India targets $100B textile exports by 2030 with sustainability, FTAs
India's aiming big: $100 billion in textile exports by 2030.
The plan, announced at a recent summit, centers around making textiles more eco-friendly and tapping into free trade agreements.
Think recycling, traceability, and meeting global sustainability standards.
Summit urges digital passports and recycling
At the summit, leaders talked about rolling out digital product passports and building recycling systems to boost growth.
Union Minister Giriraj Singh pushed for these changes at every level, saying they need to sync with sustainability goals.
Commerce Secretary Rajesh Agrawal encouraged exporters to use FTAs and called for states to get more involved as export hubs.
There's also a big focus on expanding markets, especially man-made fibers, and helping MSMEs become globally competitive.