PM: Hopeful of achieving ₹9 lakh-cr textile exports before 2030 deadline

PRIME MINISTER NARENDRA Modi on Sunday expressed satisfaction over the work being done in the textile sector and said he is optimistic that India will achieve the ₹9 lakh crore annual exports goal ahead of the 2030 target.

- PRESS TRUST OF INDIA

This assumes significance in view of the General Budget 2025 announcement of a five-year Cotton Mission to increase productivity of cotton, especially extra-long staple varieties.

It allocated ₹500 crore for the National Cotton Technology Mission.

Speaking at the Bharat Tex 2025, Modi said, "We are currently ranked as the sixth largest exporter of textiles and apparel in the world, with textile exports valued at approximately ₹3 lakh crore. Our goal moving forward is to triple this figure and achieve exports worth ₹9 lakh crore.

This success is attributed to the hard work and consistent policies implemented over the past decade, which have led to a doubling of foreign investment in the textile sector during this period." "Although I am saying 2030 here, but the mood I saw (at the exhibition) today, I feel you may prove my figures wrong," he said, expressing optimism that the textiles exports target may be achieved ahead of 2030.