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Key Points

Union Textiles Minister Giriraj Singh is on a strategic mission to attract Japanese textile investments into India. During his Japan visit, he engaged with prominent industry leaders from companies like Fast Retailing and Daiso Industries. The discussions centered on expanding manufacturing, sourcing, and retail operations in India's textile sector. Singh's efforts aim to boost India's textile exports and strengthen bilateral economic ties with Japan.

Key Points: Giriraj Singh Urges Japan Textile Giants to Invest in India

  • Giriraj Singh meets top Japanese textile CEOs to explore investment opportunities
  • Fast Retailing and Daiso Industries plan significant India expansion
  • Minister highlights India's textile infrastructure and government incentives
  • Targeting $100 billion textile export goal by 2030-31
2 min read

Giriraj Singh urges Japanese textile industry leaders to invest in India

Union Minister Giriraj Singh meets Japanese industry leaders, inviting investments in technical textiles, manufacturing, and export opportunities

"The fair gives one of the biggest platforms to Indian exhibitors to showcase their products directly to Japanese buyers - Giriraj Singh"

New Delhi, July 15

Union Textiles Minister Giriraj Singh commenced his official visit to Japan and held key meetings with local industry leaders, an official statement said on Tuesday.

He chaired an interactive roundtable with CEOs of major textile and apparel industries of Japan, and urged them to consider investing in India in the technical textiles, fibre production and machinery sectors, both for domestic as well as global markets.

The minister also paid floral tribute at the statue of Mahatma Gandhi, "highlighting the enduring relevance of Gandhiji's ideals of truth, non-violence, and compassion," said Textiles Ministry in a statement.

Giriraj Singh visited the Embassy of India in Tokyo and chaired a briefing by Ambassador Sibi George on India-Japan relations and opportunities in the textile sector.

Later, a strategic meeting was held with Tadashi Yanai, Chairman, President and CEO of Fast Retailing Co Ltd., one of the world's leading apparel retail companies.

The discussion focused on expanding Fast Retailing's sourcing, manufacturing, and retail operations in India, according to the ministry.

The minister also met the leadership team of Stylem Co Ltd, a leading textile trading and OEM Company, and invited them to scale up their engagement with India through PM MITRA Parks and other government initiatives.

In a key engagement, Giriraj Singh met with the Directors of Daiso Industries, who announced plans to open 200 stores and manufacture cotton products in the country. The minister encouraged them to leverage India's textile infrastructure and incentives.

Giriraj Singh also chaired an interactive roundtable with CEOs of major Japanese textile and apparel companies, encouraging investments in technical textiles, fibre production, and textile machinery.

"Today participated in the inauguration of 16th India Trend Fair, 2025 in Tokyo, Japan. The fair gives one of the biggest platforms to Indian exhibitors to showcase their products directly to Japanese buyers. This fair will strengthen the India-Japan textiles trade," the minister posted on X.

Last month, the government said it plans to set up a unified platform for addressing critical issues concerning the textile sector by involving all relevant stakeholders to work collaboratively towards creating a road map for achieving the $100 billion target for textile exports by 2030-31.

Addressing the first meeting of the Task Force on Textiles Exports, Commerce Secretary Sunil Barthwal highlighted the need to formulate strategies for enhancing India's share in global markets.

- IANS

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Reader Comments

P
Priya S
Hope this brings more employment opportunities for our weavers and artisans. But government must ensure fair wages and working conditions for workers. Quality jobs matter as much as quantity!
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Aman W
Japanese investments will bring much-needed modernization to our textile industry. But we should also focus on sustainable practices - no point in growth if it harms our environment 🌱
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Sarah B
As someone working in apparel exports, this is exciting news! Japan has strict quality standards - this push will force Indian manufacturers to up their game. Win-win for quality and exports.
K
Karthik V
While FDI is welcome, hope our traditional handloom sector isn't neglected. Banarasi, Kanchipuram, Pochampally weaves are our heritage that needs equal attention and promotion.
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Nisha Z
Good diplomatic move to pay respects to Gandhiji in Japan. His charkha symbolized self-reliance - perfect symbolism for textile talks! Hope these deals benefit small businesses too, not just big players.

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