Union Minister of Textiles, Commerce & Industry, Consumer Affairs and Food & Public Distribution, Shri Piyush Goyal held the first meeting with the newly constituted Textile Advisory Group at the Vanijya Bhavan, New Delhi.

• Association of Man-Made fibre industry of India (AMFIl) and Association of Synthetic Fibre Industry (ASFI) presented the overview of the sector and  major challenges such as the high degree of fragmentation in the downstream textile value chain from weaving to garmenting and need of protective measures to contain rising imports MMF raw materials (PTA, MEG) and MMF yarn and fabric (PFY, PSF, NFY).
• The high levels of unutilized production capacities of man-made fibre due to import was discussed. The stakeholders suggested various possible solutions to strengthen and revamp the MMF value chain during the meeting.
• The industry stakeholders acknowledged the need of collaborative efforts to address the issues of the MMF industry and pledged to support and handholding each other to fast-track the growth of the Indian MMF sector.