Threads of innovation

Bharat Tex 2025 is poised to bring cutting-edge technologies, business opportunities and strategic partnerships to the forefront

- MITHILESHWAR THAKUR

The Indian textiles industry has always been the cornerstone of the country's economy, tradition, culture and heritage. It stands tall as one of the topmost employment-generating sectors, next only to agriculture, and a significant contributor to India's GDP and export basket. But somehow it did not perform to its potential over the years, particularly in the global market, on account of a variety of factors. Indian apparel industry particularly, which is the most important element of the textile value chain, found itself losing the race of cost competitiveness to some of the least developed and under-developed countries enjoying tariff advantage in important markets, and thereby not realizing its true potential.

There was thus a pressing need for a total rejig and an urgent capacity augmentation to realign product offering with the global import pattern. This was largely addressed by PLI and PMMITRA initiatives of the government. The emerging confident India was inclined to go for it whole hog and unleash the animal spirit. That's what gave birth to the idea of Bharat Tex in 2024.