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Indian Textile Minister's Vision: $250B Textile Ascent

Piyush Goyal, the Minister of Textiles, Commerce, and Industry, is at the forefront of an ambitious vision for India's textile sector, aiming to achieve a momentous $250 billion in textile production and $100 billion in exports by 2030. 

To chart the course towards this goal, Goyal led the visionary roadmap discussion at the Chintan Shivir event, which took place on July 18, 2023, bringing together officials from across the country for a collective brainstorming session to address the challenges facing the industry. 

During the event, Goyal placed significant emphasis on the necessity of an integrated approach and institutional reforms to enhance the sector's global competitiveness. The discussion delved into several pivotal themes, including strategies for boosting exports, attracting increased investments, scaling up operations, ensuring sustainability, and navigating the transition from natural to man-made fibers. 

In her address, Darshana Jardosh, the Minister of State for Textiles, highlighted the textile industry's vital role in India's economic growth and called for concerted efforts to nurture all segments of the value chain. 

With the firm determination and innovative solutions generated at the Chintan Shivir, India's textile sector endeavors to embark on a transformative journey towards unparalleled success.

 

 
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