PM Modi Lauds Growth in Textile Exports

India aims for a threefold increase in its textile exports to ₹9 lakh crore by 2030, Prime Minister Narendra Modi said on Sunday, hoping that the target can be achieved even earlier with the vision of "Five Fs" and new $7.5 billion worth of global opportunities in recycling of textile waste.

- Rajeev Jayaswal

NEW DELHI:

"Our textile exports have reached ₹3 lakh crore. Now our aim is to take it to ₹9 lakh crore by 2030," Modi said at Bharat Tex 2025 in New Delhi. The PM said India's textile sector grew by 7% last year, earning the world's sixth largest textile exporter's tag, and he hoped that the industry will strive to achieve double-digit growth in the coming years.

He said every entrepreneur participating in Bharat Tex is exposed to over 120 countries, thus the event is giving them an opportunity to expand their businesses from local to global markets. Earlier, textile minister Giriraj Singh said that the event has exhibitors from 126 countries. Bharat Tex 2025, a mega global event, is being held from February 14-17 and it brings together the entire textile value chain from raw materials to finished products, including accessories, under a single roof.