The fear of the unknown is the lived reality of the handloom industry in India. Handloom is the second largest employment provider in the country, after agriculture. According to the 2019-20 National Census of Handloom Weavers, there are 31.44 lakh households engaged in weaving and allied activities, out of which 87% are in rural areas.
"There are 28 Weaver Service Centres in India. We had asked students of NIFT to upgrade them with respect to marketing and research,” Irani said. Of these, nine centres in Delhi, Jaipur, Srinagar and Banaras, have already been upgraded.
“The e-commerce entities, retail companies and designer bodies have also been requested to promote and amplify the efforts of ministry of textiles to promote handloom products,” textiles ministry said in a statement ahead of the National Handloom Day on August 7 .
The government is set to launch the Focused Product Investment Scheme to attract funding in the manmade fibre segment, in an effort to boost India's share in the global textiles market, a top official said on Thursday.
AEPC chairman A Sakthivel told ET that the council has requested Sood to arrange 100,000 workers immediately as export orders have started picking up. “The order position has improved in July compared to June,” Sakthivel said. “In August, too, the trend is positive and global players are placing fresh orders..”
The Mumbai-based company is reducing jobs, rents, and marketing costs to decrease expenses by as much as 35% for the financial year started April 1, Chairman Gautam Hari Singhania said in a virtual interview last week. It has also sought to freeze loan repayments under a one-time program offered by the central bank.
The Minister reiterated the need for youngsters to retain the craft through use of available design technology so as to reduce the challenge that the weaving community has in terms of current feeling of limited opportunities amongst youngsters, and the need for sustaining the handloom sector.
The Ministry of Textiles, Government of India in collaboration with Invest India organized an ‘Exclusive Investment Forum’ webinar. As part of the series, today’s edition focused on textiles and apparel sector. Only five states were invited, Assam being one of them. Other states included Gujarat, Maharashtra, Madhya Pradesh and Telangana.
However, the overall demand in the textile industry remains sluggish. A Confederation of Indian Textile Industry (CITI) survey highlighted lack of demand is the main concern of the textile industry in the present circumstances.