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In his Mann Ki Baat address, Prime Minister Narendra Modi highlighted the growing strength of India’s textile industry, noting the rise of over 3,000 textile start-ups, many of which are reviving and globalizing India’s handloom heritage. This year also marks the 10th anniversary of National Handloom Day.
Aspect
Details
Contribution to GDP
2.3% of India’s GDP
Industrial Share
13% of total industrial production
Export Contribution
12% of total exports
Employment
Second-largest employer after agriculture; ~45 million directly employed
MSME Share
80% of textile production occurs in MSME clusters
Global Rank
5th largest textile market globally
2023–24 Exports
$34.4 billion total exports: ?? 42% Apparel ?? 34% Raw/Semi-finished ?? 30% Non-apparel finished goods
Boosted textile production and exports through reforms, infrastructure development, and incentives.
India’s textile sector stands at a transformative juncture. Strategic initiatives under Make in India, infrastructure investments, and targeted schemes like PLI and PM MITRA are positioning India to emerge as a global textile manufacturing hub. With sustained policy push, private sector innovation, and global outreach, the sector can drive economic growth, employment, and export competitiveness.
By: Shailesh Kumar Shukla ProfileResourcesReport error
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