Textile at 2030: $350 bln industry, Rs 90,000 cr investment, says govt

India’s textiles sector is poised for growth to $350 billion by 2030, driven by Rs 90,000 crore in investment through PM MITRA Park and PLI scheme. Seven PM Mitra parks are set to attract Rs 10,000 crore each and create significant employment, while the PLI scheme aims to bolster manmade fibre apparel and technical textiles production.