India's textile market is currently valued at $176 billion and contributes 2.3% to the GDP and 12% to exports, playing a crucial role in the economy. With its skilled workforce and cost advantages , India holds a competitive edge over major textile producers.🏭 The industry is on a strong growth trajectory 📈, projected to expand
India's textile market is currently valued at $176 billion and contributes 2.3% to the GDP and 12% to exports, playing a crucial role in the economy. With its skilled workforce and cost advantages , India holds a competitive edge over major textile producers.🏭 The industry is on a strong growth trajectory 📈, projected to expand at a 10% CAGR, reaching $350 billion by 2030. Additionally, textile exports are expected to surge to $100 billion, reinforcing India’s strong global presence and the increasing demand for its products. 👗👕
