Union Minister states that the domestic textile market has grown from about Rs 6 lakh crore in 2014-15 to over Rs 16 lakh crore
Highlighting that India’s textile industry has expanded to nearly USD 190 billion in 2025-26, Union Textiles Minister Giriraj Singh said that the industry is poised to achieve the target of USD 350 billion by 2030.
Addressing the media, Singh noted that the domestic textile market has grown from about Rs 6 lakh crore in 2014-15 to over Rs 16 lakh crore, reflecting the sector’s expansion and increasing contribution to the national economy. He further noted that the textile and apparel sector currently provides direct employment to more than 5.3 crore people and is expected to generate nearly two crore additional jobs over the next three years.
The minister emphasised that guided by the Prime Minister’s 5F vision (farm to fibre, fibre to factory, factory to fashion and fashion to foreign), the sector has evolved into a strong and integrated value chain connecting farmers, manufacturers, weavers, artisans and exporters.
The Minister further noted that India has emerged as a major force in technical textiles, with the market expanding from about USD 6 billion to USD 25 billion under the National Technical Textiles Mission. Large-scale investments in research, innovation, incubation and industry-academia collaboration are helping build a future-ready textile ecosystem, he added.
He explained that significant progress has also been achieved in textile infrastructure through the development of integrated textile parks and seven PM Mitra Parks across key states, which are expected to attract investments worth Rs 70,000 crore and generate approximately 21 lakh employment opportunities.
The powerloom sector has benefited from technology upgradation initiatives, while Nift has expanded its academic footprint and introduced innovative projects such as VisioNxt and IndiaSize to strengthen India’s fashion and design ecosystem, the minister pointed out.
