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India targets $350B textile economy and $100B exports by 2030-31 with year-round, high-value production.
India aims to grow its textile economy to $350 billion and boost exports to $100 billion by 2030-31 by shifting from seasonal to year-round, high-value garment manufacturing.
Union Minister Giriraj Singh, speaking at a CII event in New Delhi, called for expanding production to all 12 months, increasing India’s global textile share from 4.7% to 14.7%, and advancing innovation, sustainability, and technical textiles.
The Ministry of Textiles highlighted the need for nearly $100 billion in investment, improved infrastructure, and fiber production growth from 15 million to 23 million metric tonnes via the National Fibre Mission.
Bharat Tex in July is set to connect Indian manufacturers with global buyers.
India tiene como objetivo una economía textil de $ 350B y exportaciones de $ 100B para 2030-31 con producción de alto valor durante todo el año.