PPE industry valued above Rs 10,000 crore: Smriti Zubin Irani, Minister for Textiles and Women & Child Development

Kolkata, Jul 26 (TSIT Bureau) The Personal Protective Equipment (PPE) created in pandemic induced lock down is valued over Rs. 10,000 crore in just two months, said Smriti Zubin Irani, Minister for Textiles and Women & Child Development, Government of India. “We are the only industry in the entire world which in a pandemic lock down situation created an industry which is value at Rs 10,000 plus crore in just two months. This is a first for any economy in the world,” she said. Smriti Zubin Irani was speaking at a webinar organised by the Indian Chamber of Commerce.
Citing the example of PPE success story she told that every opportunity to commercially diversify should be acted upon and one should not wait for a crisis. Further, she said that the PPE success story is an example of efforts taken by the Government and Industry coming together without any subsidy component involved. Mentioning the Prime Minister’s ‘vocal for local’ campaign, she felt that there is a need to for line by line analysis as to what can be produce locally which can give impetus to our manufacturing capacity. Finally, she opined, “Look at diversification prospect, reorient our manufacturing process and leverage technology to strengthen the MSME sector.” Earlier, Mr. Mayank Jalan, President, Indian Chamber of Commerce, in Welcome Address stressed upon India’s need to become Atmanirbhar. Mr. Vikash Agarwal, Senior Vice President, Indian Chamber of Commerce gave the formal Vote of Thanks, while M.r Sanjay Jain, Chairman, ICC National Expert Committee on Textiles moderated the session.