| | OCTOBER 20234India is making its move in manufacturing, and we might well hit the jackpot this time. According to the Department for Promotion of Industry and Internal Trade (DPIIT), India received a total foreign direct investment (FDI) inflow of $58.77 billion last year. We are at a watershed moment in manufacturing--on the road to becoming a major global manufacturing hub with a projected capacity to export goods worth $1 trillion by 2030. Furthermore, by implementing several schemes and policies, the government plans to draw 25 percent of the economy's output from manufacturing by 2025. The major focus is on electronics, and rightly so. But we, as a country, have so much potential in manufacturing--maybe something more than we believe. The textile industry is an example. But the major challenge is helping employees benefit from it. According to a communique issued by the Tirupur Textile Association (TEA), out of the eight lakh textile workers in the district, six lakh are employed directly, out of which 60 percent are women workers. The average monthly wage in India is 31,900 rupees (£308). According to a photography-research by Photographer S Sathya, the average monthly wage for a homeworker in Tirupur is 5,600 rupees. It paints a disturbing picture. Most of these workers work with basic tools six days a week from 9 a.m. to 8:30 p.m. While climbing the mountain of global manufacturing, the country needs to take them along with them. The shining fashion enterprises in the country that depend on Tirupur must comprehend these aspects more than anyone else and make a difference by setting new examples. We shed light on the fashion industry through this special issue. Sujith VasudevanManaging Editoreditor@ceoinsightsindia.comYour Linen Might Be Shining, But Fashion Shop Floors Aren't EditorialVol 04 · Issue 5 - 1 · OCTOBER, 2023 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan Senior Designer Girisha M Visualizers Antony Arnold F Vaishnavi p NoidaRohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comAdvertising ManagersAbhay Katiyar To subscribeVisit https://www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comMagazine Price is Rs. 150 per issuePublisher Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Info Connect Web Technolo-gies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2023 Info Connect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.VP - Sales & Marketing Amrit SinghCirculation Manager Magendran Perumal Editorial Keerthana Kantharaj Tejaswini P Roopalatha H Hima P. M.
< Page 3 | Page 5 >