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News on Gov 25th April 2023 ArdorComm Media Group ESG task force for sustainability to be established shortly for textiles sector, according to Goyal
News on Gov 25th April 2023 ArdorComm Media Group ESG task force for sustainability to be established shortly for textiles sector, according to Goyal

ESG task force for sustainability to be established shortly for textiles sector, according to Goyal

-By ArdorComm News Network

In order to support India’s commitment to sustainability, an ESG (environmental, social, and governance) task force will be established in the textiles sector, Piyush Goyal, Union Minister of Textiles, Consumer Affairs, Food and Public Distribution, and Commerce and Industry, announced on Saturday during the soft launch of the Ministry of Textiles’ e-commerce website for handloom and handicrafts in Rajkot, Gujarat.

Gujarat Chief Minister Bhupendrabhai Patel also attended the event, which was a part of the “Saurashtra Tamil Sangamam.”

The Union Minister attended the Chintan Shivir, which took place during the two-day event in Somnath and Rajkot, where discussions on many facets of the industry were held alongside officials from the Ministry of Textiles.

Speaking at the event, Goyal stated that productive discussions about boosting the vibrancy of the textile industry had taken place. He continued by saying that some exporters and manufacturers receive certification for environmental, social, and governance (ESG) compliance, which assures them two times the value.

To ensure this certification for more exporters and producers, efforts are being made. The minister also discussed the textile industry’s 2030 export target of attaining $100 billion and its 2030 overall target of $250 billion.

Goyal stated that one of PM Narendra Modi’s five commitments were that in order to move forward with assurance, we must return to our roots. According to him, Gujarat and Tamil Nadu have a common history and culture in addition to having a robust traditional and modern textile sector.

 

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