India’s textiles sector will require 17 mn additional workforce by 2022, the Textile Ministry said recently. The country employs over 45 mn people in the sector now. In the last four years, 8.58 lakh persons have been trained in partnership with 58 government and industry partners to meet the sector’s need for a skilled workforce.
The Ministry’s strategy involves boosting exports through diversification of markets, positioning India in value chain and promoting collaborative exports, according to a report. Twelve markets in Vietnam, Indonesia, South Korea, Australia, Egypt, Turkey, Saudi Arabia, Russia, Brazil, Chile, Columbia and Peru have been identified for export diversification. The Ministry also plans to pursue strategic engagement with Bangladesh and Sri Lanka on the Fabric-Forward Policy.