Giriraj Singh Union Minister of Textiles held a pivotal meeting with senior officers from Uniqlo, facilitated through make investments India, reaffirming the shared dedication to strengthening India’s fabric sector. This engagement follows Uniqlo’s earlier interplay with the Hon’ble high Minister, highlighting their eager interest in taking part with India’s textile enterprise to decorate cotton production competencies, productiveness, and excellent. This assembly underscores the synergy among Uniqlo’s vision and India’s goal of fostering a globally competitive and sustainable fabric region.
With 15 shops across the us of a and a retail revenue of Rs 814 crore as of March 31, 2024, Uniqlo has confirmed a strong boom fee of 30 per cent, contributing drastically to the retail and fabric environment in India. Their operations, inclusive of collaboration with 18 swing factories and 6 cloth turbines sourced from 9 vendors, underline their commitment to great and innovation in textiles.
Uniqlo has expressed a keen interest in advancing cotton production talents, productivity, and best within India. As the arena’s largest cotton producer, cultivating over 11.9 million hectares, India offers an ideal landscape for such tasks. India already utilising excessive-density pleasant seeds in Akola in which productiveness ranges are up to at least one,500 kg/hectare. The business enterprise’s pilot undertaking is likewise running on comparable lines in which the productivity and first-rate stages are yielding up to one,000 kg/hectare. The Ministry is dedicated to assisting Uniqlo’s request for land to scale this initiative, reflecting a shared vision of making India a global hub for first-rate cotton sourcing.
In alignment with India’s fabric increase objectives, reaching a market length of $350 billion and $100 billion in exports via 2030, the Ministry has extended an invite to Uniqlo to invest in the prime Minister’s Mega incorporated textile region and clothing (PM MITRA) Parks. these parks offer a ready-to-perform environment with a construct-to-in shape version, ensuring seamless integration for groups seeking sustainable and efficient operations.
Uniqlo’s participation in the approaching “Bharat Tex” international fabric Expo in February will in addition underscore the shared dedication to fostering innovation, sustainability, and traceability within the textile zone. With global interest centered on sustainable and traceable practices, the Ministry has encouraged Uniqlo to increase its research and improvement efforts into new natural fibres, such as milkweed fibre aligning with India’s own projects in this critical region.
The Ministry remains confident that this partnership will bolster India’s give up-to-give up fabric price chain, fortify the girls-led economy, and elevate India’s position as a international fabric leader.