India must make strategic policy interventions, foster innovation, secure financial backing, and enhance marketing strategies to propel the sector toward the ambitious target of US$ 350 billion by 2030, writes Sandeep Dangi. The Indian textile industry, one of the oldest and most significant
Prime Minister Narendra Modi emphasized India’s growing stature in the global textile industry while addressing Bharat Tex 2025 at Bharat Mandapam, New Delhi. He highlighted the event’s significance as a platform for showcasing India’s rich textile heritage, technological advancements and commitment to sustainability, reinforcing the vision of Viksit Bharat. Bharat
Bharat Tex 2025 commenced with grandeur at Bharat Mandapam, New Delhi, with Minister of Textiles Giriraj Singh, Minister of State Pabitra Margherita, Secretary Neelam Shami Rao, and other dignitaries gracing the inauguration. The highly anticipated event, focused on innovation, sustainability and global collaboration, has attracted participation from over 120 countries, 33
The domestic textiles and apparel (T&A) sector has applauded the growth-focused measures announced by Union Finance Minister Nirmala Sitharaman in the Budget 2025. Welcoming the progressive budgetary steps aimed at infusing the much-needed momentum, the apex industry body, Confederation of Indian Textile Industry (CITI) says that Budget reflects the government’s
Biji Chacko shares his strategic vision for the company in an exclusive interview with Henry Dsouza, Associate Editor of Textile Insights. With a steadfast focus on sustainability, advanced technology and operational efficiency, Chacko outlines how Alok Industries aims to redefine the global textile landscape. From embracing AI and renewable energy to capitalizing on
Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26, introducing a series of bold reforms and sector-specific initiatives aimed at bolstering India’s textile industry, MSMEs, exports and agriculture, while implementing tax relief measures to increase disposable income and stimulate economic growth. With a strong focus on self-reliance, domestic
Indian apparel exporters are projected to register 9-11% revenue growth in FY25, driven by the gradual liquidation of retail inventories in key global markets and a shift in sourcing to India, according to a report by ratings agency ICRA. The recovery follows a sluggish FY24, which saw exports decline by 2% due to high retail […]
The Ministry of Textiles hosted an interactive session with over 30 foreign missions at Sushma Swaraj Bhawan to promote Bharat Tex 2025, scheduled for February 14-17, 2025. Representatives from countries such as Australia, Brazil, Italy, Russia, Thailand, and Vietnam participated in the event. Union Minister of State for External Affairs and Textiles, Shri Pabitra
Union Minister of Textiles, Giriraj Singh, confidently projected that India’s technical textiles industry will surpass the US$ 10 billion mark by 2030. Speaking at the ‘Viksit Bharat- Technical Textiles for Sustainable Growth & Development’ conference in New Delhi, Singh highlighted the increasing role of man-made fibres and technical textiles in everyday life,
The Indian Ministry of Textiles launched several initiatives in 2023, which include PM MITRA Parks, Kasturi brand cotton and garnered investment of around Rs 2,119 crore under PLI Scheme. The initiatives also include 126 research proposals approved and valued at Rs 371 crore under National Technical Textile Mission (NTTM) for speciality fibre and technical textile. […]