Page 42 - NIS English 01-15 March, 2025
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BHARAT TEX

                                                            VISION OF THE


                                                       POSSIBILITIES OF


                                                       DEVELOPED INDIA
























          From East to West, North to South, India has a wide range of traditional costumes that
            showcase the cultural diversity of India. Today, India has become the sixth largest
             exporter of textiles and garments worth Rs 3 lakh crore, and now the target is to
           increase it to Rs 9 lakh crore by the year 2030. This has been strengthened by global

           events like Bharat Tex- 2025 organized at Bharat Mandapam in the capital New Delhi
                   from 14-17 February, in which more than 120 countries participated…


              he  textile  sector  contributes  more  than  2   has  doubled.  Textiles  hold  an  important  place  in
              percent  to  India’s  total  gross  domestic   the country as the largest employment-generating
        Tproduct  (GDP),  and  after  the  agriculture       enterprise.  When  investment  is  coming  in  this
        sector,  it  is  also  the  second  largest  sector   sector, growth is taking place, then its benefits are
        employing  45  million  workforce.  India’s  share  in   also being received by millions of people working
        the world’s textile and garment market is currently   in the textile sector. This sector is contributing 11
        4.5  percent  with  an  export  of  37  billion  dollars.   percent to India’s manufacturing. This is the reason
        Behind  these  success  figures  are  the  hard  work   why  the  government  has  emphasized  Mission
        and policies of a decade, through which the Indian   Manufacturing in this year’s budget.
        textile  sector  has  touched  this  height.  While
        addressing  ‘Bharat  Tex  2025’,  Prime  Minister    FROM 5 F TO NEW PATHS OF GROWTH
        Narendra Modi not only recapitulated this journey    Prime Minister Modi said that last year in Bharat
        of a decade but also reiterated his resolve to take   Tex, I talked about 5 F factors in the textile industry
        this  sector  further  ahead  with  new  thinking  and   like  farm,  fiber,  fabric,  fashion,  and  foreign.  This
        new  resolutions.  PM  Modi  said  that  in  the  last   vision is now becoming a mission for India. This
        decade,  foreign  investment  in  our  textile  sector   mission  is  opening  new  paths  of  growth  for


        40  NEW INDIA SAMACHAR // March 1-15, 2025
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