The Union Minister for Textiles, Commerce and Industry, Consumer Affairs, Food, and Public Distribution, in a recent address at the Asian Textile Conference organized by the Confederation of Indian Textile Industry and SIMA 90 Years Celebration in Coimbatore, emphasized the need for India to become self-sufficient in the manufacture of textile machinery.

The Minister stated that India's pursuit of self-reliance in textile machinery production was essential for the country's growth and competitiveness. He further noted that the proposed Free Trade Agreement with the United Kingdom held the potential to reinvigorate the textile industry in Coimbatore by recapturing markets that had previously drawn business away from the region.

Additionally, the Minister highlighted the importance of India positioning itself as a supplier of high-quality textile machinery. He suggested that establishing trade agreements with countries like Switzerland and Norway would facilitate collaborations between Indian machinery manufacturers and businesses in these nations, resulting in the domestic production of advanced textile machinery.

India's economic trajectory was also a focal point of the Minister's address. He pointed out that with its current growth rate, India, currently a $3.7 trillion economy, had the potential to reach $30 trillion by 2047. He emphasized that the world was increasingly recognizing India's potential as a burgeoning economic powerhouse.

Darshana Vikram Jardosh, Union Minister of State for Textiles and Railways, echoed this sentiment and urged collective efforts to fulfill Prime Minister Narendra Modi's vision of making India the third-largest economy in the world.

The remarks made by both Union Ministers underscored the critical role that self-sufficiency in textile machinery production could play in enhancing India's standing in the global textile industry and achieving broader economic aspirations.