Stating that Bangladesh’s management has fallen into such arms that it’s going to turn into the “large brother of Pakistan”, Union Minister Giriraj Singh on Wednesday asserted that traders will shrink back from the neighbouring nation.
Singh was talking at a curtain raiser occasion of Bharat Tex 2025 to be held from February 14-17 on the Bharat Mandapam right here. The minister’s comment comes within the backdrop of latest violence that led to regime change in Bangladesh.
“Ab Bangladesh ki dori to aise haath most important chala gaya hai, ki Pakistan ka bada Bhai ban jayega, Chhota nahi rahega, to kaun investor wahan jaana chahega (Reins of Bangladesh fallen into such arms that it’s going to turn into large trouble of Pakistan…then which investor want to go there),” Singh stated.
Elaborating on his feedback, the minister stated that the Indian textile trade will not be going through any problem both from Bangladesh or Vietnam as India has a big labour market.
He additional stated that if Bangladesh turns into like Pakistan, traders will assume earlier than going there.
The minister additionally stated there are plans to hyperlink each sector to the production-linked incentive scheme.
“…We are attempting to deliver extra PLI schemes, to hyperlink each sector to it,” Singh stated.
Bharat Tex 2025 is a mega international textiles occasion being organised by a consortium of Textile Export Promotion Councils (EPCs) and supported by the Ministry of Textiles.
It’s positioned as a global-scale textile commerce truthful and information platform.
The occasion will likely be held concurrently on the twin venues of Bharat Mandapam and India Expo Centre and Mart Better Noida.
Whereas the primary occasion will likely be held from February 14-17 on the Bharat Mandapam, it would cowl your complete worth chain of textiles, exhibitions pertaining to handicrafts, garment equipment and ethnic attire on February 12-15 on the India Expo Centre and Mart.
Bharat Tex 2025 goals to construct on the resounding success of the final version in 2024.
A file variety of over 5,000 exhibitors, 6,000 worldwide patrons from over 110 nations and over 1, 20,000 guests are anticipated to take part on this 12 months’s occasion.
