According to the Economic Survey 2024-25

 India aims to triple its textile exports to Rs. 9 lakh crore by 2030, according to the Prime Minister. While speaking at Bharat Tex 2025 at Bharat Mandapam in New Delhi, he emphasized that this target could be achieved even sooner with the vision of the "Five Fs": farm, fiber, fabric, fashion, and foreign.

Bharat Tex 2025 is the textile industry's flagship event, featuring an extensive mega expo that showcases the entire textile value chain, from raw materials and accessories to finished products, all under one roof.

Status of the Textile Sector: According to the Economic Survey 2024-25:

• The textiles and apparel industry contributes 2.3% to India’s GDP, 13% to industrial production, and 12% to exports.
• It is one of the largest employment sectors after agriculture, directly employing over 45 million people.
• India is the sixth-largest exporter of textiles and apparel globally and the second-largest producer of textiles and garments worldwide (CII data).

Challenges Facing the Textile Sector:

• Expensive Raw Materials (Fibers): Fibers make up 60-70% of manufacturing costs, and the price has increased in India.
• Pollution: Clothing manufacturing accounts for more than 10% of global carbon emissions and is the second-largest industrial polluter.
• Structural Issues: The industry is highly fragmented, with many MSME players; there is a lack of product diversification, and productivity is less efficient compared to competitors like China, Bangladesh, and Vietnam.

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