India’s Textiles Minister Giriraj Singh announced that the country’s textile industry has grown to nearly $190 billion in 2025-26 and is on track to reach $350 billion by 2030. The domestic textile market has surged from around Rs 6 lakh crore in 2014-15 to over Rs 16 lakh crore, showcasing significant expansion and economic contribution.
Singh highlighted that the textile and apparel sector currently employs over 5.3 crore individuals directly, with expectations to create an additional 2 crore jobs in the next three years. Under Prime Minister Narendra Modi’s leadership, the Ministry of Textiles has witnessed substantial progress over the past 12 years.
Guided by the Prime Minister’s 5F vision, the sector has transformed into a well-connected value chain encompassing farmers, manufacturers, weavers, artisans, and exporters. The government has introduced various reforms and initiatives like PM MITRA Parks, the Production Linked Incentive (PLI) Scheme, and the National Technical Textiles Mission to enhance investments, technology, sustainability, and export competitiveness.
Export initiatives such as RoSCTL and RoDTEP have bolstered India’s export competitiveness, while the country’s Free Trade Agreements have expanded to 18, covering 56 countries. Despite global trade hurdles, India has diversified its export markets and experienced growth in 135 countries. The Minister also highlighted India’s significant progress in technical textiles, with the market expanding from $6 billion to $25 billion under the National Technical Textiles Mission.
