Indian government plans to create 4.5-6 crore jobs in textile sector by 2030, targeting USD 100 billion in textile exports.

The Indian government aims to create 4.5-6 crore jobs in the textile sector by 2030, increasing its market size from USD 165 billion to USD 350 billion. Plans include attracting significant investments and establishing seven PM-MITRA mega textile parks, expected to generate 21 lakh jobs. The government targets USD 100 billion in textile exports by 2030, while promoting the Make in India initiative. However, textile exports fell by 3.24% in FY24.

September 27, 2024
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