Enhancing India's Textile Sector Competitiveness
Efforts by the Indian government have significantly bolstered the competitiveness of the textile industry. Initiatives like the PM MITRA Parks Scheme and the Production Linked Incentive (PLI) Scheme are key drivers behind the recent surge in exports, which grew by 5.2% in FY 2024-25. A robust domestic raw material base and strategic agreements with international markets further enhance India's position in the global textile arena.
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