New Delhi, Feb. 17 -- India aims for a threefold increase in its textile exports to Rs.9 lakh crore by 2030, Prime Minister Narendra Modi said on Sunday, hoping that the target can be achieved even earlier with the vision of "Five Fs" and new $7.5 billion worth of global opportunities in recycling of textile waste.
"Our textile exports have reached Rs.3 lakh crore. Now our aim is to take it to Rs.9 lakh crore by 2030," Modi said at Bharat Tex 2025 in New Delhi. The PM said India's textile sector grew by 7% last year, earning the world's sixth largest textile exporter's tag, and he hoped that the industry will strive to achieve double-digit growth in the coming years.
He said every entrepreneur participating in Bharat Tex is exposed to ove...