Giriraj Singh targets ₹33 lakh crore textile market by FY31, doubling current size
Textiles minister sets FY31 goal to double India's textile market from ₹16 lakh crore to ₹33 lakh crore, projecting 2 crore additional jobs on top of 5.3 crore in 2024-25. Plan leans on 18 FTAs across 56 countries, scaling technical textiles to $25 billion, and a ₹3,335 crore allocation.
Textiles minister Giriraj Singh set a target to double India's textile market to ₹33 lakh crore by FY31, projecting 2 crore new jobs, expanded FTAs, and growth in technical textiles to $25 billion.