Tag: Indian Textile Industry

Indian Textile Industry to Expand In 5 to 7 Years to USD 250 Billion and Achieve USD 100 Billion Exports – Chairman, Texprocil
Business, Press Release

Indian Textile Industry to Expand In 5 to 7 Years to USD 250 Billion and Achieve USD 100 Billion Exports – Chairman, Texprocil

Winners of TEXPROCIL Export Awards 2020 – 2021 seen with dignitaries Mumbai, August 26: Shri Upendra Prasad Singh, Textile Secretary, stated that the government is looking at value-added exports like fabrics, made-ups & home textiles as exports of raw materials may not rise further due to increasing local demand. While felicitating the winners of the TEXPROCIL Export Awards 2020 – 2021 on 23rd August 2022 in Mumbai, he informed that the govt had commissioned the PLI Scheme, MITRA Parks Scheme, and GATI Shakti Scheme, intending to attract investments in the sector, reform infrastructure and address logistic bottlenecks. He also said that focusing on key growth areas like ‘sustainable textiles’, ‘technical textiles’ and ‘natural fibres’, and high-end technology is the success mantra fo...