March 27, 2025 8:37 PM
India strengthens global position in technical textiles with strategic initiatives
India’s textile industry continues to be a key pillar of the national economy, contributing nearly 2% to the country’s GDP. As the sixth-largest textile exporter globally, with a 3.9% share in world textile exports, the sector is poised for significant growth, projected to reach USD 350 billion by 2030. This expansion is expected to generate 3.5 crore jobs, further solidifying India’s standing in the global textile market. While traditional textiles remain vital, the emergence of technica...