Domestic textile industry expected to grow to $350 billion by 2030: Giriraj Singh
The country’s textile industry is expected to grow to $350 billion by 2030 and add 3.5 crore jobs, said Union Minister of Textiles Giriraj Singh in the national capital on Wednesday.
The domestic textiles industry is expected to grow to $350 billion by 2030 and add 3.5 crore jobs, Union Minister of Textiles Giriraj Singh said at an event in the national capital on Wednesday, expressing hope that the country will be recognised by brand ‘Bharat’ and its green, sustainable textile products on a global level. The Union Minister spoke at the curtain raiser event of the 2025 edition of the Bharat Tex exhibition, scheduled to take place in New Delhi from February 14 to 17 in 2025 where more than 5,000 exhibitors and 6,000 international buyers from over 110 countries are estimated to participate.
Singh asserted that the government’s PLI scheme for textiles will enable the apparel industry to boost production and promote branding. The minister also said that the scheme will enable the linking of the textile value chain and lure FDI in the country.
The minister emphasised that the country's demographic dividend will aid its growth, urging the state governments to participate in the event. “With innovation, collaboration, and the Make in India spirit at its core, this event is an embodiment of the 5F vision of the Hon’ble Prime Minister- Farm to Fibre to Factory to Fashion to Foreign," he added.
What is Bharat Tex?
Bharat Tex 2025 is a global textiles event being organised by a consortium of Textile Export Promotion Councils (EPCs) and supported by the Ministry of Textiles. Bharat Tex 2025 is positioned as a global scale textile trade fair and knowledge platform.
Bharat Tex 2025 aims to build on the resounding success of the last edition in 2024.
Built around the twin themes of resilient global value chains and textile sustainability, this year’s show promises to be even more vibrant and attractive than the first edition, attracting top policymakers, global CEOs, international exhibitors, and global buyers, the textiles ministry said in a statement.
Spanning 2,00,000 square meters, the event will host over 5,000 exhibitors and 6,000 international buyers from over 110 countries, and is expected to see the participation of over 1, 20,000 visitors and around 100 international speakers, it added.
Where will it be organised?
The event will be held simultaneously at two state-of-the-art venues:
- Bharat Mandapam in New Delhi
- India Expo Centre and Mart in Greater Noida, Uttar Pradesh
Areas to be covered
The main event will be held from February 14 to 17, 2025, at the Bharat Mandapam, covering the entire value chain of textiles.
Exhibitions pertaining to handicrafts, garment machinery and ethnic apparel will be exhibited from February 12 to 15, 2025, at the India Expo Centre and Mart, Greater Noida.
Curtain Raiser event on September 4
The curtain raiser event for Bharat Tex 2025 drew a distinguished gathering of industry associations, textile sector leaders, and senior officials from various ministries. More information about Bharat Tex 2024 Expo available at www.bharat-tex.com
Union Minister of State for Textiles and External Affairs Pabitra Margherita, Textiles Secretary Rachna Shah, and other senior officials of the ministry also attended the event.
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08:02 PM IST