5.3 lakh youth trained in textile sector in last 2 years: Govt

The government said it has trained over 5.3 lakh youth in textile trades over the past two years, particularly in garment segment. Of this, “more than 81 per cent of persons trained have been placed including 79 per cent of the trained women,” an achievement report prepared by the DIPP and the Textiles Ministry said. […]

The government said it has trained over 5.3 lakh youth in textile trades over the past two years, particularly in garment segment.

Of this, “more than 81 per cent of persons trained have been placed including 79 per cent of the trained women,” an achievement report prepared by the DIPP and the Textiles Ministry said.

The training was given under the Integrated Skill Development Scheme (ISDS).

The textile sector accounts for 10 per cent of the country’s manufacturing, 5 per cent of GDP and 13 per cent of exports earnings, it said.

Textiles and apparel sector is among the 25 thrust areas of the government’s ‘Make in India’ initiative.

The sector is the second largest employer in the country employing nearly 51 million people directly and 68 million indirectly in 2015-16.

“Efforts are being made to restore glory of cottage-based traditional sectors like handlooms, handicrafts, jute and wool through an integrated approach covering entire value chain,” it said.

Further, it said between March 2014 and March 2016, the FDI equity inflows in the sector added up to USD 427.55 million.

FDI equity inflow grew by 16 per cent in 2015-16 over the previous year.

Source: The Economic Times