Tatsat Chronicle Magazine

ESG Task Force For The Textile Industry To Be Created Soon, Says Minister

April 22, 2023

An ESG (environmental, social and governance) task Force in the textiles sector will be created keeping in mind India’s commitment towards sustainability, said Piyush Goyal, Union Minister of Textiles, Consumer Affairs, Food and Public Distribution and Commerce and Industry during the launch of e-commerce website of Ministry of Textiles dedicated to handloom and handicrafts in Rajkot, Gujarat today. The event was a part of ‘Saurashtra Tamil Sangamam’ in which Chief Minister of Gujarat, Shri Bhupendrabhai Patel also participated.

During two days event in Somnath and Rajkot, the Union Minister attended the chintan shivir in which along with officers from the Ministry of Textiles, deliberations on various aspects of the sector was done.

Speaking on the occasion, Goyal said there has been fruitful discussions for making textile sector more vibrant. He added that the some of the manufacturers and exporters are ensuring twice the value upon receiving environmental, social and governance (ESG) compliance certification. Efforts are being made to ensure ESG certification for more manufacturers & exporters.

He also talked about the export target of $100 billion for textile sector by 2030 and overall target of $250 Billion for textile sector by 2030. He said that both Tamil Nadu and Gujarat are connected with history and culture but are also connected due to having strong traditional and modern Textile sector.

A large number of women from Tamil Nadu reached the state. He said that he interacted with them and found that they were excited and joyous. The Union Minister said that it reflects that the cultural heritage of our country is in Unity. He said that ‘Saurashtra Tamil Sangamam’ is an effort to unify India.

Over the past decade, there has been an increasingly growing focus on ESG in the global market place as consumers become more environmentally conscious