SF Prep Notes

Giriraj Singh meets Panipat textile industry, sets $350 billion target for 2030

On 18 November 2024 in Panipat, Haryana, Union Textiles Minister Giriraj Singh met textile manufacturers and exporters and urged them to target a $350 billion textile market with $150 billion exports by 2030.

Summary

On 18 November 2024 in Panipat, Haryana, Union Textiles Minister Giriraj Singh met more than 150 representatives of textile manufacturers and exporters, at a meeting organised by the Handloom Export Promotion Council. He urged them to develop new blended products, such as jute with bamboo, to meet 100% of factory energy needs with green energy, and to gear up for a $350 billion textile market with $150 billion exports by 2030. Panipat, known as the 'city of weavers', is recognised as a Town of Export Excellence for woollen blankets.

Key facts

Date/place
18 Nov 2024, Panipat, Haryana
Minister
Giriraj Singh
Organiser
Handloom Export Promotion Council
2030 target
$350 bn textile market, $150 bn exports
Panipat
'City of weavers'; Town of Export Excellence for woollen blankets

Practice MCQs 1 questions

Q1 Advanced

Panipat, where Textiles Minister Giriraj Singh met the industry on 18 November 2024, is recognised as a Town of Export Excellence for which product?

Show answer

Correct answer: A — Woollen blankets

PIB (Textiles): Panipat has been recognised as a Town of Export Excellence under the Foreign Trade Policy for export of woollen blankets.

← All current affairs