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TEXTILE SECTOR UNICORN SHOULD COME FROM THE INSTITUTE OF CHEMICAL TECHNOLOGY

Published: March 14, 2022
Author: DIGITAL MEDIA EXECUTIVE

New Delhi: Piyush Goyal, Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, today said the next Textile sector Unicorn should come from the ICT. Addressing the e-Summit 2022 of the Institute of Chemical Technology, Mumbai on Atmanirbhar Renaissance, he called upon the ICT students to take the leadership in Tex-preneurship, the Textiles sector entrepreneurship.

Shri Goyal said the ICT has one of India’s best Fibres & Textile technology department in the country. The ICT has a distinguished alumni like Mukesh Ambani of Reliance Industries, Indravadan Modi of Cadila Pharmaceuticals, Nilesh Gupta of Lupin Limited and Ashwin Dani of Asian Paints, he added.

“They have played an important role in making India Aatmanirbhar, particularly in the Chemicals and Pharma sectors. It’s unbelievable how one institute can shape a whole sector. In fact, in some sense, the ICT is to the Chemicals industry what very highly reputed Ivy league colleges are to the technology world or management world across nations. And I do believe each one of your students has a responsibility to carry this legacy forward!” said Shri Goyal, in his address delivered over video conference.

Quoting John F Kennedy, “One person can make a difference and everyone should try to be that one person”, Shri Goyal said entrepreneurs are best defined as Nation Builders and Change Makers.

Shri Goyal said the Government is working as an enabler and has taken transformational initiatives to promote the Textiles sector, including the PLI, setting up of 7 Mega Textile Parks, launching the National Technical Textiles Mission (NTTM) to position India as global leader in Technical Textiles and 31 projects have been already approved.

Shri Goyal said India is going through the Aatmanirbhar Renaissance.

“We are taking great leaps in innovation, Research & Development is finally being recognised as an important element for developing or progressing the country into the New Age. And I suspect nobody today is satisfied with incremental change, incremental improvement; we are all looking at orbital shift in the way we live in our world,” he said.

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