India's Textile Industry Boosted by Government Initiatives

India stands as the sixth largest global exporter of textiles, with exports reaching USD 37.75 billion in the fiscal year 2024–25. The country is recognized for its diverse textile value chain and is seen as a reliable supplier across over 200 markets. The Indian government has embarked on numerous initiatives to enhance the international presence of its textiles and apparel, focusing on unified branding, market promotion, and trade facilitation. Key initiatives include the Export Promotion Mission, Kasturi Cotton trademark, and Silk Mark certification. Free Trade Agreements and schemes like PM MITRA Parks and Production Linked Incentive Scheme aim to fortify the sector's infrastructure and competitiveness. Additionally, the National Technical Textiles Mission and VisionNxt are spearheading innovation in specialty fibers and strategic design intelligence, while efforts to preserve traditional handloom crafts continue. These comprehensive measures reflect India's commitment to branding and strengthening its textile industry, positioning itself globally as a preferred sourcing destination.

Source: Original Link

Read more