Try GOLD - Free
India’s new global positioning in textiles
Financial Express Chennai
|December 12, 2025
WHEN WE SPEAK of India’s textile sector, we are not merely referring to factories, machines and fashion.
-
We are talking about the lives of millions of Indians whose daily reality is rooted in cotton fields, hand-looms, powerlooms and sewing machines.Over the last 11 years, under the leadership of Prime Minister Narendra Modi, the sector has witnessed a strategic vision, strong resolve and bold policy reforms. These efforts have infused new confidence into the textile industry. Today, the impact of recent reforms is not just structural change. It is a story of new opportunities for farmers,entrepreneurs,women, weavers, technicians and the youth.
Farmer-centric transformation
The foundation of the textile sector lies in the fields, and farmers are the first link in this value chain. Ensuring that cotton farmers are protected from market fluctuations, price uncertainty and exploitative intermediaries has always been a top priority. Between 2004 and 2014, government agencies procured 17.3 million cotton bales.
Between 2014 and 2024, this rose to 47.3 million bales, an increase of 173%. Similarly, major reforms in MSP have given farmers long-term stability. Cotton MSP, which stood at ₹3,700 per quintal in 2013-14, has been raised to ₹7,710 per quintal for 2025-26, an increase of 108%.
Mission for cotton productivity
This story is from the December 12, 2025 edition of Financial Express Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Chennai
Financial Express Chennai
When Prada prices our heritage
IT REVEALS GLOBAL APPETITE FOR INDIAN DESIGNS—AND INDIA'S FAILURE TO MONETISE THEM
3 mins
December 15, 2025
Financial Express Chennai
FMCG growth slips in November, but rural gallops
“Inflation has begun to stabilise in the second half of the ongoing fiscal.
1 mins
December 15, 2025
Financial Express Chennai
CBDT intensifies action against fake deduction claims
THE CENTRAL BOARD of Direct Taxes (CBDT) has intensified its crackdown on bogus tax deductions and exemptions by deploying a data-driven compliance strategy, with a special focus on fake donation claims made by taxpayers.
1 min
December 15, 2025
Financial Express Chennai
Delhi AQI at 461 sets record for 2nd-worst Dec day
THE AQI IN Delhi climbed to 461 on Sunday and marked the city’s most polluted day this winter and the second-worst December air quality day on record, as weak winds and low temperatures trapped pollutants close to the surface.
2 mins
December 15, 2025
Financial Express Chennai
Making chips intelligent
A 3-NANOMETRE TRANSISTOR is no longer science fiction; it is inside the phone in your pocket. Yet classical silicon is gasping. The next leap will come from nanoelectronics: new materials, new device physics, and integration at atomic precision. This includes today’s scaled CMOS (complementary metal oxide semi-conductor) powering everything from AI chips to edge devices.
1 mins
December 15, 2025
Financial Express Chennai
‘Track record matters more than sponsorship’
NIMESH SHAH, MD & CEO, ICICI PRUDENTIAL AMC
2 mins
December 15, 2025
Financial Express Chennai
Google, Meta, and the race for your face
GOOGLE WILL DEBUT AI smart glasses in 2026, amid stiff competition from Meta.
1 min
December 15, 2025
Financial Express Chennai
Amazon bets on short-term lending for q-comm biz
AMAZON INDIA IS betting on a short-term lending model to fuel the growth of its quick-commerce brand, Amazon Now, without burning cash like many of its competitors in the segment, multiple executives aware of Amazon’s plans told FE.
1 min
December 15, 2025
Financial Express Chennai
Nifty still fumbling at the top
THE NIFTY CLOSED Friday with a gain of 148 points or 0.57%, ending the week at 26,046, but still recording a weekly loss of 140 points or 0.53%.
2 mins
December 15, 2025
Financial Express Chennai
Spotify lets you control your music
SPOTIFY WILL BEGIN testing a new feature that allows users to type an idea for a playlist into the app and receive a unique set of songs based on their historical taste and behaviour.
1 min
December 15, 2025
Listen
Translate
Change font size
