• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

India Targets $100 Billion Textile Exports By 2030-31: Giriraj Singh

OMMCOM NEWS by OMMCOM NEWS
March 11, 2026
in Nation

New Delhi: Union Minister of Textiles Giriraj Singh on Wednesday said that India must move towards higher-scale and higher-value manufacturing and expand year-round garment production to strengthen its global presence in the textile sector.

Addressing an industry interaction organised by the Confederation of Indian Industry in New Delhi, the minister said India aims to expand its textile economy to $350 billion and exports to $100 billion by 2030-31.

Singh also said India’s share in global textile trade should rise significantly from the current 4.7 per cent to 14.7 per cent, underlining the need for the industry to scale up production and competitiveness.

Highlighting structural challenges in garment manufacturing, the minister noted that much of India’s production is currently focused on summer garments, catering to roughly eight months of global demand.

“The industry should expand its capabilities to produce garments for all seasons to tap a wider range of international markets,” he said.

The minister also stated that the future of the textile sector will be increasingly driven by sustainability and innovation, urging the industry to diversify into technical textiles, value-added garments and innovative textile products where India has strong potential.

He also referred to Bharat Tex 2026 — scheduled from July 14 to 17 — which aims to connect Indian manufacturers with global buyers and investors.

Speaking at the event, Neelam Shami Rao, Secretary in the Ministry of Textiles, said India must strengthen raw material availability, manufacturing capacity, infrastructure and market diversification to support future growth.

She added that India’s fibre production, currently about 15 million metric tonnes, will need to increase to nearly 23 million metric tonnes, supported by initiatives such as the National Fibre Mission.

Industry representatives also highlighted the need to scale garment manufacturing to meet potential demand arising from new trade agreements.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Bangladesh’s Newly-Formed Parliament May Face Constitutional Crisis Amid Conflicting Perspectives: Report

Next Post

India Dominates Day 1 Of New Delhi 2026 World Para Athletics GP

Related Posts

Nation

Tapas Roy, Sajal Ghosh Were Forced Out Of Trinamool: Kunal Ghosh

May 14, 2026
Nation

Russian FM Calls On PM Modi, Discusses Situation In Ukraine And West Asia

May 14, 2026
Nation

Putin Condoles Heavy Loss Of Life, Large-Scale Destruction In Massive UP Storm

May 14, 2026
Nation

DA Case: Allahabad HC Seeks CBI, ED Response On Plea Against Rahul Gandhi

May 14, 2026
Nation

Sharad Pawar Calls For Strategic Relief For Sugar Industry, Questions Centre’s Export Ban

May 14, 2026
Nation

Delhi HC Grants Bail In NDPS Case Over Failure To Provide Written Grounds Of Arrest

May 14, 2026
Next Post

India Dominates Day 1 Of New Delhi 2026 World Para Athletics GP

Illegal Opium Poppy Crop Destroyed In Joint Raid In Subarnapur, Accused Absconding

Hockey WC Qualifiers: Navneet Kaur's Hat-Trick Powers India To 4–1 Win Over Wales

Khimji
SAI
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special

© 2025 - Ommcom News. All Rights Reserved.