Will India’s textile sector hit targets?

NEW DELHI – With India’s textile exports reaching only $35.9 billion in FY 2024 – a modest 7% increase from the previous year – the industry needs to climb very steeply if it is to realise its ambition of $100 billion by 2030.

Industry leaders acknowledge that achieving a three-fold increase within six years demands a fundamental shift in mindset beyond mere strategy adjustments.