Economy

India Targets 10% Share Of Global Merchandise Exports By 2047: WTO

Textile Insights July 23, 2026

India aims to increase its share of global merchandise exports from around 1.8 per cent in 2024 to nearly 10 per cent by 2047, as part of its long-term Viksit Bharat development vision, according to a World Trade Organisation (WTO) report. The WTO said India has maintained various duty

Export

India Targets US$ 100 Billion Textile Exports By 2030, Pushes For Global Leadership

Textile Insights May 27, 2026

India has set an ambitious target of achieving US$ 100 billion in textile exports and USD 250 billion in textile production by 2030, with Union Finance Minister Nirmala Sitharaman calling for stronger integration across the textile value chain to position the country as a global textile powerhouse. Addressing the TEXPROCIL Export Awards 2023–24 in Mumbai, […]

Event

NIFT Gandhinagar Showcases Industry-Focused Projects At The Bottomline 2026

Textile Insights May 25, 2026

National Institute of Fashion Technology (NIFT), Gandhinagar, organized The Bottomline 2026, the graduation showcase of its Master of Fashion Management (MFM) batch, highlighting industry-oriented projects developed by 37 students in collaboration with leading fashion and retail companies. The event brought together industry leaders, academicians and fashion professionals

Industry

Achieving 70% Female Workforce Participation By 2047 Key To Viksit Bharat: Sumita Dawra

Textile Insights March 9, 2025

At the Women in Services Sector CII Dialogue 2025, Sumita Dawra, Secretary, Ministry of Labour & Employment, emphasized that achieving 70% female workforce participation by 2047 is pivotal for a Viksit Bharat, unlocking economic potential and fostering national growth. Dawra noted that India’s female labour force participation has risen from 23% in 2017-18 to

Economy

Union Budget 2025-26: A Transformational Push For Textiles, MSMEs, Agriculture And Exports

Textile Insights February 1, 2025

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