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India:call for modernisation of textile industry

Increase font  Reduce font release date:2018-12-05  Views:6
 Addressing the CITI Global Textiles Conclave 2018, Vice President M Venkaiah Naidu has called for modernisation of textile industry by proving requited skill, investment and market to recapture India’s past glory in the textiles sector. With the world moving towards 4th industrial revolution based on cyber physical systems, Naidu urged the Indian textile industry to take lead in industry 4.0 in view of the distinct advantage enjoyed by us in the IT sector. He called upon the textile industry to fully tap the potential of IoT cloud, artificial intelligence and big data and analytics.

He also urged the industry to establish textile industry 4.0 learning factory in all major clusters adopting ‘Hub and Spokes’ model with hub focusing on advance training and spokes focusing on basic training. Accountability and transparency, ethics in business and standards in products need to be maintained to sustain in the global competitive scenario. Naidu also stressed on the need to give major thrust to skill development, upgradation and use of digital technology and adoption of lean manufacturing systems to remain globally competitive.

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