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Union Minister Piyush Goyal has called for developing 100 Indian textile machinery champions recognized across the world and reducing import dependence of the textile machinery in India by concerted effort between the textile engineering industry and the government together. He also asked textile machinery manufacturers to get out of the command-and-control mindset and work through plug and play to make the textile sector vibrant in name and spirit.

Goyal said that the National Capital Goods Policy is a manufacturing sector policy devised by the Government of India aimed at increasing the production of capital goods from the 2014-15 value of about $31 billion to $101 billion by 2025. He urged the textile industry to focus on speed, skill, and scale and get into an innovative partnership. He said India should look to become a global player in producing textiles machinery, producing at scale, producing with quality and quantity the machinery of choice that the world requires.

The minister said that focus on quality will help to capture bigger markets and higher productivity. He also expressed hope that a modern and upgraded textile machinery ecosystem would have a cascading impact on unorganized Indian textile industry. He said this will set the momentum for continuous advancement and innovation resulting in ever-evolving and enhancing competitive capabilities along the value chain.