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
Indian textile small and medium enterprises (SMEs) capitalize on the nation’s rich pool of raw materials and abundant resources. While globalization has opened up new international avenues, persistent challenges have hindered growth. India faces formidable competition from countries like Bangladesh and Vietnam, which benefit from lower labour costs and expansive













