Indian textiles aim for $100 billion in exports by 2030.

Prime Minister Narendra Modi expressed optimism that India will achieve its target of $100 billion in textile exports by 2030.

At Bharat Tex 2025 – India's largest textile trade fair – Indian Prime Minister Narendra Modi stated that India is currently the world's sixth-largest exporter of textiles, with current export revenue reaching $35 billion. The country's future goal is to triple this figure and reach $100 billion in exports by 2030.

Prime Minister Modi emphasized the government 's support through initiatives such as the Cotton Mission, which has contributed to the growth of the domestic textile industry. He expressed optimism that, with the enthusiasm and efforts of all stakeholders, this goal could be achieved sooner than expected.

The Indian Prime Minister stated that foreign direct investment (FDI) in India's textile industry has doubled over the past decade, reflecting the country's consistent policies and relentless efforts.

India is aiming to produce high-quality carbon fiber - Source: Economictimes

Mr. Modi also praised the thriving Bharat Tex exhibition, held in New Delhi from February 14 to 17. He described it as the industry's largest event, showcasing the entire textile ecosystem. He stated that the event is becoming an important platform for fostering collaboration and partnerships among policymakers, executives, and leaders in the global textile industry.

In addition, the Indian government is also implementing major initiatives such as the "Cotton Productivity Mission" to improve productivity and sustainability in cotton farming, benefiting millions of farmers.

Prime Minister Narendra Modi noted that India is aiming to produce high-quality carbon fiber and is striving to create a highly skilled workforce for the textile industry. “We are focusing on the technical textile sector; India is asserting its presence in this field,” he said.

The Indian Prime Minister has outlined the 5F vision for the country's textile industry, encompassing: from farm to yarn; from yarn to mill; from mill to fashion product; and from fashion product to export. He stated that this vision is creating new opportunities for farmers, weavers, designers, and traders, contributing to the sustainable development of the Indian economy.

Source: https://congthuong.vn/det-may-an-do-dat-muc-tieu-xuat-khau-100-ty-usd-vao-nam-2030-374647.html