The Prime Minister’s optimism regarding India’s textile industry is well-founded, given the sector’s remarkable growth and potential to drive economic progress. The ambitious goal of reaching Rs 9 lakh crore in textile exports ahead of the 2030 target underscores India’s rising global stature in the textile and apparel market. As one of the largest employment-generating industries, textiles contribute significantly to the nation’s economy, and recent policy initiatives provide a robust foundation for its continued expansion. A key driver behind this optimism is the Government’s focus on innovation, sustainability, and capacity building. The announcement of the five-year Cotton Mission in the Union Budget 2025, with an allocation of Rs 500 crore, marks a strategic step towards enhancing cotton productivity and ensuring a steady supply of high-quality raw materials. Strengthening the cotton value chain will not only make Indian cotton globally competitive but will also benefit millions of farmers and small-scale producers.
As the global fashion industry grapples with the challenge of waste management, India’s textile recycling market is expected to reach USD 400 million in the coming years. This presents an enormous opportunity for the industry to lead in circular economy practices. Initiatives such as upcycling MoUs and pilot projects for textile waste collection in cities like Navi Mumbai and Bengaluru demonstrate the Government’s commitment to sustainability. Additionally, the focus on technical textiles and high-grade carbon fibre manufacturing is a strategic move that aligns with India’s growing industrial aspirations. Technical textiles, with applications in healthcare, defence, and infrastructure, have the potential to significantly boost exports and create new job opportunities. Collaborations with reputed institutions such as IITs will further drive innovation, helping India gain a competitive edge in global markets.
Despite these positive developments, challenges remain. The sector requires sustained investment in skill development, infrastructure, and modernisation of traditional weaving techniques. Private sector participation in research, development, and financing must also scale up. Bharat Tex 2025 has provided a vital platform for industry leaders, policymakers, and entrepreneurs to collaborate and chart the future course of the textile sector.
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