Indian textiles sector set to hit $100 billion exports: Jardosh

Indian textiles sector set to hit $100 billion exports: Jardosh

22nd October 2021, Mumbai:

This may be recalled that the government is done with the announcement of the MITRA (Mega Integrated Tex Region and Apparel) scheme seeking to invite new investments for the Indian Textile Sector making a case for the enhanced attractive this space has attained, attributable to a series of back to back measure centre has taken entails the building of mega textile parks in the country spread across.

The measures include initiatives such as the launch the Sector PLI scheme directed to achieve manufacturing excellence and RODTEP to build in export competitiveness in this golden industry capable of providing maximum job creation against every single crore invested in this industry.

Therefore the expectation of hitting an ambitious 100 $ Bn is not entirely undoable.

Companies entering textile space may get highest benefit under PLI - The  Economic Times

 

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