India’s textile industry expected to grow to $350 billion by 2030: Giriraj Singh

India’s textile industry is expected to grow to $350 bn by 2030 and add 3.5 crore jobs, Union Minister of Textiles, Giriraj Singh said today.

He was speaking at the curtain raiser event of ‘Bharat Tex 2025’ in New Delhi. He further expressed hope of India being recognised by its ‘Bharat’ brand and green sustainable textile products at the world stage.

Singh asserted that the Union Government’s PLI scheme for textiles will enable the apparel industry to boost production and promote their branding. The minister also added that the PLI scheme will enable linking of the textile value chain and lure FDI in the country.

Singh emphasised that the Indian demographic dividend will aid India’s growth ahead of China and urged the state governments to equally participate in the event.

“...This event is an embodiment of the prime minister’s 5F vision - Farm to Fibre to Factory to Fashion to Foreign,” he said.