The textile and apparel sector contributes substantially to India’s GDP, employing millions and serving as a crucial source of livelihood, particularly in rural areas. The industry’s diverse product range includes traditional handlooms, cotton fabrics, and modern synthetic materials, catering to both domestic and international markets. This diversity provides India with a competitive advantage, allowing it to meet varied consumer demands and preferences.
Factors contributing to India’s rise in textile exports include a robust supply chain, established infrastructure, and government initiatives aimed at promoting the sector. The introduction of schemes such as the Production Linked Incentive (PLI) has incentivized domestic manufacturers to enhance productivity and strengthen export capabilities. Furthermore, India’s adherence to sustainability and ethical manufacturing practices resonates with the growing global demand for eco-friendly products, further bolstering its export potential.
Despite these advantages, challenges remain. Competition from other textile-exporting nations, fluctuating raw material prices, and issues related to labor standards pose significant hurdles. Addressing these challenges requires a concerted effort from multiple stakeholders, including the government, industry leaders, and trade organizations.
