Will Giriraj Singh Convince Japanese Textile Leaders to Invest in India?
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Synopsis
Union Textiles Minister Giriraj Singh has initiated discussions in Japan to attract investments in India's textile sector. His meetings with industry leaders focus on enhancing collaboration in technical textiles and expanding manufacturing capabilities. This visit aims to strengthen India-Japan trade ties and explore new opportunities for growth.
Key Takeaways
- Giriraj Singh initiates vital discussions in Japan.
- Focus on attracting investments in technical textiles.
- Meetings held with key industry leaders.
- Plans to enhance India-Japan textile trade.
- Government's $100 billion export target for textiles.
New Delhi, July 15 (NationPress) Union Textiles Minister Giriraj Singh has embarked on an official visit to Japan, engaging in essential discussions with local industry leaders, according to an official statement released on Tuesday.
He led an interactive roundtable with CEOs of prominent textile and apparel companies in Japan, urging them to explore investment opportunities in India within the technical textiles, fibre production, and machinery sectors, targeting both domestic and global markets.
The minister also honored the legacy of Mahatma Gandhi by laying a floral tribute at his statue, emphasizing the lasting significance of Gandhiji’s principles of truth, non-violence, and compassion, as stated by the Textiles Ministry.
During his visit, Giriraj Singh met with the Embassy of India in Tokyo, where he chaired a briefing led by Ambassador Sibi George concerning India-Japan relations and the potential in the textile sector.
A strategic meeting followed with Tadashi Yanai, the Chairman, President, and CEO of Fast Retailing Co Ltd., a leading global apparel retail company. The discussions centered on expanding sourcing, manufacturing, and retail operations in India, as per the ministry's reports.
The minister also engaged with the leadership team of Stylem Co Ltd, a prominent textile trading and OEM company, encouraging them to enhance their involvement with India via PM MITRA Parks and other governmental initiatives.
In a noteworthy interaction, Giriraj Singh conversed with the Directors of Daiso Industries, who unveiled plans to establish 200 stores and produce cotton products in India. The minister urged them to capitalize on India’s textile infrastructure and incentives.
Furthermore, Giriraj Singh chaired a roundtable with major Japanese textile and apparel company executives, promoting investment in technical textiles, fibre production, and textile machinery.
“Today, I participated in the inauguration of the 16th India Trend Fair, 2025 in Tokyo, Japan. This fair provides one of the largest platforms for Indian exhibitors to present their products directly to Japanese buyers. This event will significantly bolster India-Japan textile trade,” the minister shared on X.
Last month, the government announced plans to create a unified platform aimed at addressing critical issues within the textile sector by including all relevant stakeholders to collaboratively develop a roadmap to reach the $100 billion target for textile exports by 2030–31.
During the first meeting of the Task Force on Textiles Exports, Commerce Secretary Sunil Barthwal emphasized the necessity of formulating strategies to enhance India’s share in global markets.
Point of View
It is crucial to acknowledge the importance of building international partnerships, especially in the textile sector. Giriraj Singh's proactive approach in Japan illustrates India's commitment to enhancing trade relations and attracting foreign investment, which is vital for the country's economic growth and the textile industry's future.
NationPress
17/07/2025
Frequently Asked Questions
What is the purpose of Giriraj Singh's visit to Japan?
The visit aims to engage with Japanese textile industry leaders to promote investment opportunities in India, specifically in technical textiles, fibre production, and machinery sectors.
Which Japanese companies did Giriraj Singh meet during his visit?
He met with major companies including Fast Retailing Co Ltd and Daiso Industries, discussing potential expansions and collaborations.
What are PM MITRA Parks?
PM MITRA Parks are government initiatives aimed at enhancing the textile manufacturing ecosystem in India, fostering growth and investment.
What is the significance of the India Trend Fair?
The India Trend Fair provides a platform for Indian exhibitors to showcase their products to Japanese buyers, aiming to strengthen trade relations between the two countries.
What is the $100 billion target for textile exports?
The target set by the Indian government aims to significantly increase textile exports by 2030–31, enhancing India's position in the global textile market.
