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Sector Overview

With rising per capita income, presently at $2,350, India boasts the second-largest working population with a median age of 28 years. The textile industry in India, thus, gains a pivotal role in knitting the tapestry of dynamism and growth of the sector with about 4.5% share in the global textile and apparel trade. With a diverse range of fabric and intrinsic craftsmanship, the handicrafts and handloom sector offers a great deal of opportunities wherein the products are exported to more than 100 countries.

Providing employment to over 45 Mn people, the textile industry that produces about 22,000 Mn pieces of garment per year, is set to gain momentum with market size reaching $350 Mn by 2030. With transformative changes in the textile sector, the government, in addition has also launched PM MITRA Park Scheme with an outlay of INR 4,445 Cr to create an integrated textiles value chain from spinning to manufacturing at a single location. Furthering the roadmap of growth, the India textile market is fifth in the world and the government is assisting to accelerate this growth to the level of 15-20% over the next five years. Moreover, the sector acts as a crucial link between the agriculture and industrial sector supporting the cultivation of Raw silk, cotton etc., thus bridging the gap.

Kasturi Cotton Bharat programme of the Ministry of Textiles is a first-of-its-kind branding, traceability and certification exercise carried out jointly by the Government of India, Trade Bodies and Industry to promote Indian Cotton. Stakeholders across the supply chain including farmers, Ginning Units, Spinning Mills, Processing Houses, Weaving Units, Garmenting Units, Home Textile manufacturers and even Retailers and Brands will be involved in a collaborative effort to promote and enhance the value of Indian Cotton across the domestic and overseas markets. The government has also taken key initiatives like the Production Linked Incentive Scheme for Textiles to promote the production of MMF Apparel, MMF Fabrics and products of Technical Textiles in the country. With a view to enhancing the skills of the workforce in the textile sector has formulated Samarth Scheme under a broad skilling policy framework with the objective of providing opportunities for sustainable livelihood.

$350 Mn

Market size projected to reach by 2030

15-20%

Accelerate growth over the next five years

Why Invest in Textile & Apparel

  • Sustainable Practices

    Increasing focus on sustainable practices and eco-friendly products aligns with global trends and consumer preferences

  • Skilled Workforce

    India has a large pool of skilled and semi-skilled workers, which supports labour-intensive industries like textiles

  • Availability of Raw Materials

    India is one of the largest producers of cotton, jute, and silk, ensuring a steady supply of raw materials

  • Government Support

    The Indian government offers various incentives, schemes, and policies to promote investment in the textile sector, such as the Production Linked Incentive (PLI) scheme and the Technology Upgradation Fund Scheme (TUFS)

Major Investors

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Incentives & Schemes

  • Production Linked Incentive Scheme for Textiles
  • Pradhanmantri Credit Scheme for Powerloom Weavers
  • Grant-In Aid and Modernization/Upgradation of Powerloom Service Centres

Policy Archive

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Guidelines for the implementation of the Pashmina Wool Development Scheme

The Scheme for Pashmina Wool Development is designed to make a meaningful intervention given the potential of this area to produce Pashmina of fine quality. During the 12th plan a special package with total financial provision of Rs.41.21 Crore has accordingly been introduced.

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SILK SAMAGRA-2 SOP & Guidelines for Implementation

The programme synergises the efforts of State Governments and other implementing agencies to improve the quality, productivity and production of raw silk, besides general employment opportunities, particularly in the rural. areas.

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Operational Guidelines for Setting up of PM Mega Integrated Textile Regions and Apparel (PM MITRA) Parks

The Government of India plans to set up 7 (Seven) PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks in Greenfield/Brownfield sites in partnership with the willing State Governments.

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National Technical Textiles Mission

With a view to position the country as a global leader in Technical Textiles, National Technical Textiles Mission has been approved for creation at a total outlay of INR 1480 Crore.

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National Handicrafts Development Programme

The NHDP scheme envisages a package of support to the handicraft clusters and artisans which inter-alia include basic inputs and infrastructure support in addition to capacity enhancement to cater to target market.