India’s apparel and textiles industry plays a pivotal role in the nation’s economy, contributing 2.3% to GDP, 13% to industrial production, and 12% to exports. As one of the world’s largest producers of cotton, jute, and silk, India’s textile exports stand at $34.43 bn, with the target of reaching $100 bn by 2030. The sector directly employs 45 Mn people and another 100 Mn in allied industries, making it the second-largest employer in the country, after agriculture.
Recent global shifts, particularly the political crisis in Bangladesh, present an opportunity for Ind...
Khadi and Village Industries Commission (KVIC), Ministry of Micro, Small and Medium Enterprises (MSME) and National Institute of Fashion Technology (NIFT) have signed a significant Memorandum of Understanding (MoU) under COEK 2.0 to take the New...
read more...Union Minister of Textiles, Shri Giriraj Singh said that the textiles industry will grow to US$350 billion by 2030 generating crores of jobs in the process. While addressing a Press Conference on 100 Days Achievements of the Ministry in New Delh...
read more...