India Aims for $100 Billion Textile Exports by 2030, Says Minister Giriraj Singh

Union Textiles Minister Giriraj Singh announced India's ambitious target to achieve $100 billion in textile exports by 2030-31, aiming to grow the sector's economy to $350 billion. He emphasized the need to shift from seasonal summer garment production to year-round manufacturing to capture wider global markets. The minister also stressed the importance of innovation, sustainability, and diversification into technical textiles to boost competitiveness. Officials and industry representatives highlighted the need to scale raw material production and manufacturing capacity to support this growth.

Key Points: India Targets $100B Textile Exports by 2030-31

  • Target $100B exports by 2030-31
  • Increase global trade share to 14.7%
  • Expand to year-round garment production
  • Focus on sustainability and technical textiles
2 min read

India targets $100 billion textile exports by 2030-31: Giriraj Singh

Union Minister Giriraj Singh outlines India's goal to reach $350B textile economy and $100B exports, emphasizing year-round production and innovation.

"The industry should expand its capabilities to produce garments for all seasons to tap a wider range of international markets. - Giriraj Singh"

New Delhi, March 11

Union Minister of Textiles Giriraj Singh on Wednesday said that India must move towards higher-scale and higher-value manufacturing and expand year-round garment production to strengthen its global presence in the textile sector.

Addressing an industry interaction organised by the Confederation of Indian Industry in New Delhi, the minister said India aims to expand its textile economy to $350 billion and exports to $100 billion by 2030-31.

Singh also said India's share in global textile trade should rise significantly from the current 4.7 per cent to 14.7 per cent, underlining the need for the industry to scale up production and competitiveness.

Highlighting structural challenges in garment manufacturing, the minister noted that much of India's production is currently focused on summer garments, catering to roughly eight months of global demand.

"The industry should expand its capabilities to produce garments for all seasons to tap a wider range of international markets," he said.

The minister also stated that the future of the textile sector will be increasingly driven by sustainability and innovation, urging the industry to diversify into technical textiles, value-added garments and innovative textile products where India has strong potential.

He also referred to Bharat Tex 2026 -- scheduled from July 14 to 17 -- which aims to connect Indian manufacturers with global buyers and investors.

Speaking at the event, Neelam Shami Rao, Secretary in the Ministry of Textiles, said India must strengthen raw material availability, manufacturing capacity, infrastructure and market diversification to support future growth.

She added that India's fibre production, currently about 15 million metric tonnes, will need to increase to nearly 23 million metric tonnes, supported by initiatives such as the National Fibre Mission.

Industry representatives also highlighted the need to scale garment manufacturing to meet potential demand arising from new trade agreements.

- IANS

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Reader Comments

S
Sarah B
As someone working in the export sector, the minister is right about the seasonal focus. We lose out on huge winterwear contracts to Bangladesh and Vietnam. Scaling up and diversifying our product range is not a choice, it's a necessity to stay competitive.
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Priya S
Great vision, but execution is key. We need massive investment in modern machinery and skilling. Also, the sustainability angle is crucial for global markets. Hope Bharat Tex 2026 brings in the right technology partners and not just buyers.
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Rohit P
Increasing fibre production is the foundation. Without raw material security, all these export targets will remain on paper. The National Fibre Mission needs to be implemented with urgency and transparency.
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Neha E
While the target is impressive, I hope this growth is inclusive. The textile sector employs millions of women and workers in the informal sector. Their wages, working conditions, and job security must be a priority alongside these big numbers.
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Michael C
The shift to value-added garments and technical textiles is the right path. Competing on cheap cotton t-shirts alone won't get us to $100 billion. Innovation in fabrics and design will define the future.
K
Karthik V
A respectful criticism: We hear

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