1. Letters to the editor

Letters to the editor

Textile superpower

By: | Published: October 14, 2015 12:19 AM

Textile superpower
Apropos of the column “Can India become the next textile superpower?” (FE, October 12), building cost-effective large-scale fabric mills and unleashing labour reforms can definitely propel us to a 10%-plus share in the global apparel trade. However, we have to learn lessons from China, which has, in part due to us, become the world’s apparel superpower, with exports of $165 billion and controlling 39% of the global apparel trade. We should also learn from companies such as Fountain Set from Hong Kong. Using Fountain Set as an example, we can model our apparel firms on it and take steps for replicating its success in our domestic firms. It might take time, but is doable. In addition, unleashing labour reforms, building fabric manufacturing clusters pro-actively and rethinking our SEZ policy can go a long way boosting our apparel sector.
Prashant Choudhury, Ambala

RTI all the way
Apropos of your edit, “Making govt accountable”, there is no doubt that the RTI has been a landmark in empowerment ofthe citizen in dealing with the powers that be. But, it has to be acknowledged that Indians are notorious for twisting the purpose of a good instrument. That has started happening with RTI being used as a weapon by certain blackmailers. That needs to checked.The govt, however, instead of changing the Act, must change the way it fundtions.
Prahlad Bhasin, Mumbai

Please send your letters to:

The Editor,The Financial Express, B1/B, Sector – 10, Noida – 201301. Distt: Gautam Budh Nagar (U.P.).or e-mail at: feletters@expressindia.com or fax at Delhi: 0120-4367933

Get latest news and updates on Auto Expo 2018, check breaking news on Budget 2018, like us on Facebook and follow us on Twitter.

  1. No Comments.

Go to Top