The union cabinet on October 6, approved the setting up of seven Mega Integrated Textile Region and Apparel parks with a total outlay of Rs 4,445 crore for five years to position India strongly on the global textiles map. 

''It will attract massive foreign and domestic investment in the sector making it globally competitive while helping create lakhs of jobs,'' Sakthivel said. 

These steps, he said, will also help push exports and take it to over USD 100 billion in the next few years. 

''The country has all the players from farm-to-fashion but has still been lagging behind in the global apparel trade due to certain factors that have now been addressed.