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India's textile industry struggles with high costs and regulations, aiming to boost exports under PM Modi's plan.
India's textile industry, despite being a major player, faces challenges in exports, trailing behind China, Vietnam, and Bangladesh.
Higher costs, complex regulations, and fragmented supply chains impede growth.
Prime Minister Narendra Modi highlighted textiles, tourism, and technology as crucial for job creation, noting India's role as the second-largest cotton producer.
The government aims to boost textile exports and emphasizes water security and river interlinking projects for industrial development.
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La industria textil de India lucha con altos costos y regulaciones, con el objetivo de impulsar las exportaciones bajo el plan de PM Modi.