'After the successful completion of 100 days' agenda, we have a huge task cut out before us to maximize productivity and welfare of stakeholders and tackle the issues affecting the holistic growth and development of textiles industry.'

The ministry will also promote research and development in textiles sector including developing better handlooms to provide a 'common technology platform' on commercial basis for promotion of new technologies to achieve value addition and product diversification.

Maran had said Aug 31 that an additional $1.5 billion of foreign exchange could be earned from the US market if there was a sustained effort.