategic economic partnership that could reshape regional trade dynamics," it added.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store