India should focus on garment manufacturing: Kulin Lalbhai

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December 03, 2022 Kulin Lalbhai, Executive Director of Arvind Ltd., has said that India needs to focus on garment manufacturing and the diversification of products in the textiles sector. The Government also needs to incentivise garment manufacturing by way of extending the Production-Linked Incentive (PLI) scheme which has been given to some other sectors.

Arvind Ltd., is one of India’s leading textile and apparel companies.

Addressing virtually at a session organised by Merchants’ Chamber of Commerce & Industry (MCCI), Kolkata,Kulin Lalbhai said that India is good at making fabrics but not in apparel manufacturing. India needs to focus on apparel manufacturing to move up in the value chain for which it has to be incentivised.

He underlined that India has a thriving textiles sector where the domestic market size is US $ 100 billion and growing at a rate of 8 per cent annually.

As per him, there is also a need to diversify from cotton textiles to man-made fibres (MMF) which the world is moving towards.The domestic market needs to grow as it provides an ‘exciting route for the textiles sector’.

Replying to a question he said, “I do not see any Indian brand becoming a global ‘aspirational’ brand in the near future. The aspirational brands have emanated from developed economies. The most important thing is that Indian brands have to be relevant domestically.”

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