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Events / India's Textile Sector Aims for USD...
Regulatory policy discussion

India's Textile Sector Aims for USD 350 Billion

Analysis based on 8 articles · First reported Mar 11, 2026 · Last updated Mar 11, 2026

Sentiment
60
Attention
4
Articles
8
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard
Market Impact

The discussions signal a proactive approach by India to significantly boost its textile sector, aiming for a USD 350 billion economy and USD 100 billion in exports by 2030-31. This could lead to increased investment opportunities in manufacturing, technology, and infrastructure within India, positively impacting related industries and potentially increasing India's global trade share.

Textile Manufacturing Retail
Event Summary

Union Minister Giriraj Singh, along with officials from the India===Ministry of Textiles and industry leaders, held a high-level interaction in New Delhi to discuss the future of India's textile sector. The primary goal is to transform the industry towards higher scale, higher value, and 12-month garment manufacturing to achieve a USD 350 billion textile economy and USD 100 billion in exports by 2030-31. Key figures like Neelam Shami Rao and Rohit Kansal detailed structural and financial requirements, including increasing fibre production and securing USD 100 billion in investments. Kulin Lalbhai of Arvind Ltd emphasized the need for scale. The initiative aims to increase India's share in global textile trade from 4.7% to 14.7% by focusing on sustainability, innovation, and diversification into technical textiles.

Key Actions
95 India aims to increase textile economy to USD 350 billion and exports to USD 100 billion
90 Giriraj Singh emphasized need for higher scale, value, and year-round garment manufacturing India
75 Neelam Shami Rao detailed structural requirements for growth India
75 Rohit Kansal discussed financial and technological investment requirements India
70 India===Ministry of Textiles organized high-level industry interaction Confederation of Indian Industry
65 Kulin Lalbhai remarked on the need for building scale in garment manufacturing India
Entities Involved
cnt
India
India is the central focus of this event, with discussions revolving around its textile sector's growth, aiming for a USD 350 billion economy and USD 100 billion in exports by 2030-31. The proposed changes are expected to enhance India's global trade share and competitiveness.
Importance 100 Sentiment 70
per
Giriraj Singh
As Union Minister, Giriraj Singh is a key proponent of the proposed changes to India's textile sector, advocating for higher scale, value, and year-round garment manufacturing to boost exports and the overall economy.
Importance 90 Sentiment 60
govactor
India===Ministry of Textiles
The India===Ministry of Textiles is actively involved in shaping policy initiatives for India's textile sector, with its officials detailing structural requirements and financial needs to support the ambitious growth targets.
Importance 80 Sentiment 60
per
Neelam Shami Rao
As Secretary of the India===Ministry of Textiles, Neelam Shami Rao outlined the structural requirements for growth, including raw material availability, manufacturing expansion, infrastructure development, and market diversification.
Importance 70 Sentiment 50
per
Rohit Kansal
As Additional Secretary of the India===Ministry of Textiles, Rohit Kansal discussed the financial and technological investments, estimated at USD 100 billion, needed to achieve the sector's targets.
Importance 70 Sentiment 50
ngo
Confederation of Indian Industry
The Confederation of Indian Industry organized the high-level interaction, providing a platform for industry leaders and government officials to discuss and shape policy initiatives for the textile sector.
Importance 60 Sentiment 50
per
Kulin Lalbhai
Representing the industry as Vice Chairman of Arvind Ltd, Kulin Lalbhai emphasized the need for building scale in garment manufacturing to meet rising demand from new trade agreements.
Importance 60 Sentiment 50
+ 1 more entities View on Dashboard
Relationships
Giriraj Singh related ↔ India
Neelam Shami Rao related ↔ India===Ministry of Textiles
Rohit Kansal related ↔ India===Ministry of Textiles
Kulin Lalbhai related ↔ Arvind (company)
India related ↔ India===Ministry of Textiles
Giriraj Singh related ↔ India===Ministry of Textiles
Giriraj Singh related ↔ Neelam Shami Rao
Giriraj Singh related ↔ Rohit Kansal
Neelam Shami Rao related ↔ India
Rohit Kansal related ↔ India
+ 1 more relationships View on Dashboard
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