PM Proposes Action Plan For Growth In Carpet Output

New Delhi, November 4 | Updated: Nov 5 2003, 05:30am hrs
Prime Minister Atal Bihari Vajpayee on Tuesday proposed an action plan to achieve a quantum growth in carpet production and offered to set up a secretariat of the World Forum of Handmade Carpets in the country.

I would like the textiles ministry along with others to prepare a time-bound action plan to achieve quantum growth in Indias handmade carpet industry, with a specific focus on increasing employment, Mr Vajpayee said inaugurating the first world conference on handmade carpets.

‘Textile Industry Capable Of Going Global Post-’05’

Our Corporate Bureau
New Delhi, November 4

Indian textile industry had the capacity to compete globally post-2005, and that would include the spinning, yarn and knit sectors, according to textile secretary SN Mohapatra. Speaking at the India Textile Summit organised by the CII, Mr Mohapatra said 70 per cent of the global trade was from free trade zones or from bilateral trades and therefore Indiashould make arrangements for bilateral trade and prepare a conducive market for the textile industry.

India would be happy to offer space and other such facilities to house the secretariat of the World Forum for Handmade Carpets proposed by the world industry leaders, he added.

The purpose of such a secretariat would be to provide training, design technology and other infrastructure support required by handmade carpet industry to contribute to growth in the world trade, he said adding that the government was required to work out methods for establishment of raw material bank.

Around 500 delegates from 20 countries are participating in the two-day conference, organised by the Carpet Export Promotion Council and ministry of textiles.

India ranked first in terms of volume and third in terms of value in the the world carpet industry, textiles minister Syed Shahnawaz Hussain said adding that the countrys total share was pegged at 17.69 per cent of $1,926-mn global market of hand-knotted carpets.

Stressing the need for attracting private sector investment, the Prime Minister said sustained research and development efforts were required and the industry should consider sharing the cost of education, research and training by forming a corpus fund.

Mr Vajpayee said the govt had initiated some important steps to boost carpet weaving in J&K for integrated development and export promotion.