Rising KashmirRising KashmirRising Kashmir
  • Home
  • Top Stories
  • News
    • Kashmir
    • City
    • Jammu
    • Politics
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Search

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Anchor
  • Breaking
  • Business
  • City
  • Developing Story
  • Editorial
  • Education
  • Features
  • Health
  • Interview
  • Jammu
  • Jammu and Kashmir News
  • Kashmir
  • Kashmir Tourism
  • Kath Bath
  • National
  • Opinion
  • Politics
  • Sports
  • Technology
  • Top Stories
  • Trending
  • Uncategorized
  • Video
  • Viewpoint
  • World
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Textile, Tourism, Technology: PM Modi’s ‘mantra’ for India’s development
Share
Notification Show More
Font ResizerAa
Rising KashmirRising Kashmir
Font ResizerAa
  • Home
  • Top Stories
  • News
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Search
  • Home
  • Top Stories
  • News
    • Kashmir
    • City
    • Jammu
    • Politics
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Follow US
© 2024. All Rights Reserved.
Rising Kashmir > Blog > Developing Story > Textile, Tourism, Technology: PM Modi’s ‘mantra’ for India’s development
Developing Story

Textile, Tourism, Technology: PM Modi’s ‘mantra’ for India’s development

ANI
Last updated: February 24, 2025 2:31 pm
ANI
Published: February 24, 2025
Share
3 Min Read
SHARE

Prime Minister Narendra Modi on Monday said that three sectors – textiles, tourism and technology- are “crucial” for India’s development.

Addressing the Madhya Pradesh Global Investor Summit in Bhopal, the Prime Minister said these sectors will create “crores” of new jobs.

“Three sectors will play a crucial role in India’s development–textiles, tourism, and technology. These sectors will create crores of new jobs. If we look at textiles, India is the second-largest producer of cotton. India has a whole tradition related to textile, it has skill as well as entrepreneurship,” PM Modi said.

Terming the state as the “cotton capital” of India, the Prime Minister stated that about “25 per cent of India’s organic cotton supply comes from Madhya Pradesh.”

India is the sixth largest textile and apparel exporter in the world.

Notably, the Central government aims to target the export of USD 10 billion worth of technical textiles under its National Technical Textiles Mission. To position India as a global leader in technical textiles, the Mission was launched in 2020-21 and has been extended till 2025-26, with a financial outlay of Rs 1,480 crore.

Technical textiles are defined as textile materials and products used primarily for their technical performance in various high-end industries. At present, India’s technical textile exports are reportedly between USD 2 billion to USD 3 billion.

In his inaugural address at the Global Investor Summit, PM Modi also emphasised on the need to ensure water security for industrial development. He said that the government is constantly pushing for water conservation and promoting river interlinking mission.

“For industrial development, water security is important. To achieve this, on one side, we are pushing water conservation, and on the other, we are promoting the river interlinking mission. Agriculture is one of the biggest beneficiaries in this process,” PM Modi said.

“Recently, the Rs 45,000 crore Ken-Betwa River Linking Project has been started. This will increase the productivity of 10 lakh hectares of agricultural land,” he added.

PM also highlighted Finance Minister Nirmala Sitharaman decision in the Union Budget to make income up to Rs 12 lakh tax-free in order to boost consumption in the country.

“Our budget has come this month. In this budget, we have energized the growth of India. Our middle class is also the biggest test pay. It also creates demand for service and manufacturing. In this budget, many steps have been taken to empower the middle class.

We have made income up to Rs 12 lakh tax-free and have restructured the tax slab. In the budget, emphasis has been laid on building local supply chain so that we can become completely self-dependent in manufacturing,” PM Modi said. (ANI)

 

 

G20 leaders pay homage to ‘beacon of peace’ Mahatma Gandhi
J&K LG Sinha Allocates Portfolios to New Ministers
LG meets Union Minister of Power, discusses demand for higher allocation of power to J&K
JKBOSE Class 10th Results declared, Check your results here
India has officially eliminated ‘extreme poverty’: US report
TAGGED:kashmir newskashmir newspaperPM Modirising kashmirTechnologyTextileTourism

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp Copy Link Print
Previous Article Woman killed, 12 others injured as vehicle plunges into gorge  in J&K’s Ramban
Next Article “Necessary to make Indigenous AI chips for defense,” Union Minister Rajnath Singh
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

1MFollowersLike
262kFollowersFollow
InstagramFollow
234kSubscribersSubscribe
Google NewsFollow

Latest News

Parliamentary Panel arrives in Jammu to review governance, public grievance redressal
Breaking
June 28, 2025
Iran urges WHO Chief to condemn “deliberate” military attacks on civilians, hold Israel and US accountable for war crimes
Breaking World
June 28, 2025
Russia will no longer play “one-sided” games with West: Russian President Putin
Breaking World
June 28, 2025
‘If Trump is genuine about wanting a deal, he should put aside disrespectful tone”: Iran FM Araghchi
Breaking World
June 28, 2025

Recent Posts

  • Parliamentary Panel arrives in Jammu to review governance, public grievance redressal
  • Iran urges WHO Chief to condemn “deliberate” military attacks on civilians, hold Israel and US accountable for war crimes
  • Russia will no longer play “one-sided” games with West: Russian President Putin
  • ‘If Trump is genuine about wanting a deal, he should put aside disrespectful tone”: Iran FM Araghchi
  • Widespread rain brings respite to J&K

Recent Comments

  1. Shah on Relief for Employees: J&K Bank Fixes EMI-Credit Mismatch, says JK Bank Chairman
  2. Latif khan on Why Kashmir needs Stronger Private Healthcare and Health Insurance
  3. Sameer farooq mir on Qazi Irfan assumes charge as RTO Kashmir
  4. Captain Vikrama on CM Omar Abdullah hails historic feat as three Kashmiri Girls crack IIT-JEE Advanced
  5. BASHIR AHMAD BHAT on Poor hotel accommodation, lack of medical facilities irk Kashmiri pilgrims in Saudi Arabia, video goes viral

Contact Us

Flat No 7,Press Enclave, Srinagar, 190001
0194 2477887
9971795706
[email protected]
[email protected]

Quick Link

  • E-Paper
  • About Us
  • Contact Us

Top Categories

Stay Connected

1.06MLike
262.5kFollow
InstagramFollow
234.3kSubscribe
WhatsAppFollow
Rising KashmirRising Kashmir
Follow US
© 2025. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?